Covenant Graduates Facilitate Success of FG’s Programmes – Vice-President
Nigeria’s Vice-President, Professor Yemi Osinbajo, has highlighted the immense contribution of Covenant University graduates and other bright young minds in the country’s tech business environment to the success stories of the various Federal Government’s social intervention programmes aimed at combating and alleviating poverty.
Professor Osinbajo, while speaking at the 23rd Convocation Ceremony of Lagos State University (LASU), noted that everywhere in Nigeria today, young men and women were achieving the vision of Centers of Excellence as they tackled problems of poverty, education, financial inclusion and healthcare in far-flung rural areas, using technology to reach more people with knowledge and services.
The Vice-President noted that no foreign assistance nor expertise was sought when the government wanted to take in graduates under the N-Power Programme, taking into cognizance the challenge associated with processing data of at least 3 million expected applicants and selecting the best in every Local Government in Nigeria.
Professor Osinbajo stated that Softcom, a company founded by Yomi Adedeji, a 2007 graduate of Management Information System, Covenant University, was engaged to design the application portal and tool it to be robust enough to deal with over 4 million applications online. According to him, “After we employed over 500,000 of the applicants, the same company designed the payment platform to ensure that all beneficiaries are paid promptly every month”.
Professor Osinbajo recalled a greater challenge that was encountered en route the TraderMoni, MarketMoni and FarmerMoni microcredit loans initiative, with the goal of reaching more than 2 million petty traders across the country. In his words, “We didn’t look beyond young Nigerian innovators”.
According to him, the quest for the best solution on how to enumerate at least 2.5million petty traders necessitated the engagement of two Nigerian technology companies - Mobileforms and GDM - by the Federal Government.
“We got two young Nigerian graduates, Damilola Ayorinde and Oluwatomi Ayorinde, who founded Mobileforms barely three years ago. While Oluwatomi studied Management Information System at Covenant University here in Nigeria, Damilola studied Biomedical Science in the UK. Today, the company has created a platform that enables business and governments to crowd source data from across the African Continent,” said the Vice-President.
Professor Osinbajo’s validation of the exceptional quality of Covenant graduates came on the heels of an earlier one given by the Coordinator of Postgraduate Entrepreneurship Programmes at the Dangote Business School, Bayero University, Kano, Dr. Adams Adeiza, who described Covenant University’s entrepreneurship education as the best among Nigerian universities. Adeiza, recently at Covenant to learn about her entrepreneurship system, stated that the University’s methodology was highly effective in the development of entrepreneurially-minded students, which had witnessed the rise of viable startups like PiggyVest, KoraPay, PayStack, ThriveAgric, Wilson Lemonade, Agrorite.com and hundreds of other thriving businesses.