UNILORIN pays utility bills from IGR
Date: 2013-10-24
The Vice-Chancellor of the University of Ilorin, Prof. AbdulGaniyu Ambali, has said public utilities, such as water and electricity are funded with internally generated revenue(IGR).
He said at a briefing that the monthly bill amassed for consuming electricity and water comes to about N13.5 million - far above the N1.8 million allocated by the Federal Government for utilities monthly. The Vice-Chancellor said the university pays about N12 million monthly to Power Holding Company of Nigeria (PHCN) for electricity and N1.5 million to the Kwara State Water Corporation for its monthly water.
Ambali stressed that without IGR, there was no way the university could sustain its huge utilities bills.
The Vice-Chancellor also disclosed that UNILORIN has entered into an agreement with PHCN to provide the university with a dedicated line from Osogbo to ease electricity problem on campus.
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