Adequate human capital development has been described as a catalyst for the realization of the Ogun State Government development drive particularly the achievement of its five cardinal programmes.
The Vice Chancellor, Olabisi Onabanjo University (OOU), Prof. Saburi Adesanya stated this while defending the 2016 budget estimate of the institution before members of the State House of Assembly Committee on Finance and Appropriation led by Hon. Akanbi Bankole in Abeokuta.
This was contained in a statement by the Press Officers of the Ogun State House of Assembly, Abiodun Lawal and Solarin Soji.
The state quoted Adesanya as noting that OOU was saddled with the responsibility of researching, teaching and engaging community service with a view to providing ample manpower in agricultural development, health sciences, information technology, industrial development as well as physical and environmental development.
He added that provision of conducive environment for training was also essential in the training and production of intellectually competitive students for the development of the society.
To achieve the above, the institution proposed a sum of N5.400b as total budget for the year, out of which recurrent expenditure was put at N4.500b, while N900m was earmarked for capital projects.
He added that the total revenue target of the institution was put at N4.408b, while N4.224b was being expected from the State government to finance the deficit of the budget.