Former Bursar at the University of Lagos (UNILAG), Dr. Gilbert Deinde Ifarajimi has tasked members of staff in the Bursary department of the university to embrace technology to enhance efficiency, transparency in their financial operations.
Ifarajimi’s said this while delivering his Public Lecture at the maiden edition of bursary day with the theme: The bursary in a future ready university.
While stressing the importance of strategic financial planning and resource allocation to support the university’s goals and objectives, he began his lecture by providing an overview of the historical context of bursaries and their traditional role in supporting students’ educational pursuits.
He emphasised the significance of collaboration among universities, government agencies, and private organisations in creating sustainable bursary programmes.
He mentioned the importance of leveraging technology to streamline administrative processes, enhance transparency, and improve access to financial aid resources.
According to him, universities must adopt data-driven approaches to identify students’ financial needs accurately and allocate resources effectively.
His words, “The Bursary Department in a Future Ready University plays the vital role of coordination of financial activities. It represents a center point where all activities revolve. It is, therefore, proper to submit that the core mandate of the bursary department is to be in charge of all financial activities of the University. You will agree with me that there is hardly any activity in the University that has no financial implication”.
The Vice-Chancellor, Professor Folasade T. Ogunsola acknowledged the diligence of the Bursary department in its operations especially in generating, managing and allocating financial resources which has kept the institution off the list of anti-graft agencies.
Similarly, the UNILAG Bursar, Mrs. Oluwafunlola Yetunde Adekunle expressed delight at the support she has enjoyed since her assumption of office.