….seeks N2billion loan from CBN
As part of measures to key into the federal government back to land programme to boost food production, the University of Ilorin, Kwara has released 5,000 hectares from its 15, 000 hectares land mass for interested staff and students to go into commercial farming.
Vice Chancellor of the university, Prof. Sulyman Abdulkareem, made this known in Ilorin on Tuesday during the official presentation of items purchased by the 1988 University set of the Faculty of Agriculture.
The Vice Chancellor said the action was in a bid to key into the Federal Government’s efforts to make Nigeria a food basket of Sub-Saharan Africa.
[penci_blockquote style=”style-2″ align=”none” author=””]According to Abdulkarem, who was represented by Prof. Mikhail Buhari, the Deputy Vice-Chancellor, Research, Technology and Innovation, the university had begun the process of accessing loan facilities of about N2 billion from the Central Bank of Nigeria (CBN) to drive the farming scheme.[/penci_blockquote]
According to Abdulkarem, who was represented by Prof. Mikhail Buhari, the Deputy Vice-Chancellor, Research, Technology and Innovation, the university had begun the process of accessing loan facilities of about N2 billion from the Central Bank of Nigeria (CBN) to drive the farming scheme.
He pointed out that the institution was currently using only five per cent of the total 15,000 hectares of its land mass.
The vice-chancellor who affirmed that the initiative would not only put the land up for productive use but also boost the country’s economy, assured that the university would also explore the Ranching Programme of the federal government, as a way of addressing the herdsmen/farmers’ clashes.
While commending members of the 1988 set, for procuring items worth one million naira for their Faculty, Abdulkarem described the 1988 set as `good ambassadors’ of the university.
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He urged members of the set of the faculty to integrate themselves into the main alumni body of the university to collectively move it forward.
The Vice-Chancellor, disclosed that the institution had begun the process of compiling the names of its alumni, home and abroad for possible connection and synergy between it and their respective places of work.
President of the set, Dr. Olajumoke Ojo, who presented the items to the Dean of the Faculty, Prof. Gbadebo Olaoye, said the contribution was their quota toward the development of their Alma Mater.
The items presented included a generator set, three sets of public address system, incubator, deep freezer, table, executive chairs and Water Acid Tester.