Dangote Business School Official Urges Nigerian Varsities to Emulate Covenant’s Entrepreneurship Education
With the right supports and vibrant entrepreneurship ecosystems, other Nigerian universities generally can emulate Covenant University, by producing students who will change the narratives of the country and make a dent in the universe.
This was the submission of the Coordinator, Postgraduate Entrepreneurship Programmes and MSMEs activities at the Dangote Business School, Bayero University, Kano, Dr. Adams Adeiza, following his visit to Covenant to learn about her entrepreneurship system. He urged other universities in Nigeria to imbibe the hugely successful Covenant way.
While describing Covenant University’s entrepreneurship education methodology as simple, yet highly effective, he said that, “It’s designed around the idea that if you can put in place a supportive ecosystem for development of entrepreneurially-minded students, you’d reap a reward like having campus-originated startups like PayStack raising US$8million from foreign institutional investors like Visa, Tencent and Stripe, or PiggyVest which raises a Series A Round Funding of more than $1.1million from local Nigerian Investors”.
Dr. Adeiza, buoyed by his experience at Covenant, further stated that, “From the entrance gate to lecture halls, to hostel rooms, to cafeteria, to the new Hebron Startup Lab – even the walk way, everything at Covenant University – the best University in West Africa – is deliberately designed to inspire, educate and propel students towards entrepreneurship. So, it’s no surprise that such high value startups as PiggyVest, ThriveAgric, KoraPay, PayStack, Wilson Lemonade and more than 100 others have come out of this high-energy campus, over just a few years”.
Covenant, he affirmed, has a practical approach to entrepreneurial talent development, with most of the University’s entrepreneurship faculties being practicing entrepreneurs. According to him, students have practical knowledge by trying their hands on real-life businesses and projects, there is the availability of a robust network of successful alumni for regular Speaker Event to inspire, and as mentors for students, and also the existence of a high-integrity system for tracking feedbacks and reviewing the University’s curriculum and delivery.
On his suggestions on what other Nigerian universities should do to emulate Covenant, visit: