Govt Approves N100m For Entrepreneurship Centres In Federal And State Universities

Filed in EDUCATION NEWS by on November 25, 2014 0 Comments

The Executive Secretary, Tertiary Education Trust Fund, Prof. Suleiman Bogoro, has said that the Federal Government has earmark N100m for the establishment of entrepreneurship centres in federal and state universities.

Bogoro, represented by Mr. Mohammed Nasir, said the management had also finalised a five-year vision for the fund to deepen its focus on academic excellence.

He stated this at a workshop on entrepreneurship development held at the Federal University of Agriculture, Abeokuta.

He said, “As part of our commitment towards promoting entrepreneurship education in public tertiary institutions in Nigeria, I wish to inform you that the Board of Trustees of TETFund has, on the directive of President Goodluck Jonathan, approved the sum of N100m for the establishment of entrepreneurship centres in each federal and state university across the country.

“I am also pleased to inform you that the TETFund Board of Trustees has approved a five-year (from 2014 to 2019) vision for the fund to deepen its focus on academic content, quality and excellence.”

Bogoro explained that when the centres became operational, they would assist lecturers, students and members of the public to fashion out appropriate strategies for growing entrepreneurship skills needed for national development.

Noting that the capacity-building workshop would help in spreading awareness, he added that it would enable the recipients to teach their students the essence of entrepreneurship for wealth creation.

He said, “The workshop will empower the students to become creative thinkers in business as well as becoming self-employed after graduation.”

The Chairman of the TETFund Board of Trustees, Dr. Musa Babayo, also said the workshop would help the country in treating entrepreneurship as a major component of economic growth.

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