Tuesday, September 10, 2013

FUTO To Manufacture Made-In-Nigeria Car By 2015

By Chris Njoku
National Mirror, Wednesday, September 11, 2013

Vice-Chancellor of the Federal University of Technology Owerri (FUTO), Prof. Cyril Asiabaka, yesterday said that the university would manufacture the first Nigerian made car in 2015.

Asiabaka said the car would be produced in partnership with the University of Munich, Germany, adding that it would be manufactured in commercial quantity in 2017. Addressing journalists in his office, the VC, however, denied rumour that admission process by the university was fraught with fraud.

He said the university had established credible strategies to ensure that admission of candidates was purely done on merit to achieve robust academic excellence.

Asiabaka also described as fallacious and baseless, recent report that salaries of workers were put on hold due to cash squeeze. The VC said his administration had taken measures to ensure regular payment of salaries and other benefits to workers.

Asiabaka said the institution had received the sum of N1billion out of the N30 billion released by the Federal Government for the development of public universities just as it received N3billion out of the N100 billion released by the Federal Government, part of which he said would be used to tackle sundry problems facing the university and payment of workers’ allowances.

Asiabaka, who decried continuous encroachment of land belonging to the university by its host communities, said measures had been put in place to contain the menace.
Urging the journalists to prioritise objective and investigative journalism, he asked them to shun efforts to overheat the nation’s polity.
Post a Comment