The Vice-Chancellor of the University of Calabar, Prof Florence Obi has applauded the commitment, dynamism, passion and dedication of the 2021 Non-Current Asset Register Committee (NCARC) members towards the development of the University of Calabar Non-Current Asset Register.

Prof Florence Obi showered the praise on the committee members during the presentation of the 2021 Non-Current Asset Register at the Vice chancellor's conference room.

The Vice-Chancellor expressed delight over the completion of the first phase of the development of the register for the institution adding that the entire university council and management appreciates the effort of the Committee.

In her words, "I am very happy about it. Today, our university has her Non-Current Asset Register and it's a masterpiece"

Prof Obi thanked them for putting up their best while urging staff to always replicate the same in any given task assigned to them adding that by doing this, the institution will be better.

She disclosed that the aim of setting up the committee was for the institution to identify and record the appropriate location of all her assets, an exercise that will help the university track them and spend less on buying new assets that are already in existence.

Prof Obi called on staff to change their attitude towards handling university assets adding that the university's financial strength is dwindling against a growing population with increasing needs.

According to her, the institution needs to manage its resources well and have a system to monitor all assets in staff offices, hence; staff offices must have an Asset Listing Card that must show details of assets in their office.

Speaking earlier, the Chairman, 2021 Non-Current Asset Register Committee, Director of Audit, Mr Nicholas Agbo said that he was pleased over the ability of committee members to develop a University of Calabar 2021 Non-Current Asset Register for use by management and all interest parties.

The Chairman admitted that the assignment was a painstaking one but added that the commitment, dynamism and touch of professionalism displayed by Staff made the whole exercise look seamless and easy.

Mr Nicholas Agbo said the Asset Register will enable management to keep track of university assets, provide for their replacement and revalue at an appropriate time.

The members of the committee include the Director of Works Engr. Joseph Alaga, Director, Physical planning, Archi James Ikpi, Director of Procurement, Mr Joseph Egbenta, Director, Final Account, Mr Clement Otogo, Head, Estate Unit, Mr Ededem Effanga Henshaw, Head of Stores, Mrs Josephine Bisong.

Other members include Chief Accountant, Mr Okon Edet Idomo, Chief Internal Auditor, Ndueso Akpanwa, Principal Accountant, Mr Inaku Moses Wisdom, Senior Accountant, Mr Victor Egbanabo, Senior Internal Auditor, Mrs Comfort Udoh, Admin Officer, Miss Catherine Agbor as Secretary.

The highlight of the event was the official flag-off of the Asset Numbering exercise of the Vice Chancellor's office.