The Chancellor of Covenant University in Ota, Ogun State, declared that the institution’s management has never borrowed money to carry out university projects or infrastructure development.
The Chancellor made the remarks in the University chapel in honor of the institution’s 19th Founder’s Day and 16th convocation, which will take place on Friday.
He credited God as the doer of the university’s grandeur, arguing that all the human forces operating there were only fronting for God, who was working behind the scenes as the finisher.
According to him; “19 years of no stress, no lack. This University can never go down as long as we appreciate the glory of the Lord.
“Awesome God, we have never recorded lack, no stress, never has staff salaries been delayed since inception and we have never borrowed in the execution of this project for 29 solid years,” he added.
Bishop Oyedepo attributed the constant infrastructural development and upgrade, local and international rankings, affiliations, research grants, research work patenting and the numerous achievement recorded by the University to the glory of God since 19 years of its establishment.
“What you are seeing at Covenant University is that we knew ourselves while God has continued to work behind the scene.
“We are what we are, we are where we are and all gratitude goes to God. Every breakthrough is the product of the work God has been doing behind the scene.
” Behind every standing building, it is God working in the background,” he added.
Dr. Oyedepo said trusting in God that the university would never go down, saying, in several years of University education in Nigeria, Covenant University that commenced operations on 21st October 2002 has taken the front row through the grace of God and rub shoulders as a world-class institution within and outside the country.
He expressed appreciation to God for bringing the university to where it is today, saying the wherewithal and gratitude goes to the creator.
“Covenant University is just beginning to rise. We are not there yet. I have zero fear about tomorrow because we did not bring ourselves to where we are but by the grace of God.”
He charged the graduating students to shun and never walk in pride but refrain from denying God the glory that belongs to Him, saying ” As you give more glories, he supplies more.”
The Vice-Chancellor, Prof. Abiodun Adebayo disclosed that the university had witnessed amazing transformations and made contributions to the restoration of the dignity of the black man.
He expressed gratitude to Almighty God and lauded the visionary leadership of the Chancellor, Bishop David Oyedepo.
Besides, the VC disclosed that this year alone the university had attracted several research grants running into several millions of naira, thousands of dollars, pounds and euros, adding that the institution remains the compass in which university education is measured and assessed in Nigeria.
Speaking, Bishop David Abioye, the Pro-Chancellor acknowledged and attributed the high profile of the university to divine efficiency, saying things have worked out positively for the institution due to God’s favour.
Conferment of first and higher degrees on deserving students holds on Friday October 2021.