The Afe Babalola University, Ado-Ekiti has announced the commencement of its independent power project.
The ABUAD said in a statement that the initiative, being undertaken in partnership with Project Consortium, Wema Bank Plc and FCMB Plc, had made it the first university to embark on such a project in the country.
It said the turning of the first sod of the IPP last week was in tandem with the proclamation of the founder of the university, Aare Afe Babalola, earlier in the year that 2018 would be a year of new things.
Speaking at the groundbreaking ceremony for the ABUAD IPP, Babalola described the project as a “monumental and milestone step taken by our university.”
He said, “This will appear to be a confirmation of the words of national and international education stakeholders like the National Universities Commission and the United Nations Educational, Scientific and Cultural Organisation, which have endorsed our university as a leader in quality and functional education.
“To succeed as a university, we are in need of many important things like the steady supply of electricity. This is more so because we are in a country where we have to provide amenities like road, water and electricity for ourselves which combine to make running a university like ours a very expensive venture.”
According to Babalola, ABUAD is one of the few universities in Nigeria where there is 24-hour power supply daily.
“It is not cheap because, in addition to running on 24 giant generators in this university, we pay as much as N19m to the public utility every month,” he added.
He said with the university’s 121-unit industrial research park and the 400-bed ABUAD Multi-system Hospital, which was inaugurated on October 20, last year and commenced operation on March 21, 2018, there was a need for constant and uninterrupted power supply within the ABUAD community.