Dr. Tunji Olowolafe, the Chancellor of Ekiti State University, has announced the establishment of a N1 billion Innovation Fund aimed at supporting agro-tech enterprises founded by the university’s students and graduates. The initiative was unveiled during the 28th convocation of the university held on April 3-4, 2024.
Highlighting the significant potential for innovation and inclusive growth within local agricultural communities, Olowolafe proposed the utilization of the university’s fertile lands for agricultural purposes. This initiative would allow students to lease small plots of land, gaining practical farming experience while generating income.
Additionally, Olowolafe encouraged students to explore various opportunities along the agricultural value chain, including grains, vegetables, poultry, fisheries, as well as agri-logistics and app development.
Olowolafe also announced plans to engage 100 of the university’s brightest minds in global business process outsourcing, providing them with opportunities to contribute to the economy.
Source: PUNCH