The University has approved the transformation of its Management Committee on Transportation (MANCOT), into the Federal University of Agriculture, Abeokuta Bureau of Transportation (FUNAABOT). According to the decision extracts of the 77th Statutory Meeting of the Governing Council held recently, the Council noted that the new company, FUNAABOT, would operate as a Limited Liability Company and is to domicile within the University campus.
FUNAABOT is expected to provide better services for staff and students, make the highly-subsidized transportation system self-sustaining and render other allied commercial activities such as shuttle services within and outside the campus. The Bureau is also expected to increase the existing fleet of buses and generate more revenue for the University.