Adeyeye Ogunwusi, the Ooni of Ife, is set to unveil Ojaja University, his newly-acquired institution, in Eyenkorin, Ilorin, Kwara state.
It is understood that the monarch acquired the institution formerly known as Crown-Hill University and changed its name.
The monarch recently announced the institution has secured full accreditation for take-off courses from the National Universities Commission (NUC).
In a statement, Ooni said the acquisition of the institution was informed by his “unending passion for education and entrepreneurship”.
He said the institution will revamp the education sector in the country by ensuring students are well-trained to meet the teeming demands of a modern technological-driven society like Nigeria.
“Nigerian Universities just churn out millions of graduates yearly but don’t arm them with the necessary skills and support they need,” he said.
“In China and the United States of America, students build most of the applications we use today. Facebook, Instagram, and the likes were built by students but today they are making billions of dollars from them. Our education curriculum should teach how to analyze situations and bring pragmatic solutions via proper research.”
The monarch also promised to assist graduates of the institution with grants needed to start up a business after school.
“Imagine a university where student graduates and there is a business grant waiting for those who are willing to delve into entrepreneurship. The grants are made readily available to help establish what they have learnt in school,” he added.
“We can’t keep churning out graduates without providing how they should be utilized. If not we would continue to witness the current brain drain and the massive exodus of our best hand to foreign countries.
“Ojaja university will be structured in a way whereby students will be given a free hand to explore and settle for what they wish to become with our solid support.
“They will be trained to be problem solvers and critical thinkers with a burning entrepreneurial mindset. Ojaja university is driven strictly by innovation and ideas. We will celebrate more innovative minds than academic excellence.”
Ooni said admission into various programmes at the institution will soon commence with an easy payment plan for students.