Bulletin
www.oouagoiwoye.edu.ng
A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
ISSN: 0794-5396
AWUJALE LAYS FOUNDATION FOR VC'S LODGE, LAUDS OOU MANAGEMENT
The Awujale and Paramount Ruler of Ijebuland, Oba (Dr.) Sikiru Kayode Adetona
nother historic feat was made on
A
Tuesday, 7th December, 2021 at
Olabisi Onabanjo University
(OOU), Ago-Iwoye when the foundation
laying ceremony of the Vice-Chancellor's
Lodge facilitated by the Awujale and
Paramount Ruler of Ijebuland, Oba (Dr.)
Sikiru Kayode Adetona, was held at the
Main Campus of the University. The
epochal event was undoubtedly historic
as it crystallized the University's dream of
having a befitting and magnificent
residential building for its Vice-
Chancellor.
Although facilitated by the Awujale, the
Vice-Chancellor's Lodge has also got the
buy-in of a group of 12 prominent Ijebu
indigenes who had equally volunteered
Vol. 28 No. 1
to finance and deliver the building project
in record time.
Oba Adetona, in his remarks at the
foundation laying ceremony held at the
project site, said he was excited to identify
with OOU as an institution that had made
giant strides in teaching, research and
service to the community. The monarch,
who had previously endowed a multi-
million Naira Professorial Chair in
Governance at the University and also
complemented it with the establishment
of an Institute of Governance Studies,
pledged to continue to support OOU in
actualising its vision and mission.
He commended the impressive and
visionary leadership of the Vice-
DECEMBER, 2021
Chancellor, Professor Ganiyu Olatunji
Olatunde, whom, he noted, had further
encouraged him to make more positive
contributions to the University. He said
while still alive, he would not relent in
playing active role to ensure the University
achieves greatness.
Oba Adetona, who said he was unhappy
that the University lacked a permanent
residence for its Vice-Chancellor since its
establishment almost 40 years ago,
however, stated that he was grateful to God
for using him to address the problem.
He added, "I want to use this opportunity to
thank the Vice-Chancellor because he
further encouraged me to come more
positively to this University. I thank him and
am grateful to all of you for the support you
have given to him. I promise that while I'm
still living, I will continue to play my part and
make sure that this University achieves
greatness.
"I want to thank the University, once again,
for giving me this wonderful opportunity. I
pray that this University will continue to
grow from greatness to greatness.”
The Awujale, who recalled his days as a
minister in the defunct government of the
old Western Region, decried the problems
confronting the country as a result of bad
governance. He, however, expressed
optimism that both the Professorial Chair in
Governance and the Institute of
Governance Studies he established in the
University would be able to execute
01
researches capable of proffering solutions
01
01
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
Cont’d from page 01
AWUJALE LAYS FOUNDATION FOR VC'S LODGE
to contemporary challenges and issues of
governance at both local and global levels.
"I believe that if governance is right,
Nigeria would be a great country. My
objective is to contribute towards the
greatness of this country and I'm sure that
both the Professorial Chair in Governance
and the Institute of Governance Studies
will provide a lot of help to guide this
country to good governance," the
monarch submitted.
The Awujale had, during his visit to the
University on 27th August, 2021 in
company of the donors of the Vice-
Chancellor's Lodge, revealed that the
project would cost the sum of N175million
and be completed within 12 months. He
had assured that the funds for
construction of the landmark project had
already been set aside.
The donors include Otunba Lekan Osifeso,
Dr Adetunji Oredipe, Hon. Korede
Osunsanya, Otunba Jimi Lawal, Otunba
Laide Fowosere, Mr Gbenga Fetuga, Engr.
Olufemi Omotayo, Otunba Abiola
Odunowo, Otunba Gboyega Soye, Chief
Taiwo Adeniji, King Wasiu Ayinde Marshall
(KWAM 1) and Engr. Yinka Owodunni.
Earlier in his opening remarks, the Vice-
Chancellor, who was represented by the
Deputy Vice-Chancellor, Academic, Prof.
Deji Agboola, was full of gratitude to the
Awujale whom he described as one of the
greatest benefactors of the University. He
acknowledged the legendary
contributions of the monarch to the
institution, including his donation of
iconic buildings, access road construction
and endowment of professorial chair.
According to him, it Is rare to find anyone
that can match Oba Adetona in terms of
mobilising people for developmental
purposes. Prof. Olatunde also noted that
the various interventions of the
Paramount Ruler had boosted the
capacity of OOU to provide solutions for
leadership failure and governance deficit
in the country.
Vol. 28 No. 1
He, therefore, urged well-meaning
Nigerians to emulate the monarch and
embrace his good governance initiatives in
a bid to improve the socio-political and
economic situation of the country.
The Vice-Chancellor disclosed that anytime
from January, next year, the National
Universities Commission (NUC) will come to
the University for resource verification of
the Oba Sikiru Kayode Adetona Institute of
Governance Studies to enable the
institution start running certificate,
postgraduate diploma, Master degree and
PhD degree programmes in Governance
Studies.
His words: "Today, we are bold to say that
the Institute of Governance Studies has
come to stay. We have submitted the letter
to the National Universities Commission for
resource visit and anytime from January,
they will come for resource visit so that they
can start the MSc, postgraduate diploma as
well as the PhD in Governance.
"I believe that when we start having all
those things, this country will change for
better. Kabiyesi has sponsored the
Professorial Chair in Governance for the
past five years now and apart from the
process that we are talking about, we have
started seeing changes in the University as
well because all of us are students of
governance and we are putting in what
The University Management and some of the donors in a group photograph with the Ebumawe of Ago-Iwoye,
Oba Abdulrazaq Adenugba and the Awujale of Ijebu Land, Oba (Dr.) Sikiru Kayode Adetona
DECEMBER 2021
we have started learning from Kabiyesi
informally to practice. I believe, at the
end of the day, we are all going to be
happy that what we have learnt from
Kabiyesi is turning around the University
for good.”
In an effort to improve staff welfare and
alleviate accommodation challenges in
the University, Prof. Olatunde stated that
the Management had commenced the
construction of 25 units of self-contained
houses at the Main Campus in Ago-
Iwoye. He revealed that by January,
another 25 units will be added to the
project.
"In order not to allow members of the
University Community to continue to run
from pillar to post, coming from Lagos,
Abeokuta, Ibadan, Ijebu-Ode to work
here, we have started the 25 units of self-
contained houses. We know majority of
them are married, they will want to go to
their families by weekend. So they will be
making use of these houses when they
are at work between Monday and Friday.
Every year, we have it in our plan that we
will continue to put 50 units of this self-
contained house until it is adequate for
staff," he explained.
Cont’d on page 05 02
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
NUC, COREN HAIL OOU INVESTMENT IN ENGINEERING, OTHER PROGRAMMES
The Vice-Chancellor, Prof. Ganiyu Olatunji Olatunde receiving the Exit Report from the COREN
Team Leader, Electrical and Electronics Engineering, Prof. Adagbonyin Obiazi
T
he massive investment in
intellectual and material
resources in Engineering and
other academic programmes by the
Management of Olabisi Onabanjo
University (OOU), Ago-Iwoye has
received the nod of both the National
Universities Commission (NUC) and
Council for the Regulation of Engineering
in Nigeria (COREN). The two bodies,
which respectively have statutory and
professional regulatory powers over the
University, also commended the
commitment to staff welfare by the Vice-
Chancellor, Professor Ganiyu Olatunji
Olatunde.
The NUC Accreditation Teams, which
recently reassessed some of the
University's programmes, praised the
Olatunde-led Management in particular
for its humane disposition to prompt
payment of salaries towards enhancing
the productivity of academic and non-
teaching staff of the institution.
T h e p ro g ra m m e s p re s e nte d fo r
reaccreditation include Industrial
Relations and Personnel Management,
Christian Religious Studies, English,
French, History and Diplomatic Studies,
Philosophy, Yoruba as well as Electrical
and Electronics Engineering. The exercise
commenced on 28th November, and was
concluded on 9th December, 2021.
It should be noted that the NUC usually
carries out accreditation of programmes
Vol. 28 No.1
with a view to ensuring compliance of
tertiary institutions with the laid down
minimum academic standards. Some of
the criteria often used for assessment
include philosophy and objectives of
programme, curriculum, library resource,
human resources, physical facilities,
funding and administration of
departments, among others.
Welcoming the teams at various times in
his office, the Vice-Chancellor, who was
represented by the Deputy Vice-
Chancellor, Academic, Prof. Deji Agboola,
noted that accreditation was a significant
exercise that provides the framework to
have quality assurance evaluation of the
University programmes from accrediting
body through peer review activities. He
assured them of the readiness of the
University Management and officials to
cooperate with the assessors towards
making their assignment hitch-free.
The Vice-Chancellor, who traced the
history of the University from inception in
1982 to 2001 when it was renamed after
the first Civilian Governor of Ogun State,
Chief Olabisi Onabanjo and also to
current developments, said virtually all
the programmes being run by the
institution have full accreditation. He
recalled how the University had invested
huge resources on training of academic
and non-teaching staff to develop their
capacity for optimal performance.
DECEMBER 2021
After visiting the various Departments to
assess their respective programmes, the
Accreditation Teams usually returned to the
Vice-Chancellor's Office to submit their Exit
Reports. According to them, the essence of
accreditation was to improve standards in the
Universities and not for undue witch-hunting.
In their briefings, many of the Panel Chairmen
admitted that there were tremendous
improvement in the University in terms of
infrastructures and facilities. They further
expressed satisfaction with the prevailing
ambience and serene environment of the
campus as well as the safety arrangements
put in place by the Management.
Pres ent in g t h e E x it Rep o rt o f t h e
Accreditation Panel on Electrical and
Electronics Engineering, the Team Leader,
Prof. Adagbonyin Obiazi, specifically lauded
the Vice-Chancellor's dedication to
promotion of staff welfare.
"The staff confirmed to me that their salaries
are paid before the end of the month," Obiazi
stated. "That is something commendable. We
appreciate the VC as a human being for doing
that.”
"You will all agree that the challenge of this
country is not just about the system; the
system is another thing but you need a good
human being in a good system. We want to
appreciate the Vice-Chancellor for being a
human being. It takes a human being to
recognise that workers need their pay to be
able to take care of their families," he added.
The Team Leader described as "very
adequate" the programme philosophy. He
noted that the curriculum was satisfactory,
adding that the assessors even saw some
innovative courses in the University. He also
confirmed that the admission requirements
in the University were in accordance with the
benchmarks stipulated by the NUC.
“Internal quality assurance mechanism is in
place from the documents we have seen. This
is very commendable and I want to encourage
you to strengthen internal quality assurance
mechanism," he stated.
Cont’d on page 08 03
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
CHARTERED ACCOUNTANTS CRUCIAL TO OUR ACHIEVEMENTS -VC
The Vice-Chancellor, Prof. Ganiyu Olatunji Olatunde
T
he Vice-Chancellor, Olabisi
Onabanjo University (OOU),
Ago-Iwoye, Professor Ganiyu
Olatunji Olatunde, has identified
accountants as important professionals
crucial to ensuring order within the
s o c i e t y. H e s a i d a c c o u n t a n t s that a lot of people take pride in.
co nt r i b u te d i m m e n s e l y to t h e
achievements so far recorded by his
administration and pledged to continue
to support any effort to enhance the
accounting profession within the
University system and the nation at
large.
Prof. Olatunde recently made the
remarks when the executive and
members of the Institute of Chartered
Accountants of Nigeria (ICAN), Ijebu-
Ode and District Society led by their
Chairman, Mrs Taiwo Morenikeji, paid
him a courtesy visit at his office.
The courtesy visit was part of the
activities marking the 2021
International Accounting Day
celebration. Every 10th November is
designated to commemorate the
International Accounting Day across the
Vol. 28 No. 1 DECEMBER 2021
world. efforts of everybody, but most
importantly the guidance of the Bursar
The Vice-Chancellor, in ensuring that our finances are good,"
who congratulated he added.
the ICAN members for
witnessing this year's Prof. Olatunde, who commended ICAN
celebration, noted for previously gifting the University a
that the University befitting 250-seater auditorium at the
was proud to be Fa c u l t y o f A d m i n i s t ra t i o n a n d
associated with them. Management Sciences, assured that the
He stated that the institution would support everything
significance of the that has to do with the growth of the
a c c o u n t i n g accounting profession and its members.
profession cannot be
o ve r - e m p h a s i s e d . He vowed not to relent in making
According to hm, the opportunities for training and capacity
profession confers on building available for accountants
a c c o u n t a n t s t h e within the University system to hone
ability to manage t h e i r s k i l l s a n d i m p rove t h e i r
financial, human and competencies
material resources.
" We w i l l a lways e n c o u ra g e a l l
Prof. Olatunde said, "Once you are able to professionals within the system to
manage financial resources, you should be update their knowledge. They must go
able to manage human and material for constant training; it's one thing I
resources. And that's why the accounting believe very strongly in. Once you don't
profession is one of the most recognised all update and retrain yourself, you will just
over the world and probably the profession be there and won't know the new
techniques that are going on," he
observed.
“We are proud to be associated with the
accountants in this University and Earlier in her speech, the Chairman,
elsewhere, we know without them, we may Ijebu-Ode and District Society of ICAN,
not be able to have order within the society. Mrs Taiwo Morenikeji, said members of
Because once you don't have good financial the professional body decided to visit
arrangement, you will rupture the system.” the Vice-Chancellor and identify with
him because he had been a great pillar of
The Vice-Chancellor pointed out that the support to chartered accountants. She
achievements made since his inception of noted that accountants in the University
office, including prompt payment of had enjoyed several opportunities of
salaries and allowances as well as training and capacity development
infrastructural upgrade, were not without among other professionals within the
the contributions of accountants. system. Morenikeji, who stated that
every 10th November has been set aside
"We've been able to develop our system to celebrate professional chartered
because we have a sound accounting accountants throughout the world,
system headed by the Bursar who is always disclosed that her members had earlier
there to advise us. We are appreciative of embarked on a health walk to further
your profession and I must say that we've create awareness before the courtesy
been able to do this much, with collective visit to the University.
Cont’d on page 05 04
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
Cont’d from page 04
CHARTERED ACCOUNTANTS CRUCIAL TO OUR ACHIEVEMENTS - VC
The University Management in a group photograph with members of the Institute of
Chartered Accountants, Ijebu-Ode and District Society
She said, "Ijebu-Ode and District
Society have been in existence since
2011. Our members cut across all
sectors. This International
Accounting Day is for us to celebrate
ourselves and we are using this
celebration to remind, charge and
encourage all the professional
accountants to uphold our motto:
a c c u r a c y a n d i n t e g r i t y."
"Accounting is the only profession
that we know that God even has a
hand in it because when we leave this
world, we will give account of
stewardship of how we spent our
lives.
Cont’d from page 02
AWUJALE LAYS FOUNDATION FOR VC'S LODGE
Speaking on behalf of the donor group,
Otunba Lekan Osifeso said the 12 Ijebu
indigenes were happy to commit their
resources to the construction of the
Vice-Chancellor's Lodge. He thanked
the Awujale for inviting them to add
Vol. 28 No. 1
Accountants are valuable in organisations
and there is no organisation that you
would not need accountants because we
are there to manage resources and play
advisory role in governance."
The ICAN boss underscored the
importance of regular training for
accountants, urging the University to
continue to render support to the
professional body by sponsoring its
members working in the school to
relevant conferences and workshops.
"You cannot give what you don't have.
Accountants have the interest of this
value to the University.
"On behalf of the donors, I
want to say a very big
thank you to Kabiyesi for
giving us the opportunity
to come together and
donate the project,"
Osifeso stated. Highpoint
of the ceremony was
when the Awujale,
assisted by the Vice-
Chancellor, performed the symbolic turning
of the sod of the multi-million naira
residential building.
Members of the University Management in
attendance included
DECEMBER 2021
University at heart. Professional training
adds value to the service rendered to the
University," she added.
Morenikeji also used the opportunity to
intimate the Vice-Chancellor of the plan
by the Ijebu-Ode and District Society to
host the Western Zonal Conference of
ICAN between February 14 and 17, 2022
and solicited the support of the
University Management in making the
forthcoming event a success.
"We pledge our unalloyed loyalty that we
will continue to move this University
forward. We will not hesitate to add
value to our work and to this University,"
she submitted.
Apart from the Vice-Chancellor, other
members of the University Management
who were on ground to receive the ICAN
delegation, included the Deputy Vice-
Chancellor, Academic, Prof. Deji Agboola;
Registrar, Mr Femi Ogunwomoju;
University Librarian, Dr Adebambo
Oduwole; and the Bursar, Mr Semiu
Makinde, who is also a prominent
member of the Ijebu-Ode and District
Society of ICAN.
t h e D e p u t y V i c e - C h a n c e l l o r,
Administration, Prof. Charles Adekoya;
Registrar, Mr Femi Ogunwomoju;
University Librarian, Dr Adebambo
Oduwole; and the Bursar, Mr Semiu
Makinde.
Some of the dignitaries present at the
occasion were the Ebumawe of Ago-
Iwoye, Oba Abdulrazaq Adenugba;
Otunba Abiodun Onanuga; Director-
General, Institute of Governance Studies,
Prof. Adigun Agbaje; the Occupier of Oba
(Dr.) Sikiru Kayode Adetona Professorial
Chair in Governance, Prof. Akinsola
Agagu; and his predecessor, Prof. Ayo
Olukotun, among others.
05
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
OOU MICROFINANCE BANK HOLDS 14TH AGM, DEFERS DIVIDEND PAYMENTS
L-R: Managing Director, OOU Microfinance Bank, Mr. P.O Ogunlolu; Auditor, Benjamin
Akanji Omonayajo; Representative of the Board Chairman, Mr. Semiu Makinde;
Board Directors, Mrs M.R Taiwo and Dr. A.A Adeyemi.
O
labisi Onabanjo University
Microfinance Bank Limited
(OOUMFB) has reassured its
shareholders and customers of
improved revenue generation and
profitability level in the next fiscal year.
This came as the Bank posted a profit
before tax of N2.129million for the
financial year ended December 31, 2020
and also had its shareholders fund
increased to N117,785million in the
year under review.
At the 14th Annual General Meeting
(AGM) of the Bank held on November
24, 2021 at the OGD Hall, Main Campus,
Olabisi Onabanjo University (OOU),
Ago-Iwoye, the Bank declared its
readiness to exploit the emerging
business opportunities in and around
its operating environment.
However, due to the impact of the
coronavirus pandemic and industrial
action embarked upon by the Academic
Staff Union of Universities (ASUU)
members earlier in the 2020 financial
year, the Bank disclosed that dividend
Vol. 28 No. 1 DECEMBER 2021
In spite of the negative indices, the Board
Chairman noted that the Bank's
shareholders fund increased from
N115,702million in 2019 to
N117,785million in the year under
review. He expressed optimism that the
Bank will continue to move to greater
heights in subsequent years.
On human resources, Prof. Olatunde
posited that the Bank had continued to
lay strong emphasis on staff welfare,
stressing that the system provides an
enabling environment that encourages
good interpersonal relationships, team
spirit, good initiatives, self-confidence,
creativity and self-development at work.
He said, "Staff development is a top
priority in our bank. Management and
staff are allowed to attend seminars and
payments to shareholders were deferred
courses most especially those organised
till the next AGM.
by the Central Bank of Nigeria (CBN) and
other training institutions to ensure
Presenting the performance of the Bank,
innovation, efficiency and increased
the Chairman of the Board, who is also the
output.
Vice-Chancellor, Olabisi Onabanjo
University (OOU), Ago-Iwoye, Professor
Staff members are encouraged to
Ganiyu Olatunji Olatunde, said the year
upgrade themselves academically in
2020 was challenging due to the COVID-19
areas recognised in industry and
pandemic which disrupted economic
commerce to enhance their
a c t iv i t i e s n a t i o nw i d e . T h e V i c e -
effectiveness.”
Chancellor, who was represented by the
Bursar, Mr Semiu Makinde, added that the
He thanked customers, business
industrial action by ASUU which crippled
partners, shareholders and regulators,
academic activities within the University
among others, for their invaluable
campus and its environs also compounded
contributions to improve and strengthen
the economic woes of the Microfinance
the operations of the microfinance bank.
Bank.
Prof. Olatunde added, "In our drive to
According to him, the Bank's posted profit
b ro a d e n o u r re ve n u e b a s e a n d
before tax of N2.129million for 2020
profitability level, we have adopted a
financial year showed a decrease of
holistic approach towards our local
N10.139million when compared to
market development penetration.
N12.3million recorded in 2019. He
explained that loans and advances to
"We are optimistic that our effective
customers also reduced from
business networking approach to
N109.815million in 2019 to
shareholders within the community and
N81.877million in 2020.
outside the community also added value
Cont’d on page 07
06
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
Cont’d from page 05
OOU MICROFINANCE BANK HOLDS 14TH AGM, DEFERS DIVIDEND PAYMENTS
to our business interest and will
continue to help us in the development,
penetration of new markets and the
dream to make our Bank a state
Microfinance Bank. We shall continue
to improve and strengthen our
operations, such that the Bank remains
the number one source of value to all
who regularly interact with it."
While addressing the shareholders, the
Managing Director, Mr Peter Ogunlolu,
decried the impact of COVID-19
pandemic and associated lockdown as
well as the ASUU industrial action
which, according to him, compounded
the already bad situation.
Ogunlolu, who presented the Chief
Executive's Review, noted that the past
year presented some challenges to the
Bank and its customers, employees and
communities against the backdrop of
the ongoing global pandemic that led to
a widespread economic crisis.
Based on the foregoing financial
performance highlights, he disclosed
that the Bank's interest income
reduced from N70.865million in 2019
to N49.83million in 2020.
He added, "In the same vein, total
operating expenses reduced from
N51.377million in 2019 to
N45.001million in year 2020 while
interest expenses reduced from
N60.032million in year 2019 to
N36.765million in year 2020."
"Deposit liabilities reduced from
N378.221million in year 2019 to
N215.416million in year 2020 while
loans and advances to customers also
reduced from N109.815million in year
2019 to N81.877million in year 2020.
However, in spite of the negative
indices, the Bank's shareholders fund
or total equity increased from
N115.702million in 2019 to
N 1 1 7 . 7 8 5 m i l l i o n i n 2 0 2 0 ."
Vol. 28 No. 1
Ogunlolu, who pointed out the
economic environment will remain
challenging in 2021 as a fallout of the
COVID-19 pandemic, however, assured
that the Bank would focus on strategic
priorities to deliver its overall business
goals.
"Our key objective is to enhance
shareholders/stakeholders value by
exploring business opportunities both
within and outside the University
C o m m u n i t y ; l eve ra g i n g o n t h e
advancement in internet banking
platform to achieve strategic growth
and profitability; driving service quality
and efficiency in our operations;
ensuring a sustainable growth and
financial intermediation and ensuring
that all members of the University
Community are in account relationship
with OOU Microfinance Bank," he said.
While thanking the Board, Management
and staff of the Bank, the Managing
Director enthused that he had no doubt
that the Bank shall be in a better
financial position to deliver handsome
returns on investments to shareholders
L-R: Dr. A.A Adeyemi; Mr. M.A.B Lawal; Mr. Semiu Makinde representing the Vice-Chancellor,
Prof. Ganiyu Olatunji Olatunde; Mrs M.R. Taiwo; Dr. Bamidele Ilo and Mr. P.O. Ogunlolu at the
14th Annual General Meeting
DECEMBER 2021
by the end of the current financial year.
Giving the independent auditor's report
at the meeting, Benjamin Akanji
Omonayajo & Co. (Chartered
Ac c o u n t a n t s ) s a i d t h e f i n a n c i a l
statements, comprising the statements of
financial position as at December 31,
2020 and the statement of profit or loss
and other comprehensive income,
statement of changes in equity and
statement of cash flows of the Bank had
b e e n a u d i t e d .
"In our opinion, the accompanying
financial statements give a true and fair
view of the financial position of OOU
Microfinance Bank Limited as at 31
December, 2020, and the financial
performance and cash flows for the year
t h e n e n d e d i n a c c o rd a n c e w i t h
International Financial Reporting
Standards, the Banks and Other Financial
Institutions Act CAPB3 LFN 2004, the
regulatory and supervisory framework
for Microfinance Banks, the Companies
and Allied Matters Act 2020 and the
Financial Reporting Council of Nigeria
Act, 2011," the auditor's report read.
07
 A Publication of Olabisi Onabanjo University, Ago-Iwoye, Nigeria
Cont’d from page 03
NUC, COREN HAIL OOU INVESTMENT IN ENGINEERING...
On Library facilities, the Accreditation "We are not unaware of your massive lot
Teams hailed the efforts of the
University.
They noted that most of the books and
j o u r n a l s i n t h e Fa c u l t i e s a n d
Departments visited were current and
highly relevant, adding that the
University e-library was functional and
up-to-date in subscriptions. They also
said they were impressed with the speed
and connectivity of the internet service.
Although the Accreditation Teams
largely commended OOU for striving to
meet and sustain the Benchmark
Minimum Academic Standard of the
NUC, they observed some shortcomings
in the area of funding and staffing in few
Departments. They advocated the need
to provide adequate furniture and
teaching aids, especially for junior
lecturers, just as they called for
recruitment of technical and support
staff for certain Departments.
Meanwhile, COREN has also
a c k n o w l e d g e d t h e U n i v e rs i t y ' s
investment in qualified personnel,
modern equipment and other
infrastructure for teaching-learning
process in Engineering programmes. The
Chairman of COREN Accreditation Team,
Engr. Dr. Okodugha Dauda Aluyah, gave
the commendation while presenting the
summary of the Exit Report to the Vice-
Chancellor, Professor Ganiyu Olatunji
Olatunde, at the Main Campus of the
University recently. The Accreditation
Team, made up of experienced, skilled
and highly knowledgeable professionals
from the industry and academia, also
included Engr. Gabriel Okechukwu
Ozoude, Engr. Dr .Joel Osarumwense
Egwaile, Engr. Atinuke Owolabi, Mrs
Jimoh Zikrah, Mrs Onyinye Okafor, Mrs H.
A. Mohammed, and Mr.Terfa Calistus
Ushir, who was the Secretary to the
panel.
A Bi-Monthly Publication of the Corporate Affairs Division, V.C.’s Office
Vol. 28 No. 1
- for records of model achievements over time.
engineering programmes in Olabisi
Onabanjo University. Apart from the school
adequate deployment of modern
technology in the overall teaching and
learning process as epitomised by the largely
available access to internet by staff and
students, the school has made commendable
-
investment in the procurement of laboratory
equipment for the programme visited and
this should be sustained and probably
improved upon,” Aluyah added.
Earlier in his speech, Prof. Olatunde, who had
assured the team of the University's
cooperation for a hitch-free exercise,
welcomed the COREN delegation after three
days of rigorous examination and scrutiny of
the Electrical/Electronics and Civil
Engineering programmes. He, particularly,
commended COREN for the good work the
professional regulatory body was doing to
Nigeria's educational system. “As the third
eye, we always want to believe the Council is
for partnership and growth, not for witch-
hunting. It is aimed at building, not
destroying,” the Vice-Chancellor added. He
further noted that the University had
developed, as a matter of principle over time
the habit of not running foul of professional
bodies' requirement.
While giving a brief history of the University,
which he said, was established in 1982 as the
premier University in the State, the
University's helmsman disclosed that the
institution had transformed significantly with
The University Management in a group photograph with the Accreditation Team of COREN
DECEMBER, 2021
He said the University now has 13 Faculties,
53 Departments, and 75 academic
programmes with 96.9 percent NUC
accreditation of all the programmes offered
in the University, including the Engineering
programmes. He, thereafter, appreciated the
team for their objective assessment of the
programmes and promised that his
Management team would in its usual style
promptly do the needful in the other grey
areas observed by the team.
The team leader commended the good
working relationship existing among staff
members, and the Management's on-going
efforts at improving the staffing needs of the
departments. This, according to him “is
evident in the Management willingness to
engage academically and professionally
qualified teaching staff on full time,
sabbatical and adjunct basis”.
Speaking further on the essence of the
COREN visit to the University, Engr.
Dr.Okodugha noted that “Accreditation of
engineering programme is a major mandate
of the Council for the Regulation of
Engineering in Nigeria (COREN), in
accordance with the Act setting it up”. He
disclosed that the Accreditation Scoring
Criteria for Undergraduate Engineering
Programmes (ASCUEP) and the Benchmark
Minimum Academic Standard (BMAS)
constitute the COREN Outcome-Based
Engineering Education.
08