‘KWASU has attracted N1bn entrepreneurial fund since inception’

Despite being a relatively young higher institution of learning, the Kwara State University Malete said it had attracted a whopping sum of N1 billion as entrepreneurship grants.
The grants realised from different sources including local and foreign corporate bodies, individuals and philanthropists, according to the institution, are being used to support students and alumni  in floating their private businesses.

The institution, established 11 years ago, has made entrepreneurship training a mandatory skill that every student must acquire before graduation.
Addressing journalists at the bi-monthly interactive session organised at the instance of the vice chancellor, Prof. Mohammed Akanbi, KWASU’ s director, centre for entrepreneurship studies, Dr Sunday Ojo, said so  far, 18,000 businesses had been registered by KWASU’s students with the Corporate Affairs Commission, (CAC), in Ilorin.
The media parley  is to afford directors of  the centres  to give an update on their activities.

Speaking to journalists, Dr Ojo  said the projection of the centre is that “in the next 10 years ,60 % of KWASU’ s budget will be funded by our alumnus” adding that  the institution was training people “to be job creators and not job seekers.”
Ojo said the institution had also mentored notable institutions like University of Abuja, University of Osun and Al-Hikmah University, Ilorin among several others.He said the business acumen among students of the institution was comparable to none, saying  products of the institution were always distinguishing themselves in the area of entrepreneurship wherever they found themselves.

As a way of further  inspiring the students, Ojo said successful entrepreneurs were always invited to mentor students of the institution.
Speaking on the institution’s drive at ensuring food security, the director, centre for  investment and consulting services, Dr Mustapha AbdulRahman ,disclosed that plans were underway by the institution to float a 95,000-capacity hatchery with a modern pen for 15,000 birds.

 He said with the commercial production of table eggs with Pleasures and Gains Foods limited with cognate experience in three states of the federation, “KWASU is expected to make a financial   commitment of N20 million while the company is willing to source for more than N30 million to build a modern pen for 15,000 birds”.

Sign Up Now

ePaper Subscription

Be the first to comment

Leave a Reply

Your email address will not be published.