HomeNewswe have spent N78bn to develop ABUAD – afe babalola

we have spent N78bn to develop ABUAD – afe babalola


The proprietor of the Afe Babalola University, Ado Ekiti,
Chief Afe Babalola, says he has spent over N78bn to develop
the institution.
Babalola stated this at a reception organised by the
university in honour of one of its alumni, Mr. Popoola
Olamide, in Ado-Ekiti on Sunday.
Olamide led a team of graduates and undergraduates
selected from three private universities in Nigeria to win the
“Unilever Future Leaders league” in the United Kingdom.
The universities are ABUAD, Babcock University, Ilisan-
Remo, Ogun State, and the Samuel Ajayi Crowther, Oyo.
According to the News Agency of Nigeria, Babalola said the
Audit and Accounting units of the university released the
figure to him recently.
The figure, Babalola said, represented what he had spent in
the building of structures and provision of modern
equipment in the six-year-old institution.
Babalola, a former Pro-Chancellor, University of Lagos, said
he had no regret in the investment, provided he achieved
his target of building human capacity through quality
According to him, ABUAD is the only institution in the
country that currently has a Talent Discovery Directorate.
“This is where students are made to discover their gifted
areas early enough and get mentored through the provision
of the right type of equipment, until they are nurtured to
“The institution has also instituted a ‘Hall of Fame’ for
geniuses and other gifted students who are either honoured
or rewarded with cash or gift items at the end of every
academic exploit,’’ he said.
He said he was proud of the latest award-winning student of
the university and those before him as their achievements
proved that he invested rightly.
Responding, Olamide said that he, along with members of
his team, first won the Unilever national contest in Lagos in
October 2015.
He said that they later went ahead to win the continental
edition in South Africa before winning the global edition
staged in London.
Olamide, a fresh graduate of Petroleum Engineering, said
that students from 30 countries across the world
participated in the grand finale of the contest in London.

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