News

  9 Dec 2020

ABSU COMMENDED FOR THE JUDICIOIUS USE OF TETFUND GRANTS

The Abia State University management has received commendation for their judicious use of TETFund grants for research and Infrastructural development of the University.
 The commendation came from the team of the House of Representative Adhoc Committee on Public Accounts, led by Hon.(Comrade) Chinedu Ogah, OON, member representing Ezza South/Ikwo Federal Constituency, who came to carry out their oversight functions on the spending of the Accounts of the Federation with particular reference to how TETFUND allocations to the University was used for various specific projects, as allocated. Honorable Ogah commended the Vice-Chancellor, for exhibiting excellent leadership qualities; especially the detailed presentation of the various TETFund projects, across all the locations of the University and the cooperation and high regards given to the Committee by the University Management, promising to help attract more projects to the Institution including a solar power energy project, when they apply for such. 
In their separate contributions, other members of the team, including the member, representing Umuahia North, South, and Ikwuano Federal constituency, Hon Sam Onuigbo, Hon (Engr) Atigwe Simon and Barrister Chinyere Igwe, PhD, expressed satisfaction on what they found on ground during inspection and urged the University to always avail themselves of the opportunities provided by TETFund to attract more projects to the University. 
Responding, the Vice-Chancellor, Distinguished Professor O. M. Ogbulu thanked the team for their visit, explaining that ABSU is noted for the foundation of integrity, discipline, commitment and Excellence laid by the founding fathers and past administrations of the University and assured that his administration will continue to build on the positive legacies of integrity transparency, and prudent management of resources of his predecessor especially in the management of TETfund. 
While commending the unprecedented support of TETfund to the University, especially during the last administration of Distinguished Professor E. Uche Ikonne, he informed the team that TETfund has a standard and guideline in disbursing funds in phases based on the satisfactory proof of judicious use of a each tranche of the fund, before the next disbursement. He promised the team every cooperation and support, as they inspect the TETfund projects in the University.
In a vote of thanks, the Bursar Elder Chuks Nwaogwugwu thanked the team for their visit as well as TETfund for their support, pointing out that all administrations of the University take TETfund projects very seriously.
He prayed God for journey mercies on their behalf as they go back to their duty post, with a firm assurance that the present administration will not disappoint them.
The full complement of the University Management, and the Director, Physical planning was present at the meeting.