Thursday, July 31, 2025
23.8 C
Lagos

Dangote Donates N1.2bn Building to Bayero Varsity Business School

In his avowed commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, Nigeria’s business magnate, Aliko Dangote, is donating another N1.2 billion structure for running of business school in Bayero University, Kano (BUK).
The building which will be handed over to the university management formally next month is a state of the art edifice and will effectively mark the commencement of study of business in the institution and the first in the Northern part of Nigeria.
It would be recalled that Dangote is also building a similar business school in the University of Ibadan that would be commissioned anytime soon.
The Business Schools being undertaken by the Aliko Dangote Foundation, according to the President of Dangote Group is part of the efforts to build entrepreneurship in the sub-consciousness of Nigerians through education at the highest level.
He explained that the situation Nigeria has found itself necessitates revisiting school curriculums to reflect the new consciousness of entrepreneurship and manufacturing and efforts made to encourage study of business especially at the second level in the university.
When visited, the building which has been completed and awaiting commissioning, is a modern Business School within the premises of Bayero University, Kano. It comprises of auditoriums, lecture theatres, offices, classes, library, and complete electrical fittings and cooling system, among others.
Speaking on the gesture by Africa’s richest man, the BUK Dean of Faculty of Dangote Business School, Professor Murtala Sagagi said that there was no Business School in Bayero University, Kano (BUK) until Dangote started the project.
“We have an ambition to have a business school and we could not go ahead with the project because there was no befitting structure to accommodate the kind of dream we had but with Dangote coming in about five years ago and that was when the University decided to say this is the time to have the business school,” he said.
He noted that Kano is the second most vibrant commercial city in the country after Lagos, saying “we have industries, banks, different type of businesses, micro, small, medium and large enterprises.”
“We are having large scale investors from China, Spain and all over the world coming to Kano to make investment and this means the State needs an institution, a kind of faculty, school that can able to develop the capacity not only the management of those organisation but those people who are working in different units or department within the organisation.”
“Looking at the public sector, we have limited capacity in budget, project management, which has led to things not moving well in the country. With our unique disadvantage here in Northern Nigeria, the South is far ahead in terms of capacity level, for example there are about 20 universities in Ogun State, while in Kano State, we have only three universities and all of them owned either by the state government or federal government. It is just of recent that we are getting private investors coming in.”
Sagagi pointed out that all these show that there is a need for massive capacity building in Management, Finance, Marketing, E-Business, and particularly entrepreneurship and innovation in this part of the country and also for the entire country.
He noted further that “Bayero University has a unique reputation in the whole country and this explains why in the last National Institution Accreditation exercise, BUK became the best University in the Country, not because we have the best of everything but because of the quality of our curriculum, faculty and most importantly the quality of the students.”
The dean added that “the Dangote Business School is a great development and we hope that this business school will not only be seen as a Kano business school or Northern business school because I can tell you about 40 per cent of our students are not from Kano and more than 22 per cent of our student are from Southern part of the country.”
He urged other eminent Nigerians with wealth to emulate Dangote and contribute to the education advancement of the nation as a way of boosting the country’s economic development pointing out that “if Nigeria is blessed with two of Alhaji Dangote, Nigeria will witness unprecedented economic boost in terms of job creation, employment and poverty reduction.”

spot_img
spot_img

Hot this week

Two NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation

Two senior officials of the Nigerian Content Development and...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

Sovereign Trust Insurance Plc recently released its 2024 audited...

NAICOM Issues Guidelines for Insurtech Operations Effective Aug 1

The National Insurance Commission (NAICOM) has officially issued operational...

Leadway Assurance: Official Insurance Partner of Lagos International Trade Fair 2025

L–R: Juliet Okon, Head, Alternative Channel and High Net-worth...

NNPCL: Port Harcourt Refinery Not for Sale

Group CEO, NNPC Limited, Engr. Bashir Bayo Ojulari addressing...

Topics

Equities Market Extends Bearish Performance… NSE ASI down 12bps

Equities Market Extends Bearish Performance… NSE ASI down 12bps The...

Expanding Africa’s Insurance Sector

  By Mikir Shah CEO Africa Specialty Risks Africa’s insurance market is poised...

‘BREXIT Will Worsen Nigeria’s Struggling Economy’

Following the UK’s surprise vote to leave the EU,...

AMCON MD, Ahmed Kuru Wins New Telegraph ‘Public Integrity Award 2021’

R-L: Lagos State Governor Mr. Babajide Sanwo-Olu; publisher of...

NGX Group Announces Strategic Investment in Ethiopian Securities Exchange

  Nigerian Exchange Group Plc (NGX Group), a leading integrated...

MTN, FIRS Tango over N330bn Fine Tax

Our attention has been drawn to media reports regarding...

Nigerians Should Expect N2000 to $1 Exchange Rate in 2025

Cheta Nwanze, Founder of SBM Intelligence says Nigerians (individuals...

Silk Road on Rails: The China-Europe Block Trains

The biggest story coming out of China today is...
spot_img

Related Articles

Popular Categories

spot_imgspot_img