Cloudy Weather Report Ramallah, Palestine +4°C, Cloudy
Home | News |

JABU seeks financial support for infrastructural development

Peter Dada, Akure

The Vice-Chancellor of the Joseph Ayo Babalola University, Ikeji-Arakeji, Osun State, Prof. Sola Fajana, has said that the institution is facing some financial challenges, which have made it difficult to carry out its capital projects.

He called on well-meaning Nigerians to render financial assistance to the university to enable it to achieve its next stage of development.

Fajana made the appeal at the formal launch of a N2.5bn endowment fund, held at the institution.

Describing the funding of a private university as anherculean task that demands urgent attention from stakeholders, the vice-chancellor said, “To run JABU with the traditional tripartite function,  develop more infrastructure and sustain the existing ones, to pay bills, to settle our liabilities and to cover all expenses,  we ask for your support , help and generous contributions.

“Our JABU is not funded by any outside sources, except the monthly subvention from the authorities of the church. More important, we need funds for capital projects to see JABU to its next stage of development.

“We need finance, manpower and volunteers. Most of all, we need your prayers and intercession to the Lord. So we rely on your assistance and generosity of the people to help to rebuild our JABU.”

In his remarks, the Visitor to the university and Chairman of the Board of Trustees, Pastor Abraham Akinosun, lamented that paucity of funds had delayed the school in achieving its goal at the end of its second phase of development.

He gave the assurance that the institution would bounce back and called for assistance for the university to enable it meet its development target.

“As part of the university’s development during this third phase, we need to complete the second phase of the proposed  college of medical sciences, the second phase of the distant learning building complex,  tar our roads and further beautify our campus among others, “ Akinosun said.

Copyright PUNCH.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

Contact: [email protected]

(Visited 4 times, 4 visits today)


No tags for this article
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.

Related Articles

Strategy: We shopped at 3 of the biggest dollar-store chains in America to see which one offered the best experience, and the winner was clear (FIVE, DLTR, DG)

Dollar stores are having a moment. Dollar Tree currently has 14,000 locations, with plans to open hundreds more in 2018. Comparable sales were

In Kogi: LG workers now to receive 54% of salary

Local Government workers in Kogi State have applauded the state government for its decision to increase their monthly percentage salary from 30 per cent to

Teju Cole: 'Open City' author joins Harvard to teach creative writing

Award winning writer, Teju Cole has joined Harvard University.According to a report by Brittle, Cole joined the university’s Department of English as the Gore Vidal

Most Watched Videos

View all posts

The Marriage Test Bucket - (Video)

Watch this hilarious spoof:  The Marriage Scanning Bucket.  Please leave a review below.

Nigeria vs Zambia 1-0 - (Video)

Watch the football match between Nigeria vs Zambia 1-0, shows  Extended Highlights from the 2018 World Cup Qualifiers on 7 October 2017

Amazing! This Pastor Claims to Heal by Kissing His Flocks - Video

Wonders shall never end.  This is a new one.... Ghanaian pastor based in South Africa claims to heal folks through kisses.  Yes, full blown tongue in

What Type of Man Are You? (Must Watch Video)

This video describes in vivid terms, the types of men that exist.  Watch and review below.

Most Read News

View all posts

Joshua: I am under pressure

ANTHONY JOSHUA admits he is feeling the pressure ahead of Saturday’s Wembley showdown with  Russian Alexander Povetkin. Joshua will put his WBA, IBF and WBO world

Ohanaeze youths to PDP: Give us VP slot, or lose S-East to APC

By Peter Okutu & Chinedu Adonu ABAKALIKI-THE leadership of Ohanaeze Ndigbo Youth Council Worldwide, yesterday warned that it would massively mobilise Igbo youths for the All

Divorce: My husband is a gossip, liar

A 43-year-old housewife, Titilayo Akaba, on Thursday asked a Badagry Customary Court in Topo Garage, to dissolve her marriage to Maselin Akada, whom she accused

Buhari's Ten Million Imaginary 'Millionaires' By Emmanuel Onwubiko

Early in the morning of Wednesday September 19th 2018, I switch on the television and proceeded to channel 306 on DSTV/Multichoice satellite network to let

APO: Nigeria: International Committee of the Red Cross (ICRC) condemns midwife’s murder, appeals to abductors to spare two other healthcare workers

Download logo The International Committee of the Red Cross condemns in the strongest terms the tragic killing of its abducted colleague Saifura Hussaini Ahmed Khorsa. It

French interior minister to quit in further blow to Macron

France’s Interior Minister Gerard Collomb announced Tuesday that he would stand down after next year’s European Parliament elections, in yet another blow to President Emmanuel

Most Watched Movies