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Adekunle Ajasin University – …21st Century University, properly called!
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Bursary

BURSAR’S WELCOME ADDRESS

I have great pleasure in welcoming you to the Bursary Department, a segment of Adekunle Ajasin University, Akungba Akoko, charged with weaving strategic devices** **around seamless and effective planning, management and safeguarding of the finances of the University.

 Adekunle Ajasin University is an excellence-oriented Ivory Tower that is jealously guarding its vision to be a foremost institution that moves manpower development in the direction of self-apprenticeship; a First-Class institution in research, knowledge, character and service to humanity.

The Bursary is the department that provides the lifeline for the achievement of this steely vision.

The Department has substantially contributed its quota by providing the needed services that have made the university to serially win the Best State University in Nigeria by national and international organisations.

The Bursary is responsible for offering financial services and professional advice to all the segments of the university and other relevant stakeholders in an efficient, transparent, and accountable manner.

We parade highly-qualified and professional staff that are desirous of applying modern accounting and management techniques to the University’s corporate governance ecosystem and delivering services with the core values of honesty, integrity in line with professional ethics, public service regulations and best practices.

AAUA is at the season of AAUA FIRST strategy, a necessary plank by the new administration to take the “…building a 21st Century University, properly called” mantra of the University to the next level.

The Bursary has woven the necessary financial framework to support the Five Pillars of the AAUA FIRST Strategy: Funding through sustainable resource mobilisation and strategic partnerships; Infrastructural Development that provides a modern, functional, and inspiring learning environment; Research and Academic Excellence driven by global collaboration, curriculum relevance, and impactful scholarship; Service to staff, students, partners, and the community through an inclusive, secure, and supportive University culture; and Technological Advancement, leveraging digital transformation, artificial intelligence, renewable energy, and smart institutional systems to enhance learning, research, and administration.

Welcome to a new and sustainable financial season.

Welcome to Adekunle Ajasin University, Akungba Akoko, the University on the Hill.

OLUKOJU, Bamidele  FCA
Bursar

Featured

Quick Links

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AAUA Post-UTME

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Affidavit of Good Conduct

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Exams & Records

SIWES Form

NELFUND FEDERAL GOVERNMENT SCHOLARSHIP FUND FORM

AAUA PRE-DEGREE APPLICATION

Structure of Office
Role and Functions
Other Information

Our Structure

ORGANISATION OF THE BURSARY DEPARTMENT

For effective performance of duties  the Bursary Department is subdivided into Divisions and Sections/Units headed as follows.

i Accounting Services Division – Mr. F.O. Ige Chief Accountant
ii Treasury and Student Services Division – Mr. A.T. Orina Chief Accountant
iii Management Services Division – Mr. M.S.O. Shittu Principal Accountant
iv Resources Management Division – Mrs. E.E. Ola Senior Accountant
v System Division – Vacant Chief Programmer
vi Central Stores Division – Mr. F.O. Fawehinmi Chief Supplies Officer

Our Roles

Role and Functions

The role and functions of the Bursar are as stated in the Adekunle Ajasin Law of 22nd November, 2007 

OTHER FUNCTIONS OF THE BURSAR

 

The other functions of the Bursar include the following:

  1. The Bursar shall normally receive, on behalf of the University Council, grants, subventions, revenues, gifts payable/donated to the University and his receipt shall be a sufficient discharge for the same.
  2. The Bursar shall be responsible to the Vice Chancellor for the safe custody and proper disposition of all University funds and assets.
  3. The Bursar shall maintain proper and adequate records of Income and expenditure, assets and liabilities and report periodically to the Vice Chancellor on the finances of the University. The Bursar shall not honour verbal directives for release or disposition of the university’s Assets.
  4. The Bursar, as the Chief Financial Officer of the University is responsible to the Vice Chancellor, and shall exercise professional superintendence over all the accounting staff of the University. He shall be responsible for ensuring that the accounts of the University are prepared in accordance with the University Law, statute and professional standards.

While it is necessary to avoid bureaucratic processing, it is mandatory to operate within certain rules and norms to save individuals, the University, and the State from mental rigour often occasioned by fraud, abuse and malpractices. Events continue to support the need for laid-down procedures even if only for the purposes of orderliness, efficiency, and reliability of stewardship.

The Department is currently headed by a Bursar in the person of  Mr. A.O. Fashakin who is currently on terminal leave.  For this reason, Mr. O.T. Akinterinwa was appointed to head the department in an acting capacity.  He holds B.Sc in Accountancy, PGD in Computer Science, MBA and FCA.  His e-mail Address is: latakin88@yahoo.com.uk.

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