The Federal University of Technology Owerri (FUTO), according to the SUN News, has been given a grant of six million dollars to execute a World Bank project under the aegis of Africa Centre for Excellence, funded by the World Bank.
Professor Francis Ezeh, Vice Chancellor of the university, made this known during an award ceremony by the National Association of the Nigerian Students (NANS) Zone B.
Ezeh was awarded as the best-performing Vice Chancellor of the zone for the year 2018/2019. NANS coordinator, Godson Okereke, said the award was conferred on the VC for his infrastructural development and academic excellence in the school.
According to the Vice Chancellor, FUTO was rewarded with the said amount after ranking 10th among the 132 universities that contested in the World Bank-organized research competition adding that the money was renewable within a period of four years.
The VC promised to make good use of the money by organizing a series of training programs for the university’s lecturers and students.