UI Economics Department Seeks Alumni’s N5.1b Support

Professor Adeola Adenikinju, the Head of Department of Economics, has appealed to the past students to assist the Department in its quest of making it more responsive and relevant to the needs of nation building, and assisting to make significant contributions to the world in general. Professor Adeola Adenikinju, who was recently appointed as the Head of the Department, disclosed this through his LinkedIn account after the presentation of books worth over N20 million.

According to him, “August 27, 2021 was a memorable day in the Department of Economics, University of Ibadan. It was the day, members of ECO Class of 1990, led by Professor Francis Fashanu, from Canada, donated 400 titles of books, worth over N20 million, in memory of Baba Stephen Adebisi Fashanu, to the Department.”

“I used the opportunity to invite other alumni of the Department of Economics, University of Ibadan to support the Department in the following areas of needs: Provision of alternative power supply, especially solar power systems, Internet facilities and website design, computer lab for teaching of Econometrics and Data Analytics for undergraduate and postgraduate students, N10million Students Welfare Fund to support indigent students, and students representing the Department in outside competition, N100 million Publication, Research and Outreach fund to support training and research activities and enhance the visibility of the Department, New Borehole for water supply to staff and students toilets, and a N5 billion Endowment Fund to provide a modern academic and administrative building for the Department and to fund short term staff exchange programme.

“This is to enable us to build a 21st Century Department of Economics that is responsive and relevant to the needs of nation building, and that is strong and respected nationally and internationally.”

Professor Adenikinju reported that Professor Adebola Ekanola while receiving the alumni in his office, praised the Class for the donation and for giving back to the Department and the University that produced them. He said that the Class has provided a healthy challenge to other Classes. He called on other Sets to follow the example of ECO Class of 1990.”

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