The Vice-Chancellor of Abubakar Tafawa Balewa University (ATBU), Bauchi, Professor Muhammad Abdul’Aziz, has disclosed that the institution has successfully repaid one-third of the debt it inherited from previous administrations. He made this known while addressing journalists on the state of the university’s finances and the reforms initiated under his leadership.
According to Professor Abdul’Aziz, the new management inherited a huge financial burden upon assumption of office, a situation he described as one of the greatest challenges confronting the institution. He explained that despite the strain, the university has adopted prudent financial management strategies that have enabled it to gradually offset a significant portion of the liabilities.
He noted that the repayment was achieved through strict accountability, transparency in financial dealings, and the prioritization of critical projects over less urgent expenditures. The Vice-Chancellor emphasized that his administration has worked to block revenue leakages and ensure that funds generated internally are judiciously utilized for the growth and stability of the university.
Professor Abdul’Aziz also highlighted the importance of government support and collaboration with stakeholders, stating that without such interventions, the repayment process would have been more difficult. He expressed gratitude to the federal government, alumni, and other partners who have contributed in various ways to reposition the university.
Beyond debt repayment, the Vice-Chancellor outlined several reforms aimed at improving academic standards, infrastructure, and research capacity at ATBU. He said the university is investing in staff training, expanding facilities, and upgrading laboratories to enhance the quality of teaching and learning for both staff and students.
He assured that with continued discipline in financial management, the university will be able to clear the remaining debt in the coming years. He added that his administration remains committed to leaving ATBU on a more stable financial footing than it inherited.
The Vice-Chancellor further called on staff and students to support the institution’s reforms, stressing that collective sacrifice and commitment are essential in building a stronger and more resilient university for the future.
