By Amaechi Agbo, Agbani

The House of Representatives Committee on Banking and Regulations on Tuesday conducted oversight/inspection on the ongoing Central Bank of Nigeria, CBN Project in ESUT.

Led by the Honourable member representing Afikpo North/South federal constituency of Ebonyi State, Hon Iduma Igariwey Enwo, the committee inspected the Faculty of Engineering Laboratory building facility situated close to the University Medical Centre, the ESUT main Campus, Agbani.

The Vice-Chancellor, Prof Aloysius-Michaels Okolie and his management team, took the committee round the various laboratories in the faculty where the committee made critical observations and promised to report back to the House and CBN for promt actions.

Speaking with the media after the inspection, Hon Enwo said the committee was in the university as part of its oversight Function to assess the level of completion of CBN sponsored projects in South East

“We have come to look at the CBN (Central Bank of Nigeria) project in the South East, one of them is located in this great institution, so that’s why I came here. I came to the Faculty of Engineering; the building was put up by the Central Bank of Nigeria.

“Firstly, I’m happy I came here and saw the building, which means the contract was consummated. But I have also made other observations, like the need to have the place equipped so that it justifies the intention of the Central Bank that set it up in the first place.
So, I think part of the recommendation is to see that the place is equipped.

“Some other issues would also concern other departments and agencies of government, but mine specifically is to inspect the project attracted by the Central Bank of Nigeria, and the issues of maintenance could probably belong to the university itself,” he said

Hon Enwo who was the former President of Ohaneze Ndígbo, explained that the facility would be beneficial to the students in particular and the university in general

“The important thing is that we have an institution like this that is specifically tailored to the development of science and technology, which is the future of many countries. What we hope is that the students, for whom we have this project in the first place, will take advantage of it with the equipment and facilities I have seen here. The students should appropriate it and then make the best use of it, and the institution also should count themselves lucky. It’s not every institution that benefited from this.
Their duty is to make sure that it is being maintained and kept in proper shape,’ he said

Hon Enwo noted that the Faculty of Engineering two-storey building laboratory is the only project the apex bank is sponsoring in South East Tertiary institutions

Earlier during the Committee’s courtesy visit to the management of the university, the Vice-Chancellor reitrated the need for timely completion of of the laboratory to enable the university make optimal use of it.