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CBN Constructs Library At Technical University, Ibadan

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The Central Bank of Nigeria (CBN) has constructed a library and lecture theatre for the Technical University Ibadan on a land provided by the Oyo State Government.

This is contained in a statement signed by  the Special Adviser on Media to Governor Abiola Ajimobi, Mr Festus Adedayo,and made available to newsmen.

Ajimobi thanked the CBN for its donation of the infrastructure and assured the apex bank that the university project would commence immediately.

According to the governor, the university will commence the 2013/2014 academic session in October.

He described the establishment of the university as one of the milestones of his administration.

The CBN Branch Controller, Mr. Bashir Adebayo, who received the land on behalf of the Apex bank, commended the governor for his commitment to the Technical University.

“We have seen the various development projects in the state and it is our pleasure to contribute to what is going on, particularly the Technical University.

“We have seen all the projects being executed by the government, those already completed. Once the project kicks off, we will complete it within 18 months.”

Adebayo said the project was part of the bank’s intervention efforts to build capacity for tertiary institutions in various states, Oyo State inclusive.

He said the bank decided to partner with the government in response to the effort of the governor to encourage Public Private Partnership to enhance the development of the state.

In his remarks, the contractor handling the project, Mr. Sola Giwa of the Harrison George Company, said that a quality job would be done and would be completed on schedule.

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