The University of Energy and Natural Resources has launched a $10 million Endowment Fund and Strategic Plan to guide and finance the University’s activities for the next 10 years.
The strategic plan covers five key thematic areas including human resource development, culture of excellence, infrastructural development, welfare of staff and students and financial preparedness.
Launching the Fund and the Strategic Plan, Hon. Eric Opoku, the Brong Ahafo Regional Minister lauded the foresight and vision of the University in planning ahead of time and pledged the support of the Regional Co-ordinating Council and the Government to the University.
Hon. Eric Opoku appreciated the uniqueness of UENR in training the critical manpower required for the energy and natural resource sectors of the country and urged the institution to live by its mandate.
The Minister however bemoaned situations where endowments and strategic plans were launched with fanfare but barely survived due to lack of commitment. He expressed his happiness that UENR’s strategic plan was concurrently launched with an endowment fund to provide financial support for the actualization of the goals of the strategic plan.
He asked members of the University community to collectively support the University in its quest to secure its long-term future with a new endowment fund that seeks to raise the equivalent of $10m over the next 10 years.
Prof. Daniel Obeng Ofori, who deputised for the Chairman of the Strategic Planning Committee gave a brief summary of the plan and indicated that the plan will serve as a framework to guide the University to realise her institutional goals and objectives.
He clearly stated that the strategic plan was anchored on the vision and mission of the University and that it was not a distinct plan on its own, and commented on the various indicators that will be used to measure the progress of the plan.
Dr Nana Kwasi Diawuo, Chairman of the Endowment Fund Committee said the University will target alumni, government, private sector, development sector, media, the University teaching and students fraternity, in its fundraising efforts.
The Chairman for the occasion, Osagyefo Oseadeyo Agyeman Badu II who was represented by the Wamfiehene commended the University for the bold initiative in setting up the fund to support the implementation of the strategic plan. He disclosed that the Dormaa Traditional Council will continue to support the noble dream of UENR and its programme in particular.
Earlier in a welcome address, Prof Mrs Esi Awuah, the Vice Chancellor said UENR did not want to approach issues in an adhoc manner, hence the decision to prepare a strategic plan and means of funding it activities and was hopeful that the University will receive the support of well wishers to enable the UENR to deliver on its mandate.