Fasina Unveils FUOYE Business School in Ado-Ekiti
The Vice-Chancellor of Federal University Oye Ekiti, Prof. Abayomi Fasina, has announced the establishment of FUOYE Business School sited in the state business hub and capital, Ado-Ekiti, in line with his development agenda for the fast-growing university.
While announcing the school’s debut, Fasina described it as one of the university’s numerous business and consultancy arms established by his administration to offer services and human capacity development to the university’s catchment area and the country. The vice-chancellor said Ado Ekiti was chosen as the location to ensure centrality so that it could easily be accessed by corporate groups and business individuals from neighbouring Ondo and Osun and to attract development to Ado-Ekiti.
Fasina, who vowed to take the university to all nooks and crannies of the state and also give equal opportunities to qualified prospective students from all parts of the country, disclosed that as part of plans to achieve this goal, his administration would soon open a new School of Part-time Studies in Omuo Ekiti and Ushi Ekiti, after the success story of the school at Aiyegbaju Ekiti where it debuted few years ago.
He said his administration, which turned three this February, was challenged to design a standard and extra-admission model like the part-time school approved by regulatory authorities to meet the admission requests of thousands of students yearning to study in FUOYE.
He disclosed that the university was the most subscribed to in the country by applicants for admission last year, per JAMB’s record.
The FUOYE boss has also unveiled the institution’s microfinance bank initiated by his administration to grow the university’s finances and encourage savings by staff and students.
While announcing the take-off of the microfinance bank, Fasina said, “This is indeed another milestone in our desire to fast-track development of this great institution which is no longer first among equal as it is now competing favourably with sister institutions that are much older than her in all indices of growth and development.”
He said that besides being a financial institution, the micro-finance bank would provide training opportunities for students studying in the finance, accounting, and management departments.