EDC 2016: KWASU tops CAC Business Registration Chart in Nigeria

Post on 18 May 2017

The Kwara State University (KWASU), Malete, has topped the business registration chart of the Corporate Affairs Commission (CAC) in Nigeria.

This was brought to the fore by the Vice-Chancellor of the University, Professor AbdulRasheed Na’Allahat the opening ceremony of the 5th Entrepreneurship Directors’ Conference (EDC), organised by the Centre for Entrepreneurship.

According to Na’Allah, the University has recorded enormousachievements in the area of entrepreneurship, part of which he said, is the training of its students to become entrepreneurs, adding that it is mandatory for all students of the University to have registered businesses before they can graduate.

While encouraging students to focus more on entrepreneurship as they would make more money from it than the salaries they would earn inmany organistaions, he noted that the University would create an Incubation Centre for the students in support of their businesses.

He said the Incubation Centre would house secretariat services and all the students would need to start up full-fledged businesses after graduation.

The Vice-Chancellor also highlighted that KWASU is the first and only University in Nigeria with a degree in Entrepreneurship and that the intention was to produce certified teachers in Entrepreneurship.

Also speaking at the event, the Director, Centre for Entrepreneurship, KWASU, Dr. Hakeem Ajonbadi, saidthe 2016 EDC was to invoke the thought processes and tools that generate effective and productive entrepreneurship to act as major catalysts for social and economic progress.

Ajonbadi explained that the conference which is a forum for Directors of Entrepreneurship Centres of various tertiary institutions in the countryhad a goal to effect both incremental and structural changes.

Lamenting the high lending rate of banks, he said“governments reduced budget deficits but apply greater pressure on sometimes the most vulnerable in society; economies seek innovative solutions but government and firms ignore possibilities for democratising opportunity search and realisation.

" We seek global solutions but appear to entrench local problems; and the world is seen sometimes as technologically flat but spatially and contextually spiky. The forum will deliberate on ecological, financial, technological, governance and leadership issues.’’

He stated further that the conference would provide a launch platform for an entrepreneurial resolution of the problems of social sustainability and economic security.

In addition, Dr. Muritala Awodun, the pioneer Director of the Centre and Chairman, Kwara State Internal Revenue Services, said the conference was conceived by KWASU five years ago with the aim of bringing together Directors of Centres for Entrepreneurship in various tertiary institutions to have a forum to share opinions and discuss ways to better the various Centres for Entrepreneurship that were more or less imposed on most of those tertiary institutions by the National Universities Commission(NUC) five or six years ago.

``At that time, there was a lot of confusion in the air and most institutions didn’t really know what to do or how to go about it and since KWASU had started the Centre for Entrepreneurship two years before imposition by the NUC on the other institutions, we felt that it would be nice for us to bring all the Directors together and we will have a common frontier to exchange ideas and learn from one another,’’ he said.

While regretting that the turnout of Directors at the conference is deteriorating over the years and seeking redress, Awodun urged the Centre to work more closely with the community and get feedbacks from them as they are the consumers of its products and services.

The conference had as its theme‘Consolidating Stakeholders’ Synergy for Sustainable Entrepreneurship Development in the Nigeria Tertiary Education’.