Malitus Okafor, Umuahia
Vice Chancellor of Abia State University, Uturu, Prof. Onyemachi Ogbulu has revealed that the institution’s perceived financial leakages have all been blocked within the two years of his leadership in the University.
Briefing Journalists during the University’s 29thPre- Convocation Ceremony which held at the Conference Hall of the Institution, Tuesday, Professor Ogbulu recalled that during his first year in office was used to set key processes and procedures to drive and harness internally generated revenue in the midst of poor funding for academic Institutions in the Country.
“This also involves blocking all areas of revenue leakages and prudent management of scare resources. Hence, except for the period of ASSU strike, where the entire University was shut down without any revenue coming in, we have been able to pay Staff salaries regularly as and when due”
Prof. Ogbulu who is the 8th Substantive Vice Chancellor of ABSU noted that within the two years on the saddle, the University has recorded substantial achievements in Academic excellence, peace and adequate security within the University community which has promoted effective academic activities, in addition to generation of Internal Revenue for the institution to function effectively.
The Vice Chancellor listed some of the infrastructural projects completed under his tenure to include; the Academic Staff Complex, New Department of Optometry Block, Housing Offices for former Vice Chancellors of the University and some distinguished professors.
Other projects according to him include the completion of the Medical Center, Information Communication Center and University Auditorium of the Osisioma Aba Campus as well as the installation of 500kva transformer and completion of the Ring road at the Umuahia Campus of the Institution.
He revealed that the completed projects would be commissioned by Governor Okezie Ikpeazu during the forthcoming 29th Convocation Ceremony of the institution slated to hold on Friday 27th January 2023.
Ogbulu further stated that the institution under his administration has been able to set key processes and procedures to drive internally generated revenue for the University adding the effort is gradually yielding dividends through public and private partnership in key areas.
According to the Vice Chancellor, the institution has successfully blocked all revenue leakages as well as engaged in prudent management of scarce resource in keeping the institution afloat inspite of the present state of educational system in Nigeria.
