Dangote Donates N250million To UI

Forum 7 years ago

Dangote Donates N250million To UI

Yesterday, Africa’s richest entrepreneur Aliko Dangote gave the University of Ibadan (UI) N250 million.

He made the donation after receiving a honorary doctoral degree at the convocation and 68th Founder’s Day ceremony yesterday.

In his speech, the business mogul said the Federal Government should give UI a special status to attract higher funding.

He said: “We do acknowledge that the Federal Government alone cannot shoulder the burden of funding tertiary education due to competing needs of other sectors also demanding attention.“

This is where Public Private Partnership (PPP) comes in. I strongly believe the private sector must go beyond the payment of the two per cent Education levy to join hands with the governments in funding tertiary education in Nigeria.”