UNIVERSITY OF IBADAN (U.I) VENTURES LIMITED
The University of Ibadan Ventures Limited evolved from the defunct Centre for Resource Management and Consultancy (CEREMAC) which was made up of profit-making units like the Guest Houses, University Printing Press, Consultancy Services Unit, etc. Back then, CEREMAC was the main organization empowered to implement the effective and efficient use of resources, thereby generating additional funds for the University. It had three divisions, namely: the Consultancy, the Resource Management and the Resource Development. However, in 1985, CEREMAC was dissolved, and these units, i.e. the Guest Houses, Consultancy Services Unit, Agric Enterprises, Performing Company, Printing Press, Publishing House, etc. which were incorporated as CEREMAC resumed operations individually and independent of one another. This continued until late in 1988, when the old commercial ventures coupled with new ones were legally incorporated into a full business holding, and the present day U I Ventures Limited emerged.
The University of Ibadan Ventures Limited, with corporate headquarters at the Conference Centre opposite the Chapel of the Resurrection was incorporated in March 1988 and commenced operation on 1 December, 1988. The company is totally owned by the University of Ibadan.
The company is doing well and has been giving dividends and donation to the University. U I Ventures Limited donated the Student Affairs building complex to the University as part of its contribution to the advancement of goals and objectives of the University. Of recent, a 35kv power generating set was donated to the senior staff club of the University of Ibadan, and during the last quarter of 2010, a sum of N20,000,000.00 was donated to the University.
CONSULTANCY/COMPUTER TRAINING CENTRE
As stated in the opening paragraph above, U I Ventures Limited as a corporate entity was incorporated in 1988. However, the Consultancy Services Unit has been in existence since 1979 as a unit under the office of the Vice Chancellor, University of Ibadan. The Company was set up with the aim of rendering essential and consultancy services to all sectors of the economy in Nigeria. Therefore the company has very close and symbolic relationship with the University and hence taps into the enormous bank of experts in executing projects. One of our distinguishing hallmark as a unit is the quality and quantity of our expertise in almost all facets of human endeavour. This is not surprising, given the pre-eminent position of the University of Ibadan, Nigeria’s Premier University. The range of services we offer span the entire faculties of the University. Our synoptic mission statement is IMPACTING EXCELLENCE.
EXPERIENCE
The Company has since inception carried out a large number of projects and specialized training in several areas for various clients (Government, and International agencies, Private Companies, etc.) all over the country. Apart from consultancy jobs and assignments carried out for these clients, regularly, we organized a total number of 189 courses for the general public between January and December of each year. The courses range from management to finance, administration, computer application, marketing, project management, fraud control and prevention, budgeting, records management, conflicts management etc.,
OBJECTIVES
- To harness all and probable resources and to explore maximally the potentials of the business oriented departments in the university.
- To serve as an alternative source of revenue for the University.
COMPANY VISION
To provide excellent services to the company’s clients and be a dependable source of revenue for the University of Ibadan.
MISSION STATEMENT
A company committed to high ethical standards, adding value towards customers’ satisfaction and guaranteeing reasonable returns to its shareholders.
BUSINESS DIVISIONS
The company comprises such business divisions as the Consultancy Services Unit, U I Hotel, Printing Press, U I Petrol Station, U I Bakery, U & I Fast Food, Health, Safety and Environment Unit. The Consultancy Services Unit is the consulting arm of the Company.