President Muhammadu Buhari has called on all Nigerian University Administrators to be frugal and avoid waste of resources.
The President made the call during the 2nd Convocation ceremony of the Federal University of Petroleum Resources (FUPRE), Effurun in Uvwie Local Government Council of Delta state.
“I admonish university administrators across the country to imbibe our policy of frugality in order to avoid wastages.
“I, therefore, sound this warning that we will not condone corruption in whatever guise. The very scarce resources that are made available must be judiciously utilized to give value to the system.
“Nigeria has continued to be a net importer of refined petroleum products in addition to its poor level of electricity generation. I task the university and other agencies to rise and surmount these daunting challenges through the establishment of modular refineries and sustainable power generation to take this country to the next level,” the President stated.
Buhari, who was represented by the Minister of State for Education, Prof. Anthony Onwuka, also said the take-off grant for the university would be released but urged prudent use of the funds by the management of the institution.
He challenged the university to be a catalyst for greater innovation and pace-setter for technological revolution in the Nigerian oil and gas industry.
The Vice Chancellor of the University, Prof. Akii Ibhadode, urged the oil and gas firms and the Federal Government to challenge the universities with relevant tasks in oil and gas operation, saying that the institution has experienced hands to solve any problem in oil and gas operation.