Outrage As OAU Student Union Allegedly buys ₦3M ‘tokunbo’ bus

by Justus Ogar.

The students of the Obafemi Awolowo University have been thrown to disagreement with the student Union president, Mr. Edward Ibukun after he allegedly bought a fairly used bus popularly known as Tokunbo amounting to the tune of ₦3M.

Students from different angles have condemned his actions as majority believe that the amount used for the bus greatly exceed what a Tokunbo bus will amount to.

The president however released a statement yesterday, 20th June. saying he never released the price at which the bus was bought. The financial secretary, Omisakin on the other hand made known that ₦2.9M was used for the purchase of the bus and part of the balance of ₦100,000 was used for painting of the bus.

Speaking with an honourable who prefers to remain anonymous, he said the buying of the bus is a welcomed idea but given the circumstances and procedures by which the bus was procured, one can ascertain there are several unclear details about the purchase of the bus

“A lot of people in the defence of the president says there was no B&F committee to scrutinise the budget but we had the house, parliamentarians at disposal, as the president of a union you can’t just take decisions without following due process. That’s one side. Another side to the issue is that the president purchased a bus and refused to relay the details of the purchase until students started raising concerns. when he finally did he asked student to go find out the price of the bus before he tells us how much the bus was bought, that’s rubbish.” He said.

When asked if he had issues with the amount the bus was bought he said, “I don’t have much problem with the price, one might argue that they were ignorant of the prices of vehicles but if they had pass through the SRC all these excess would have been put to check. I just hope the house can come strongly together bring forth good fruits.”