Thursday, November 5, 2026

UNILORIN spends N1.3 billion on electricity annually: VC

The VC said the university incurred a monthly expenditure of N120 million to N130 million on electricity alone, totalling an annual spending of N1.2 to N1.3 billion.

• January 8, 2024
Unilorin gate
UNILORIN

The vice chancellor of the University of Ilorin (UNILORIN) says the institution expends about N1.3 billion annually on electricity despite its financial challenges.

The vice chancellor disclosed this during an interactive session between the management and Students’ Union executive committee members in his office on Monday.

According to him, the university incurred a monthly expenditure of N120 million to N130 million on electricity alone, totalling an annual spending of N1.2 to N1.3 billion.

Mr Egbewole noted that the financial challenge persisted even as the institution strived to provide other crucial services like water, internet, laboratory and classroom equipment, health facilities and other critical areas.

The vice chancellor expressed his conviction in the capacity of the leadership of the student union to convey the management’s vision to the student community proficiently.

He underscored the significance of comprehending the university’s vision to facilitate effective communication and collaboration.

The vice chancellor also expressed his belief in responsible student unionism, urging the union leaders to create an extensive network amongst their peers.

He said his administration was committed to creating a more enduring environment for their successes.

The vice chancellor also stressed the sanctity of the academic calendar, emphasising its importance for students and management.

“For us, our calendar is sacrosanct, and the more we adhere to it, the better for students and management,” he said. 

(NAN)

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