The President and founder of Dangote Foundation, Aliko Dangote, has set aside N200 billion to establish a world-class university in Abuja.
The proposal has since been delivered to the National Universities Commission, NUC.
A former Executive Secretary of the NUC, Julius Okojie, who is the chairman of the technical team for the establishment of the university, said the foundation intends to drive technology and research in stimulating economic growth. He also said the proposed university will be technology-driven and asked for the cooperation and support of the NUC towards the realisation of the goal.
According to a National Open University of Nigeria, NOUN, publication, Mr. Dangote’s desire was to float a unique university of technology with all the necessary infrastructure and best faculty members from across the globe.
Chief Executive Officer, CEO of the foundation, Zouera Yousouffou said the foundation was ready to make the dream a reality with the sum of N200 billion already earmarked for the project.
She said the land was purchased and preliminary measures were in place for the headquarters of the university at the nation’s capital city of Abuja.
Mr. Dangote is a Nigerian mega-entrepreneur cum billionaire, who owns the Dangote Group, which has interests in diverse commodities.
The company with massive business tentacles operates principally in Nigeria but has corporate interests in other African countries.