A two- day retreat for the Governing Council of Ibrahim Badamasi Babangida University, Lapai has opened in Abuja with the theme, ” Modern University Management and The Implication of 2022 Monetary Thresholds Circular On Public Procurement and Finance Act 2021: Issues, Analysis and Way- forward”.

Declaring the programme opened, the Pro-Chancellor and Chairman of Council, Major General Idris Garba (Rtd) expressed delight for the retreat which has come at a time when financial management is becoming a serious challenge world wide.

General Garba, represented by the Permanent Secretary, Ministry of Tertiary Education, Science and Technology, Dr. Musa Abubakar Sadeeq expressed the hope that proceedings from the retreat would produce a communique that would assist in formulating policies towards accelerating the development programme of the University, if fully implemented.

He also stressed that at the end of the retreat, its recommendations would help the Ministry of Tertiary Education in developing critical policies for the growth of not only IBB University, but other tertiary institutions in the state as well.

Speaking in a welcome address, the Vice Chancellor, Professor Abu Kasim Adamu said the retreat would, in addition to the main theme, discuss the University Five Year Strategic Plan from 2020 to 2024.

He reminded participants of a Management retreat held in Keffi in 2020 where the frame work of the Strategic Plan was extensively discussed.

The Vice Chancellor maintained that since the inception of his administration, most of the cardinal areas of the Strategic Plan are being implemented.

Professor Adamu stressed that the University would continue to appreciate the Executive Governor of Niger State, Alhaji Abubakar Sani Bello, who is the Visitor to the University for being instrumental to the successes so far achieved by the institution.

He also used the opportunity to thank the donor agencies and other key stakeholders for their contributions, not forgetting the Tertiary Education Trust Fund (TETfund), Nigerian National Petroleum Corporation (NNPC), Central Bank of Nigeria (CBN), Raw Material Research and Development Council (RMRDC), Federal Inland Revenue Service (FIRS), and others.

In his remarks, the Resident Consultant, MBS Animato Investments Limited, Mr. Taiwo Akindolu,
disclosed that the training package centred around five major points, which include; Concept and Understanding of Modern Day University Management, Financial Act 2021 and the Implication of monetary Threshold Circular 2022 on Public Procurement and Project Management; Practical Class: Goals, Shared Responsibilities, Service Level Agreement, Template and it’s Implications.

Others, he mentioned are; Challenges faced by Universities’ Governing Councils and Management team in the development of University standard, and Simplifies how the process of service label agreement will assist in putting up a strategic plan within all the phases of University Management system.

The Resident Consultant observed that the introduction of Modern Education Management system has tremendously improved the standard of education, adding, MBS Consult looked critically into the general parameters in ranking universities world wide.

Mr. Akindolu there after paid a glowing tribute to the late Chairman and Chief Consultant of the company, Alhaji Mohammed Maude Lapai for putting the company on a sound footing.