The Vice President, Prof. Yemi Osinbajo is expected to perform the installation of elder statesman and former Chief of Army Staff, General Theophilus Yakubu Danjuma as the 2nd Chancellor of Redeemer’s University, Ede at its 8th convocation ceremony on Thursday.
The Vice Chancellor, Prof. Z Debo Adeyewa, who disclosed this to newsmen yesterday, at a press briefing to herald the 8th convocation ceremony of the university, used the event to advice the federal government to take pro-active measures to salvage the nation’s economy.
Adeyewa encouraged the federal government to engage seasoned economic advisers to salvage the economy adding that the solution to Nigeria’s economic downturn is not in International Monetary Fund, World Bank or any international organisations but for every individual to contribute his quota by among others embracing home made goods.
Running through the breakdown of grades of the 619 graduands, the Vice Chancellor said 25 of them bagged First Class honours representing 4 per cent of the graduating students while 207 made Second Class Upper Division representing 33.4 per cent.
According to him, 290 graduating students came out with Second Class Lower Division (46.8 per cent), 97 students that represents (15.7 per cent) made Third Class while 84 students that represents 13.6 per cent made Pass degrees.
Besides, the institution will also graduate two PhD students, 23, Masters Degrees, while seven will bag Post Graduate Diploma.
Professor Adeyewa noted that the graduating students took their oath of matriculation on Nov.1, 2012 adding that the institution have never experienced a day closure as a result of any form of crisis since inception.
The Vice Chancellor who lamented low economic involvement in private university education in Nigeria urged the Federal Government to support Private Universities.
“With the contribution of private universities to the growth and wellbeing of our dear country, I call on government to support private universities.
“There is a need to provide incentives, single digit interest loans and access to funds that would aid the acceleration of research and development.”