Foremost entrepreneur, Aliko Dangote has assured that the N250 million University of Ibadan Business School he is constructed would soon be ready for commissioning.
He is also constructing a similar project in the Bayero University Kano (BUK) which will soon be ready for hand over to the university management.
The UI project being undertaken by the Aliko Dangote Foundation results from a pledge made last year when he was conferred honorary doctorate degree.
The University of Ibadan management requested that the funds be used to construct the building complex, to be named ‘Aliko Dangote Complex’, within the premises of the Business School.These ventures are part of a N2 billion investment by the Aliko Dangote Foundation, across various institutions, in support of tertiary education in Nigeria.
On the Bayero Business School, the Foundation boss explained that on commencement, the business school will be only the third accredited business school in the country and the first in the North, others being University of Lagos Business School and University of Ibadan Business School.
The UI and BUK projects are complementary to the Foundation’s other tertiary education support projects such as the Ahmadu Bello University, Zaria where 10 units of students’ dormitories are being constructed and scheduled to be ready by March.
Students’ dormitories have been constructed and delivered and power generating set provided to Kano University of Science & Technology, Wudil and now to the University of Ibadan.
Presently, the Foundation is involved in N10 billion micro grants to women in all 774 local governments across the federation in a bid to ameliorate widespread poverty in Nigeria by empowering the women and the vulnerable in the society.
Dangote said: “Our Programme provides a one-off grant that enables recipients to grow or start a small business, invest in productive assets, improve the health of their families, and/or take on new activities that reduce their vulnerability and enhance their economic standing.”