Crescent University Abeokuta, Ogun State has installed Prof. Ibrahim Gambari, the Chief of Staff to Nigeria's former president, Mohammadu Buhari, as its new Chancellor during the institution's 15th Convocation held over the weekend.

Prof. Gambari was also conferred along with three other eminent Nigerians namely His Highness Oba Moshood Ola Yusuf , Mr.Yakubu Layi Gobir and Dr. Babatunde Wale-Okewale with Doctorate of Science (DSc.) Honoris Causa in appreciation of their numerous outstanding contributions to business, education, philanthropy, healthcare and Accounting profession.

Installing the new Chancellor, the Proprietor and Chairman, Board of Trustees of the university, Prince Muhammed Mahruf Adesegun Ajibola (SAN) described him as a revered academic, frontline diplomat, statesman and most suitable to replace the former Chancellor, the late Alaafin of Oyo , Oba Lamidi Adeyemi.

He assured that Crescent University under his leadership would continue to live up to expectations and prayers of its founding father by consolidating the gains of the past while exploring new areas for improvement or staff and students' welfare and structural development.

He lauded huge amount of financial resources invested by the late Judge of the International Court of Justice, Prince Bola Ajibola into the transformation of the university, promising to contribute his quota for further development.

The Chancellor who congratulated the graduands and the three awardees commended the university for ensuring that the only those found worthy in character and learning earned its degree certificates.

"From my findings, this university was established to fly on two wings of "learning and character" since learning alone is not enough to better the society from its rots. Learning without character is the bane of our society while character makes learning complete and beneficial to humanity.