Home Scholar Prudent management: TETFUND boss hails Ladipo

Prudent management: TETFUND boss hails Ladipo


Executive Secretary, Tertiary Education Trust fund, TETFUND, Dr. Abdullahi Bichi Baffa,  has commended the Rector, Yaba College of Technology, Dr. Margaret Kudirat Ladipo, for  what he observed as  her very prudent and purposeful management of meager resources into the execution of mega projects in the college.

Baffa made the commendation while commissioning the College’s Central Research Laboratory, the Technology Building Science Building which make up the three key projects recently built by Tetfund for the college.

The TETFUND Executive Secretary explained that one of the key mandates of the agency is supporting institution’s essential infrastructure for teaching and learning, adding that the agecy would not rest until all our tertiary institutions had been equipped with the required quality and quantity capacity of the essential infrastructure.

He noted that a minimum of 60% of the structures in most public-owned tertiary institutions in Nigeria are bankrolled by TETFUND.

Dr Baffa commended YABATECH and promised that TETFUND would continue to support the College with facilities and equipment needed to make the central laboratory, a world class. “Providing this equipment will help Yabatech train students to have practical skill to be able to compete and function globally in their profession. We are happy that they have used the fund judiciously”; Baffa  said..

He added that TETFUND would always be there to support beneficiary institutions in order to deliver on quality physical infrastructure for conducive and effective teaching and learning.

“We have a number of intervention lines; physical projects are only one intervention line out of about twelve intervention lines with which we support institutions.

“There are those content-based intervention lines, of which the scholars are the direct beneficiary, but some institutions are not doing well in such intervention lines. Assessing institution-based research grants, Assessing academic research journal intervention,

“Assessing equipment-fabrication-intervention, assessing academic manuscript-intervention are interventions that are going directly to scholars, while YABATECH has been doing well in assessing the institution based research, academic manuscript, and equipment fabrication, we believe that more needs to be done”; he enjoined.

Concluding, the commissioning assignment, Baffa wondered: “Madam, how do manage to get these gigantic projects executed so effectively and beautifully with so little fund at your disposal?”

In her remarks, the host Rector, Dr Margaret Kudirat Ladipo, stated that the administration always placed very high premium on human capital development, noting that during the last year intervention, the polytechnic was allocated N200million to support training of scholars to do masters and PhD. from all over the world as against the N70million that was allocated in 2015.

“We want our scholars to go to the best universities in the world to get the best of training and so as to provide the best of training to our students”; she said.

Champion Scholar recalls that a sitting Minister in 2013 had observed with pleasant surprise that the Rector,Ladipo had distinguished herself as a very prudent financial manager who had executed so many big projects with very fragile funds made available to her administration.

Subsequently, he caused the federal government to write a letter of commendation to Ladipo in spite of a barrage of accusations of embezzlement and financial impropriety levied against her by a former bursar of the institution while the rector has now been cleared of all the accusations by a White Paper.

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