WELCOME TO THE BURSARY UNIT
The Bursary unit is the financial arm of the college as it deals with all financial transaction and obligations of the college. It is headed by an experienced professional accountant, appointed by the Governing Council in compliance with the statute establishing the College. The head of Bursary Unit is christened ï¿½Bursarï¿½ and is the CFO of the institution.
The history of the unit dates back to that of the College, since finances and its administration is pertinent to the day to day running and growth of the College.
The unit presently has about one hundred (100) staff to effectively man it with eighteen (18) of its senior staff members of the Institute of Chartered Accountant of Nigeria (ICAN) and eight (8) as members of Association of Nigerian Accountants of Nigeria (ANAN). The entire members of staff are being encouraged to undertake the professional training and this has resulted in a significant increase in the number of professionals, year in year out. This has contributed positively to the output of the unit over the years.
BURSARS OF THE COLLEGE SINCE 1995
v Akeju J.B ï¿½ 1995 to 2005
v Oyerinde C.A ï¿½ 2005 to 2007
v Akeju J.B ï¿½ Feb. 2007 to June 2007
v Onitilo Francis ï¿½ July 2007 to July 2008
v Kayode F.A. ï¿½ July 2008 to Dec. 2008
v Olu Ibirogba ï¿½ Dec 2008 till date
Bursaryï¿½s Organisational Structure
Departments in Bursary Unit
v Bursars office
v Final account
v Budget and Expenditure control
v Student Account
v Special Account
v Staff Account
Main Functions of The Bursary Unit
v Income generation for the sustenance and development of the college
v Payments/settlement of the collegeï¿½s commitments
v Keeping of accounts and accounting record including those of staff and students
v Banking and handling of banking related transactions
v Staff personal emoluments including the management of loans and advances to staff
v The management of cash, stock and stores in the college
v Attending to information needs of various supervisory agencies such as National Auditor General of the Federation, Ministries of Education and Finance and the National Assembly.
v Advising and representing the college in financial negotiations with outside bodies.
Relationship of the bursary with department of the institution
The unit maintains good working relationship with other units of the college in order to ensure smooth running of the college.
The bursary ensures that all financial needs of every unit/department are attended to promptly as soon as approval is sought and obtained from the college authorities. It also renders financial advisory services to management and other units/department.
MR. M. A. AKINLABI
AG. HEAD OF BURSARY