By Mercy Folounsho 

Federal Government interventions such as the Tertiary Education Trust Fund, TETFund and the Nigerian Education Loan Fund, NELFUND have been described as lifelines for the nation’s education sector.

The Vice Chancellor of the University of Ilorin, Professor Wahab Egbewole, stated this at a news conference to mark the university’s 40th Convocation Ceremonies.

Professor Egbewole noted that NELFUND, in particular, has ensured that no student will drop out of school as a result of financial challenges.

He explained that, in the year under review, the institution received an intervention fund of over Two billion Naira through TETFund, covering physical infrastructure upgrades, academic staff training, ICT support, entrepreneurship, and career services, among others.

The Vice Chancellor listed the university’s areas of achievement to include research, academic quality, infrastructure development, digital transformation, student support, and community development.

Professor Egbewole announced that for the 2024/2025 academic session, a total of Eleven thousand, eight hundred and eighty six students will be graduating, with Three hundred and sixteen of them earning First Class degrees in their various disciplines.

He, however, identified challenges facing the university to include resource constraints and bureaucratic bottlenecks, while calling for the support of stakeholders.

On the lingering disagreement between the Federal Government and the Academic Staff Union of Universities, ASUU the Vice Chancellor emphasized the need for continuous dialogue to achieve a resolution that would benefit all parties, especially students who are most affected.