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Food Security: Ekiti State University Unveils N1bn Agri-Tech Innovation Fund

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Tunji Olowolafe Ekiti State University VC

Ekiti State University fired a bold salvo in addressing Nigeria’s food insecurity challenges as its new Chancellor, Dr Tunji Olowolafe, unveiled a groundbreaking N1 billion innovation fund.

In a convocation address brimming with ambitious initiatives, Dr Olowolafe laid out a vision to transform the 40-year-old institution into an entrepreneurial engine powering sustainable agricultural development.

“Agriculture stands as the backbone of our nation, and it is here that I see the greatest potential for innovation and economic prosperity,” the Chancellor declared to faculty, guests and thousands of graduating students.

The new 1 billion naira fund will provide vital seed capital for university students and alumni to pioneer novel agro-technology ventures tackling production hurdles, supply chain inefficiencies and critically – boosting crop yields.

With over 60% of Nigerians employed in agriculture, yet domestic food inflation raging above 24%, the imperative to catalyze grassroots innovation addressing sector challenges has never been more acute.

While the fund’s establishment captured headlines, Dr Olowolafe’s convocation roadmap spanned reinvigorating the academic body through subsidized international training to radically rethinking the university’s curricula and infrastructure itself.

In a first for any Nigerian university, the Chancellor proposed a radical model where students can lease and cultivate produce on fertile campus lands, simultaneously earning entrepreneurship credentials alongside academic degrees.

“As we groom academic excellence, let’s also nurture agri-entrepreneurs, celebrating both scholar and plough-holder,” Dr Olowolafe exhorted, drawing rousing applause.

The integrated vision aims to transform Ekiti into a holistic hub for pioneering research, nurturing startups and developing human capital ready to catalyse a modernized, technology-driven agricultural sector.

“Our approach addresses two pain points – creating alternative economic opportunities for youth while boosting domestic food production capacities,” said Dr Tunde Oluwole, Ekiti’s business incubator lead.

For entrepreneurial graduates exploring unconventional paths or simply following their passions, seed funding remains a perennial roadblock blighting startup growth across Africa.

“This billion naira fund solves a critical limitation, while demonstrating agriculture’s vast innovation potential,” Dr Oluwole added.

From intelligent farming solutions deploying AI and drones to digitizing transport networks and storage – the possibilities are vast for agri-tech innovators to disrupt long-stagnant value chains plagued by inefficiencies.

With an estimated $3 billion in annual investments required to modernize infrastructure, unlocking such private capital and grassroots ingenuity could be a game-changer in future-proofing Nigeria’s food systems.

Agriculture remains the economic bedrock for Africa’s most populous nation. But the sector’s technological renaissance has lagged amid dilapidated infrastructure, lack of financing and brain drain.

By harnessing its alumni’s entrepreneurial dynamism through an innovative fund, Ekiti State University has catalysed the forces aiming to reinvent that critical narrative.

As Dr Olowolafe summarized, “What is the point of learning if we don’t apply our thoughts?” Nigeria’s agri-tech revolution just received its latest skilled propagators and seed capital.

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Education

Okpebholo Raises Edo State University’s Monthly Subvention to N250m

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Edo State University subvention

By Modupe Gbadeyanka

The monthly subvention to the Edo State University, Iyahmo, has been increased to N250 million from N100 million by the state governor, Mr Monday Okpebholo.

A statement issued on Monday by the Chief Press Secretary (CPS) to the Governor, Mr Patrick Akhere Ebojele, said a grant of N2 billion has also been approved to improve infrastructure in the institution.

Speaking at the commissioning of an e-library and the flagging off of a fitness centre and a health facility in the school, Mr Okpebholo said the funding support is to strengthen the institution’s capacity and improve learning conditions.

“Today is a great day for Edo State University, Iyamho. Since assuming office, our administration has remained committed to repositioning the education sector in Edo State.

“The Ehi Aganmonmen Business Administration E-Library, the Peter Omoh Dunia Fitness Centre, and the Edo State University Health Centre are clear symbols of progress, partnership, and shared responsibility in advancing education and health in Edo State,” he said.

Governor Okpebholo further acknowledged the collective support from stakeholders, including a parent who volunteered to sponsor the architectural designs and the Vice-Chancellor, Professor Adetimirin, who donated one month of his salary.

“If you, the vice chancellor, can donate your salary, why will the Edo state government not donate towards the university projects they are carrying out? On this note, the Edo State government will give you (the school) N2 billion,” he declared.

“I also understand that a parent has offered to sponsor the designs, and our amiable Vice-Chancellor, Prof. Adetimirin, has donated his one-month salary to support the projects. These are not small things — these are sacrifices that speak louder than words,” he added.

On healthcare infrastructure, the Governor expressed support for the university’s plan to upgrade its medical facility.

“I commend the university for the new Health Centre to replace the existing sick bay. This is an important step toward providing better healthcare services to our university community. I assure you of our continued support as we work together to bring this vision to reality,” the Governor said.

He charged students of the institution to use the facilities well, and tasked the university management to “ensure proper maintenance and sustainability of these facilities.”

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Education

45 Student-Led Startups Win N2.2bn from FG Ventures Initiative

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45 Student-Led Startups

By Adedapo Adesanya

Forty-five student-led ventures emerged as beneficiaries of a total pool of N2.2 billion in grants at the 2026 Student Venture Capital Grant (S-VCG) Finalist Bootcamp.

The programme of the federal government marks a significant boost to youth innovation under its entrepreneurship drive, announced earlier this year.

At the bootcamp’s closing ceremony and awards presentation held at the United Nations Development Programme (UNDP) office in Ikoyi, Lagos, the winners emerged after a rigorous selection process involving 65 finalists and assessment by a 12-member expert panel.

Speaking at the event, the Minister of Education, Mr Tunji Alausa, said the initiative underscores the government’s commitment to transforming tertiary institutions into centres of innovation, entrepreneurship and practical problem-solving.

He described the S-VCG programme as a key pillar of President Bola Tinubu’s Renewed Hope Agenda, aimed at enabling students to convert ideas into viable businesses.

Mr Alausa noted that each beneficiary can access up to N50 million in equity-free funding, alongside mentorship, incubation support and digital tools.

He added that the programme attracted more than 30,000 applications from 404 tertiary institutions nationwide, reflecting the growing culture of innovation among Nigerian youth.

Also speaking, the Minister of Communications and Digital Economy, Mr Bosun Tijani, commended participants for leveraging technology to develop solutions to real-world challenges.

He urged them to build scalable, tech-driven ventures capable of contributing to national development.

Also speaking, Minister of State for Education, Mrs Suwaiba Sa’id Ahmad, praised the finalists’ resilience and creativity, noting that initiatives like S-VCG are critical to nurturing problem-solving skills and fostering an entrepreneurial mindset among students.

Chairman of the Senate Committee on Tertiary Education and TETFund, Mr Muntari Dandutse, called for sustained investment in youth innovation to strengthen Nigeria’s knowledge-based economy.

On his part, the National Project Coordinator of the Special Programmes Operations and Implementation Unit, Mr Adebayo Onigbanjo, outlined the structure and long-term objectives of the programme, stating that it is designed to equip students with the resources and confidence needed to build sustainable ventures.

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Education

UniJos Suspends Exams Over Deadly Jos Attack

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Unijos

By Adedapo Adesanya

The University of Jos has suspended all examinations scheduled for Monday and Tuesday following growing tension in Jos, after a deadly attack in Anguwan Rukuba, Jos North Local Government Area of Plateau State.

The management of the institution also advised students and staff to remain indoors and stay vigilant.

According to reports, the attackers, who rode on motorcycles, stormed the community at about 7:30 pm while residents were going about their normal activities, firing indiscriminately and causing panic.

Many people were killed, while several others sustained injuries in the attack.

“The attackers just rode past and started shooting sporadically. People were running in different directions,” a source told Channels Television.

The broadcaster also reported that in the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension.

UniJos, in a statement issued on Sunday by the Deputy Registrar, Information and Public Relations, Mr Emmanuel Madugu, said the incident had heightened tension, necessitating the decision.

“In view of the late evening fatal attacks by unknown gunmen on residents of Angwan Rukuba (an area that hosts many staff and students of the University), and the consequential tensions it has generated in and around the area and environs.

“The Vice Chancellor has directed that all examinations scheduled to hold on Monday, March 30, and Tuesday, March 31, 2026, are postponed, and will be rescheduled accordingly. That members of the University community be advised to be very vigilant and extra careful with their movements (On and off Campus) with IMMEDIATE EFFECT.

“For emphasis, members are strongly advised to AVOID COMING OUT VERY EARLY IN THE MORNING, and should REPORT IMMEDIATELY any sign or shadow of breach of the public peace to the University Security Division on 08035895323.

“University Management is actively liaising with the relevant Security agencies and monitoring the situation to ensure the safety of the lives of members of the University community. Further relevant updates will be communicated in due course,” the deputy registrar added.

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