Council received a report on the proposed endowment fund in support of the establishment of the College of Medical Sciences, University of Agriculture, Abeokuta.

Council noted that for the total success of the endowment fund raising, Management had written to the Paramount Rulers of Egbaland, Ijebu, Remo and Yewa to intimate them and seek their Royal support in mobilizing their eminent sons and daughters for the endowment fund.

Council noted that the Paramount Ruler and Alake of Egbaland, Oba Adedotun Aremu Gbadebo had already responded to the request, assuring the University of his total support for the project and his readiness to mobilise his subjects.

Council noted that the University was planning an endowment fund of one billion naira for the project.

Council noted the proposed endowment fund in support of the establishment of the College of Medical Sciences, University of Agriculture, Abeokuta.