The Vice-Chancellor of the institution, Prof. Rahamon Bello, told newsmen in Lagos that there would be an award of first and higher degrees, diploma, certificates as well as prize giving.
Bello said that 482 students would be graduating from the Faculty of Arts, 535 from Business Administration and 246 from Environmental Sciences.
He said that 209 others were from the Faculty of Law, while 141, 420, 344, 655 and 493 others would come from the faculties of Pharmacy, Education, Engineering, Social Sciences and Sciences, respectively.
The don said that 415 others would be graduating from the College of Medicine, comprising the Faculties of Basic Medical Sciences, Clinical Sciences and Dental Sciences.
According to him, the Distance Learning Institute (DLI) would be graduating 968 students, while the School of Post Graduate Studies would graduate 4,821.
He gave the breakdown of those to be admitted to higher degrees as 335 for Postgraduate Diploma, 4,380 for Master's Degree, one for Master of Philosophy and 105 for Doctor of Philosophy (PhD).
The vice-chancellor said that the 52-year-old institution was determined to continue producing quality graduates that could compete favourably with their counterparts in any part of the world.
Bello said that among other activities lined up during the ceremony was inauguration of projects crucial to effective teaching and research.
"We shall be commissioning the Central Research Laboratory Building donated by Dr Daniel Olukoya, the General Overseer of the Mountain of Fire and Miracles Ministry and an alumnus of the university.
"The other is the Alumni Jubilee House built and donated by the University Alumni Association in alliance with GTBank Plc.
"We shall also be commissioning the Biodun Shobanjo Mass Communication Multi Media Building donated by Chief Biodun Shobanjo, Chairman, Troyka Group," he said.
He said that the institution had continued to witness growth and development in all facets particularly in infrastructure and academic leadership.
Bello said that in line with the university's mandate to contribute to nation building and international relations, it had admitted the first set of students for the B.A. Chinese Studies programme.
He said that the initiative was the first of its kind in Nigeria, adding that the programme was aimed at taking advantage of the growing influence of China and Chinese companies in the daily lives of the citizens.
"There is hardly any state in Nigeria without a Chinese manufacturing or construction company.
"This programme will equally enable Nigerians to bridge language and cultural gaps," he said.
Bello urged the Federal Government to make available sufficient funds to tackle decaying infrastructure and improve service delivery in the institution.
