The Vice Chancellor of the University of Ilorin (UNILORIN) Prof Wahab Egbewole has stated that the institution has received N954.7 million from the Tertiary Education Trust Fund (TETFund).
He said the fund is for 2023 and it is to cover eleven specific areas.
Egbewole said this in Ilorin, Kwara state capital at the combined 37th and 38th convocation ceremonies of the University.
“Equally, the university received a TETFund award of ₦500 million for hostel accommodation for our students and ₦200million for zonal interventions,” he added.
He said that the University was using the funds to execute different projects.
He hinted the institution was doing well in the area of research, saying “the university produced four patents in 2021/2022 academic session and currently has a total of 36 patents with the Federal Government of Nigeria through the National office of Technology Acquisition and Promotion (NATOP), Abuja.
“With this, University of Ilorin is one of the highest contributing institutions to patency in Nigeria.
“The number of our patents in the various disciplines are: medical (five) agriculture (five), engineering (16), Food (one) Information Technology 4, petrochemical (three), defence (one) energy (one).
“The various patents are currently being positioned for commercialisation.”
Egbewole charged the graduating students of the institution to navigate the challenges and opportunities that lie ahead with the ability to adapt, learn, relearn, and unlearn.
“Today’s convocation is a reflection of the values and principles that underpin the University of Ilorin. We are committed to fostering a culture of excellence, critical thinking, and lifelong learning.
“Our graduates leave these hallowed halls not only with degrees but with a strong foundation for making meaningful contributions to our society and the world at large.
“As we celebrate the achievements of our graduates, let us also remember that education is a lifelong journey. The knowledge and skills you have acquired here are tools that will empower you to navigate the challenges and opportunities that lie ahead.
“The world is ever-evolving, and your ability to adapt, learn, and grow will be paramount. Your generation is driven by technology and it is the tool to rule that future that just dawned on you today.”
