UNILORIN Geophysics Dept wins $1.5m about N1.1bn grant

 

ILORIN, Kwara – The Department of Geophysics, University of Ilorin has worn the sum of $1.5 million grant from Aspen Tech Inc., a United States based company to enable it expand its oil and gas related training and research.

The USD1.5 million is about N1, 141, 500,000 with the current exchange rate.

 

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The university disclosed this in a memo signed by the Ag. Head of the Department, Dr Saminu Olatunji, dated August 18, 2023 and addressed to the Vice Chancellor, Prof. Wahab Olasupo Egbewole, SAN, a copy of which was made available to UNILORIN BULLETIN.

The grant, according to Dr Olatunji, would greatly assist the Department, whose graduates stand a better chance of employment.

The grand  will  also increase its chances during NUC and professional accreditations as well as help to attract funds and grants to the University from other supporting agencies such as TETFund, PTDF, and NNPC/ESSO, among others.

He added that the grant, which was facilitated by himself and Dr Gabriel Omolaiye, a senior research fellow at the Department, would also encourage the listing of the University and its publications on the AspenTech portal, which is accessible to all the oil companies across the world. Dr Olatunji also noted that the grant would also attract the attention of personnel from oil and gas companies to come to the institution for various postgraduate programmes.