Nigeria: Dangote Set To Build A $550 Million University In Abuja



Dangote’s University– Recent Nigerian reports confirm that Africa’s leading billionaire, Aliko Dangote is set to have his own tech-university in Abuja, Nigeria’s capital.

According to his representative, the proposal to set up the educational institution has been submitted to the National University Commission (NUC).

Julius Okojie, former Executive Secretary of NUC says that the Dangote Foundation intends to make the anticipated establishment a one of kind university that will have international standards and top notch operations.

He says the idea is to tackle and stimulate the Nigerian economy by investing in technology and research which the school in the making is expected to specialize in.

Taking it up from there, the current NUC Secretary, Abubakar Rasheed said the proposal was a welcome development and pledged the support of the commission towards the actualization of this educational dream.

He shared his optimism that the university will be utterly excellent as it will be useful for the West African country.

See Also: Dangote & Co Set To Take Over $49 Million Nigerian Peugeot Plant

However, Rasheed made a plea to the Dangote Foundation to consider running a conventional type of university programmes but “with specialty in the area of technology.”

According to the report , the Chief Executive Officer, CEO of the foundation, Zouera Yousouffou, said the sum of N200 billion ($550 million) has been set aside for the project. Adding to that she said that preliminary steps such as procurement of the land space for the gigantic project has been concluded.

She revealed that the headquarters of the anticipated university will be in Abuja.

Dangote’s University of Technology has been applauded by many. It is believed that the university will boost the area of research in Nigeria’s educational sphere while making young minds more conversant with technological know-hows which broadens by the day.

On several occasions, the Nigerian billionaire and philanthropist has voiced his passion not just for business but for education as well. He has been a great supporter of Nigeria’s economy, health and education.

See Also: Dangote @ 60: Billionaire Intends To Spread Prosperity To Nigerians For The Rest Of His Life

During the 68th anniversary of Nigeria’s first tertiary institution, University of Ibadan, he noted the challenge of fund in running universities.

After handing the noble institution a token of N250 million to revive abandoned projects in the school he urged for more government-private partnerships to ensure that Nigerian universities can be able to square up to their international counterparts.

” With adequate funding, I believe the university will be able to compete favorably with the best universities in the world.”

“This is where Public Private Partnership (PPP) comes in. I strongly believe the private sector must go beyond the payment of the 2% education levy to join hands with the state and federal governments in funding tertiary education in Nigeria.”

Before now he also saw to the sponsorship of 800 Nigerians cum potential employees to understudy professional refinery education/operation in India.

With Dangote’s university becoming a reality, it is believed that it will be of great service to him and his native country. This is perhaps a bigger way of living out his own advise.

For some reason the future tech-institution has planted high expectations in the minds of Nigerians. We can blame that on the billionaire’s pocket and antecedents.

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