The Vice Chancellor of the University of Ilorin, Prof. Wahab Egbewole, says the institution expends about N1.3bn annually on electricity, in spite of its financial challenges.

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

According to him, the university incurred a monthly expenditure of between N120m and N130m on electricity alone, totaling an annual spending of N1.2bn to N1.3bn.

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

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

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, while urging the student union leaders to create an extensive network amongst their peers.

He said that 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 both students and management.

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