Fifty-three students graduated with first class degrees from the University of Ibadan (UI) out of 2,362 graduands in Ibadan on Friday, NAN reportsProf. Emilolorun Ayelari, the Acting. Vice-Chancellor of the university disclosed this at the 67th Foundation Day and Convocation 2015 held at the International Conference Centre in Ibadan.Fourteen of the 53 first class graduates were of the Faculty of Arts, 32 from Faculty of Science, one each from Clinical Science, Public Health, Distance Learning and four from affiliate institutions.Mr. Ayelari said 494 had Second Class (Upper Division), 822 secured Second Class (Lower Division), 185 had Third Class, 40 in the Pass category, 177 from unclassified degrees and 48 diplomas.He said the 53 first class graduates had become UI scholars, adding that the university would bear the cost of their studies up till their doctorate (PhD) degrees.Mr. Ayelari urged the graduands to be good ambassadors of the institution wherever they find themselves.