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OAU Spends N80m On Electricity & N2m On Diesel Every Month - Education - Nairaland

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OAU Spends N80m On Electricity & N2m On Diesel Every Month by lalasticlala(m): 10:42pm On Jun 09
Vice Chancellor, Obafemi Awolowo University, Ile-Ife Osun state has disclosed that the school spends over N80 million monthly on electricity bill and another N2 million on diesel to power its generators.

This is as he claimed that the huge sum could be diverted to more challenging ventures when the ongoing power project in the university is completed to facilitate regular power supply and reduce economic burden on the institution.

Professor Ogunbodede disclosed this while addressing a Press Conference to herald the school’s 60th Anniversary Celebration on Tuesday at the University campus.

The University was established on June 08, 1961 and began classes in October 1962 as University of Ife before it was renamed to Obafemi Awolowo University on May 12, 1987 in honour of the first Premier of the then Western Region, Chief Obafemi Awolowo.

He added that apart from the electrification projects, other ongoing development work include the airstrip project, construction of Phase 3 hostel for students, staff housing scheme, Aeronautical Engineering department, International Student Exchange centre, Student Affairs Building, th “Jubilee House”,- a-ten storey Centra Bank of Nigeria Building among others.

“The Rural Electrification Agency (REA) 8.03MW power project for the supply of electricity to the University is on-going and almost completed. This will enable OAU generate its own electricity. The University processed and obtained from the Transmission Corporation of Nigeria the Marketing License as an Electricity distributor, the first Nigerian University to enjoy the privilege. The aim is to reduce the economic burden of high tariff and ensure regular electricity supply to enhance its various academic activities. The University presently pays 80 million Naira per month for electricity and additionally, over two million Naira per month on Diesel to power generators”, he said.

The Vice Chancellor said the institution is committed to promoting academic excellence across fields of learning, adding that though the university has lots breakthrough in the area of research and will not relent in ensuring turning out quality research results for the benefit of society.

Also, the school’s Governing Council Chairman, Owelle Oscar Udoji, while commending the founding fathers of the University for their foresight, he said the challenges facing public university system in the country demand collaborative effort of all stakeholders.

“There is no doubt that the public university system in our dear country is at a major crossroads. I know that we would all want a better public university system; the type that is well-positioned to train world–class manpower for the country with cutting-edge of teaching and learning. We would want a public university system that is at the forefront of responding to-and tackling the myriad challenges of national development.

“To achieve this is as much a responsibility of government as it is that of every citizen. I dare say, permit me, that the challenge of revamping the University system in Nigeria to make it responsive to the changing imperatives of the 21st Century is too important to be left to government but certainly also too dangerous to be left in private hands unregulated.

My belief is that all stakeholders, government and citizens alike, would rise up to the task of pulling our universities back from the brinks”, he said.

The activities marking the golden jubilee kicked off on Sunday, June 6, with Christian interdenominational service at the All Soul’s Chapel, OAU, the unveiling of the anniversary logo on Tuesday, June 8, a novelty march billed to take place on Wednesday, June 9, Jumat service at the OAU central mosque and various college/faculty activities which will be climaxed with the 45th convocation of the university in December 2021.

https://www.vanguardngr.com/2021/06/oau-expends-n960-million-on-electricity-bill-n24-million-on-diesel-annually-vc/

4 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by MajorOvakporaye(f): 10:43pm On Jun 09
Nor be only 80 million, na 10 billion
Goats!

92 Likes 6 Shares

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Sigirat345: 10:43pm On Jun 09
80 million to do what ahbeg

23 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Depot(m): 10:43pm On Jun 09
It’s still small, electricity is not cheap anywhere in the world .

83 Likes 3 Shares

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by jsp5445: 10:43pm On Jun 09
Okay serious
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Giovanni2332(m): 10:43pm On Jun 09
Lies
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by dahgifted(m): 10:44pm On Jun 09
Outrageous! And Nigeria supply 27-7 Electricity to other countries, How can you give out what you don't have in excess?

11 Likes 3 Shares

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by wti4090: 10:44pm On Jun 09
Alright
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Kingluqman(m): 10:44pm On Jun 09
Great Ife!!!


Truly, light na 24/7 for inside campus.
The campus night life is top notch but spending that much na lori iro

34 Likes 1 Share

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by MajorOvakporaye(f): 10:44pm On Jun 09
10

2 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Macarony435: 10:44pm On Jun 09
This is a lie
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Omihanifa: 10:44pm On Jun 09
Nah wa o so OAU pays NEPA almost 1billion naira every year undecided and another 24 million to buy diesel angry

24 Likes 1 Share

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by SportsHD: 10:44pm On Jun 09
Everybody just dey cash out.
But, it might be true though. The university is large.

16 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by FalseProphet1(m): 10:44pm On Jun 09
This is the reason why so many businesses finds it difficult to thrive. 80m for darkness, then 2m, for disel monthly. Let's say that it's a factory z how much profit would such company make, you've not talked about multiple taxing from the government, salaries, coat of production... etc. Friends brace up, the disintegration of this contraption call Nigeria is upon us.

This I have seen.

42 Likes 1 Share

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by observanc1: 10:44pm On Jun 09
Reading
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Plomo: 10:44pm On Jun 09
Lol

2 million on diesel for one month? The whole OAU?

Dem don spoil that 80m embezzlement wen dem be wan do.
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by ictjobber: 10:45pm On Jun 09
Okay
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by RioCarputo(m): 10:45pm On Jun 09
UI spends about 180million naira on electricity yearly....

3 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by futurerex: 10:45pm On Jun 09
...SMH



Big. Fat. Lie.

8 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by fergie001: 10:45pm On Jun 09
Sigirat345:
80 million to do what ahbeg
I would have disbelieved if I weren't aware that as at 2018...UI was paying close to N20m monthly for PHCN bills.

RioCarputo:
UI spends about 180million naira on electricity yearly....
I didn't even see yours before putting it down here.

Olayinka was mad and was even urging the Engineering Faculty @ the time to work on generating from the dam.

He didn't stop there, tried getting a deal with a German Company for RE (Solar); lori iro.

1 Like

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by tnewsr: 10:45pm On Jun 09
That's too much Sir
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Nackzy: 10:46pm On Jun 09
Yeye country
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by wpadmin: 10:46pm On Jun 09
YABATECH spends about 8-12 million monthly. Judging by how small YABATECH is, OAU spends less on electricity.

Or OAU rarely has light

9 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Orlaoluwayimika(m): 10:46pm On Jun 09
Sigirat345:
80 million to do what ahbeg

To pay for electricity

I know as at 2014/I 5 we were paying close to 6mill per month as electricity bill.

Oau is a very big place and power supply on campus is very stable.

If anyone would want to steal, it shld be from buying of fuel wch seems to be very low compared to what is paid to PHCN that is to tell how constant power is in campus

12 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Rugaria: 10:46pm On Jun 09
2 million on deisel? When Buhari spends billions just for cutleries in Aso Rock.?
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by kennykruzmason: 10:47pm On Jun 09
Just like that
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by brosom(m): 10:47pm On Jun 09
Ok oo
Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by Okwyjesus(m): 10:47pm On Jun 09
lalasticlala:


https://www.vanguardngr.com/2021/06/oau-expends-n960-million-on-electricity-bill-n24-million-on-diesel-annually-vc/

Am sorry for those saying it's a lie. If you've run big firm you won't be saying that.

You think say campus na your street for Akure.

31 Likes

Re: OAU Spends N80m On Electricity & N2m On Diesel Every Month by taiwotimitt(m): 10:47pm On Jun 09
OAU electricity no be here oooo grin. I can remember, my first 3 months on campus, light no blink, the day dem carry that light for 20mins, na aluta oooo.
If you see wetin student dey use, omoh, powerful hot plates, boiling ring, etc..... That money fit plenty ooo don't forget that where man dey work, na where e go chop..... Management must cash out too na grin

23 Likes 3 Shares

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