The Vice-Chancellor of Ekiti State University, Professor Edward Olanipekun, has expressed concern over the university’s financial constraints, stating that the N275 million monthly subvention provided by the state government is inadequate to meet the institution’s growing operational needs.
During an interactive session with journalists in Ado-Ekiti, the VC emphasized that while the subvention was crucial for the university’s survival, it was insufficient to cover the rising costs of staff salaries, maintenance, infrastructure development, and academic resources. Professor Olanipekun highlighted that the university’s population had significantly increased over the years, and this had put immense pressure on the institution’s financial resources.
He appealed to the Ekiti State government to consider increasing the monthly subvention to enable the university to continue delivering quality education and maintain its status as a leading institution of higher learning in the region. The VC also mentioned that the university had been exploring alternative revenue sources, such as increased partnerships with private sector organizations, but that government support remained critical.
Despite the challenges, Olanipekun reaffirmed the university’s commitment to excellence in education, urging the state to prioritize the institution’s funding to avoid compromising the quality of education for students.
The university, one of the oldest and most prominent in Ekiti, is currently facing challenges related to infrastructure decay and outdated teaching materials, issues that could potentially affect the overall learning experience.
source: thenationonlineng.net
