Malam Muhammad Musa Bello, the minister of the Federal Capital Territory (FCT), has urged the Vice-Chancellor of the Ahmadu Bello University (ABU), Zaria, Prof. Kabir Bala to pursue the option of individual and corporate endowments as a means of enhancing funding for the institution. The minister gave the advice when a delegation from the university led by the vice-chancellor paid a courtesy visit on the FCTA over the weekend.
Bello said that the issue of alumni support through endowment raised by the vice chancellor was an option that had not been fully implemented and encouraged the vice chancellor to fully exploit its possibilities and potentials. “The issue of university funding came up at a forum and alumni support was very prominent.
This included endowments by people who are well to do and endowments by companies. “I think it’s not something that has been well implemented and I’m sure that during your tenure, if you continue the way you are doing, you will encourage more people through the way of endowment for educational institutions to give back, as part of giving back to the society,” he said.
According to the minister, the FCT Administration will also explore the option of working closely with the consultancy arm of the university.