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The Nigerian University
Capacity Building Programme

Since the late 1990s, the CBN has expanded its involvement in community based activities beyond sporting development to include other areas of community development. In response to the general concern about the decaying infrastructure in the first generation universities, the Bank attempted to provide/improve key infrastructure under the Nigerian Universities Capacity Building Programme. Following the success of the pilot scheme, the programme has since been extended to include second generation universities. The projects carried out under this capacity building programme include the construction of administrative blocks, lecture halls, laboratories, health centres, and provision of IT and V-sat equipment.

The Bank has so far spent the sum of over N453m on such projects and more Universities are expected to benefit from the programme in subsequent years. The following universities have benefited under the programme:

Institution/Project Grant Remark
University of Ibadan, Ibadan  Construction of a 1,200-seater Science Lecture Theatre

N30 million

 Fully Disbursed
University of Lagos, Lagos
Purchase of classroom furniture and equipping Biochemistry laboratory

N25 million

 Fully Disbursed
Ahmadu Bello University, Zaria 
A customized building for a Biotechnology laboratory

N70 million

 Fully Disbursed
University of Nigeria, Nsukka
Internet Connectivity Project: Site preparation, Equipment and Furniture

N37 million

Commissioned
Obafemi Awolowo University, Ile Ife  Construction of and equipping  Computer Laboratory and Workshop

N25 million

 Partially Disbursed
University of Benin, Benin City  Construction of Health Centre Building

N37 million

Partially Disbursed
University of Maiduguri, Maiduguri  Construction of  Lecture Theatre

N15 million

 Partially Disbursed
Federal University of Technology, Yola
Transfer of ownership of Mai Bornu Housing Estate from CBN to the University and Financial grant towards the cost of renovating the estate

N43 million

 Fully Disbursed
University of Port Harcourt, Choba  Construction of a Lecture Theatre

N15 million

 Partially Disbursed
Bayero University, Kano 
Construction of a Professorial Office block

N15 million

 Partially Disbursed
Nnamdi Azikwe University, Awka  Construction of Lecture Theatre and multi-purpose Hall

N21.5 million

Not Disbursed
University of Jos, Jos 
Construction of a Bio-chemistry Laboratory

N15 million

 Not Disbursed
Federal University of Technolgy, Akure
University Computer Resource Centre		 N30 million

 

 Not Disbursed
University of Calabar
Completion of graduate school building		 N15 million       -do-
Usman Dan Fodio University, Sokoto
Sport Complex		 N15 million      -do-
Ambubakar Tafawa Balewa University , Bauchi
Construction of an office / class room block		 N15 million       -do-
University of Uyo
Construction of a multi-purpose lecture theatre		 N18 million       -do-
Federal University of Technology, Owerri
Construction of Office Block for the department of health		 N15 million       -do-
Federal University of Technology, Minna
Construction of an office block		 N20.3 million       -do-
University of Agriculture Makurdi
Construction of an auditorium		 N17 million      -do-
University of Agriculture Abeokuta
Internet Connectivity Project:		 N15 million       -do-
Michael Okpara University
of Agriculture Umudike.
Internet Connectivity Project		 N15 million        -do-
University of Abuja
Construction of a student centre at the universities permanent site		 N25 million        -do-
University of Ilorin
Construction of a 20 room bungalow type II hostel		 N14.4 million        -do-
Total Grant to 24 Universities 

Total Disbursement

N435 million

N201,867,900.12


Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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