…Inaugurates Governing Council for UNIOSUN
The Governor of Osun, Ogbeni Rauf Aregbesola on Monday announced and inaugurated members of the Board of Governing Council of the state-owned University of Osun (UNIOSUN).
The Governor, while inaugurating the Council at the Executive Chambers of the Governor’s Office in Osogbo, announced Mallam Yussuf Olaolu Alli (SAN) as the new Pro-Chancellor of the university.
The newly inaugurated Governing Council also has Mallam Yusuf Alli (SAN) as the Chairman of Council, other members are: Professor Solomon Akinboye, Dr. Mrs. Abeke Omotosho, Professor Kasali Adegoke, Sir Benjamin Aladekomo, Engr Tunde Ponle and Professor Charles Abiodun Alao.
Aregbesola stated that no university can be greater than its council and that a university will either rise to the level of its council or shrink to its size, hence the careful selection of members of the UNIOSUN Governing Council.
He noted that in the face of the country’s dwindling economy, there should be new approaches to raising funds for the universities.
The Governor charged the newly inaugurated Council to come up with ideas on raising funds for the university without passing the burden on the students, stating that such funding could come from endowment chairs, direct funding of programmes and philanthropists to funding projects.
He held that the time has come for Universities to break from the past, noting that the situation at hand calls for innovation where things cannot be done in the old ways.
According to Aregbesola, “Our country in the past has been awash with oil money, the universities have developed the lazy practice of living on proprietor’s subvention while the mean ones put a heavy burden of tuition on the students.
“However, increasing tuition has only increased the social gap in the society, keeping the children of the poor out of the universities, with dire consequences. Even then, the geography of the victims is increasing to engulf the children of the middle class who are in no position to raise the exorbitant amounts being demanded by our universities these days.
“There should be new thinking and new approaches to raising funds for the universities. Harvard University in the United States has the largest endowment of $34.6 billion, according to the 2014 figures. This was followed by Yale University with $25.6 billion. Number 10 on the list is University of Michigan with $10 billion.
“In contrast, no university in Nigeria has $1billion endowment. How do we expect our graduates to compete with their graduates? This is food for thought”. The Governor emphasised.
In his remarks, the Pro-Chancellor and Chairman of the Governing Council, Yusuff Alli (SAN), said the enormity of work ahead of the council would not be underestimated giving the situation of the university in the last four years.
Alli said it is obvious today that government alone cannot fund education and so individuals and other stakeholders must rally to help take education to an enviable height.
The senior advocate said the assignment given to the Council requires sacrifice but said the antecedents and track records of members of the council put them in good stead for the uphill task.
He however promised, as chairman of the council, to render selfless services without drawing any entitlement that may go with the office.
“The enormity of the challenges ahead of us cannot be underestimated, especially in the light of recent trajectory of the university in the last four years or so.
“It is axiomatic to underscore the point even at the risk of stating the obvious, that government alone cannot fund education to the enviable height we want it to be and to that extent all hands must be on deck.
“This assignment calls for sacrifices and I assure you all, that given my knowledge of the members of this council, we are up to the task.
“Let me assure Mr. Governor and his team that we shall do our best to meet the expectations of His Excellency and that of the government and good people of Osun State,” Alli said.