It was celebration galore at the School of Management Technology (SMAT) of the Federal University of Technology Akure (FUTA) when a building was donated by Chief (Dr) Rotimi Ibidapo on the 20th of July, 2017.

Dean of the School, Professor Tomola Obamuyi described the donor as a man of honour and a philanthropist per excellence who has contributed immensely towards the development of the school.The Dean added that funding of education should not be the sole responsibility of government because universities all over the world thrive on philanthropy and endowments to complement government’s effort. He commended the donor for keeping to his words by completing the building in record time.
In his address the Vice Chancellor, Professor Joseph Fuwape represented by the Deputy Vice Chancellor, Academic, Professor Olatunde Arayela said that the achievement is worthy of emulation and added that philanthropists should be encouraged to help develop higher institutions of learning.
In his remarks the donor, Chief (Dr) Rotimi Ibidapo said every segment of the society must be involved with the development of higher institutions. He said there is dire need for private funding and congratulated SMAT for the achievements it had brought to FUTA and Ondo state as a whole.
Ondo state Governor, Arakunrin Rotimi Akeredolu described Ibidapo as a well-known philanthropist helping the under privileged and adding value to lives. He urged other well-meaning Nigerians to do same, saying no Owo man dead or alive has done more in philanthropy than the donor.
He said funding of the education sector should not be left to government alone and called on individuals who are financially endowed to assist in improving the quality of education through funding.
Speaking in the same vein, Oba Ogunlade Aladelusi Aladetoyinbo (Odundun II), Deji of Akure Kingdom praised Dr. Ibidapo for helping to develop the education sector through the donation of the building saying Akure is not the only beneficiary from his magnanimity as there are evidences of his kind gesture spread nationwide.
He said Akure people are not only comfortable with the establishment of the university on their land, but also appreciate the development the Institution has brought to the city. ‘’ We are proud of FUTA because it has added quality to our land. We always refer to FUTA as our own because FUTA belongs to Akure and Akure belongs to FUTA.’’ he added.