CHANGING FACE OF HIGHER EDUCATION (Read more)

At-e-e-e-nshion! Easy! Ajuwaya! (Nigeria’s military/paramilitary lingo for ‘stay where you are’), Again, at-e-e-e-nshion! For-ward march! Now, quick march! Left, right! Left, right…. Come to think of it, what other words do you use when you write about a man from the Nigeria Police whatever, coming to address students?
Student1 
If you hear anybody issuing these commands, tomorrow, to either the matriculating or graduating students from any institution of higher learning, look well. Your man is likely to be Mr. Bola Adeboye, Managing Director/Chief Executive Officer, Nigeria Police Mortgage Bank Plc.

He was at McPherson University, Ajebo, Ogun State, recently, to deliver a pre-matriculation lecture. And the things he said at that ceremony, the fourth in the history of the young university, amounted to issuing series of military/paramilitary commands such as you have at the beginning of this report.

Attention, matriculating/graduating college/university students, he said, while speaking on the topic “Entrepreneurship: Panacea to Economic Development in Nigeria.” How you make your bed, not only of your knowledge, but also, of the opportunity you have at skill acquisition and development, while you are studying, he said, will determine how you lie on it, after graduation. In fact, it will determine not only how well you are going to do but also how far you are going to go in life!

So? For-ward, no, quick march to entrepreneurship education! And, please, make as much hays as you can with it while its sun is shining! Thus said Adeboye! “Entrepreneurship is the backbone of every nation’s economy and that is the main reason why every one of us must embrace it as its benefits cannot be overemphasized,” he observed in the introductory part of the lecture. 

“Entrepreneurs are the operators, movers and practitioners of small and medium scale enterprises.”
The matriculating students and invited guests listened attentively to hear more. And, Adeboye did not disappoint them.

“In this world we live, some great men have written their names, in gold, in the ‘book of life,’ he remarked. “Most of these great entrepreneurs started with little or nothing but they impacted people’s lives greatly while some are still living legends as we speak. Henry Ford started Ford Motors Company with a humble beginning. Today, Ford Motors Company is a dominating automobile company in the world. The product, Ford, is a household name.

“John Pemberton in 1886 started what is known in the world today as Coca-Cola with the formulation of the original concentrates. It should be noted that this formulation started at the back-yard of his house in the United States of America. The product was initially sold in a three-legged brass kettle in a pharmaceutical store, as a tonic capable of solving many medical problems, including headache and other assumed health disorders. It was named Coca-Cola by Dr. Pemberton’s bookkeeper after the main components which were cocaine and kola-nut. The first year’s sale was $50, while cost was put at $70, resulting in a loss of $20, in that year’s operation. In the second year of operation, the business was sold to Asa Chandler for the sum of $2,300 who then introduced aggressive marketing into the business through advertising and promotion of the product all over the USA. Today, the Coca-Cola Company sells over one billion of its products per day making it the number one brand in the world in the soft drinks categories.”

Before Adeboye could bring his lecture to an end, he mentioned world-business greats like Richard Branson, David Thompson, Bill Gates, Warren Buffett and Aliko Dangote and Ibukun-oluwa Awosika, our son and daughter with whom we are well-pleased.


“Richard Charles Nicholas Branson (born 18 July 1950) is an English businessman and investor,” he informed. “He is best known as the founder of Virgin Group, which comprises more than 400 companies. At the age of sixteen, his first business venture was a magazine called Student. In 1970, he set up a mail-order record business. In 1972, he opened a chain of record stores, Virgin Records, later known as Virgin Megastores. Branson’s Virgin brand grew rapidly during the 1980s, as he set up Virgin Atlantic and expanded the Virgin Records music label. In July 2015, Forbes listed Branson’s estimated net worth at US $5 billion.”

He said further: “David Thompson, one of United Kingdom’s top ten millionaires worth over 300 million pounds as at 1995 started as a meat seller in Smithfield but eventually rose to become a big name in finance. Bill William Henry Gates III on October 28, 1955, in Seattle, Washington, began to show interest in computer programming at the age of 13 at the Lakeside School. He pursued his passion through college. Striking out on his own with his friend and business partner, Paul Allen, Gates found himself at the right place at the right time. Through technological innovation, keen business strategy and aggressive business tactics, he built the world’s largest software business, Microsoft. In the process, Gates became the richest man in the world and the second richest man in the world at some points in time.”

At-e-e-e-nshion, matriculating/graduating students in all institutions of higher learning, for Adeboye is not yet done with his inspirational talk! “Businessman and investor Warren Buffett was born on August 30, 1930, in Omaha, Nebraska. Investing by age 11, Buffett was running a small business at 13,” he noted. “Buffett later started the firm, Buffett Partnership in Omaha, with huge success. In 2006, Buffett announced that he would give his entire fortune away to charity (est. $62 billion), the largest act of charitable giving in United States history.”

For-ward march! “Alhaji Aliko Dangote, a northerner from Kano State, Nigeria, was born on 10th April 1957 into a wealthy Muslim family,” he said. “From the time he was young Dangote had an eye on business.” At this point, Adeboye brought in a direct quote from Dangote: “I can remember when I was in primary school. I would go and buy cartons of sweets [sugar boxes]and I would start selling them just to make money. I was so interested in business, even at that time.” Then he continued with his biographical sketch. “He studied Business Administration at the Al-Azhar University in Cairo, Egypt and thereafter returned to Nigeria to borrow from his uncle, Sanusi Abdulkadir Dantata, who provided him with a loan of 500,000  when Aliko was 21 years old, in order to start a business.”
He rounded off this session of his lecture with reference to our own IbukunOluwa Awosika. 

A graduate of Chemistry from the Obafemi Awolowo University, Ile-Ife, she started her working career with Akintola Williams & Co. as an Audit Trainee, Adeboye said. “Shortly thereafter, she moved to Alibert Nigeria Ltd, a furniture company, as Showroom Manager. It was from there she launched out to fulfill her entrepreneurial learning by establishing Quebees Ltd, a furniture manufacturing company, from which The Chair Centre Ltd later evolved.”

Quick march! “She was the Managing Director of The Chair Centre Ltd, a market leader in the office furniture and banking security systems industry, until recently when she was appointed the Chief Executive Officer of Sokoa Chair Centre Ltd, a joint-venture company of Sokoa S.A of France, Guaranty Trust Bank, The Chair Centre Ltd, and some other local investors. She is the host of the popular TV programme, BUSINESS – HIS WAY, where she teaches the business community ethical business principles based on the Word of God.

“She is the Founder of Christian Missionary Fund, a non-governmental body dedicated to raising support for Christian missionaries across the country. She is also the Chairman, Board of Trustees of Women in Management and Business (WIMBIZ), as well as the Chairman of Intermac, the organisers of SmartCard Conference in Nigeria. She is also an alumnus of the Chief Executive Programme of Lagos Business School and the Global Executive MBA Programme of IESE Business School, Barcelona, Spain. The list of these great entrepreneurs and world giants are endless. It also includes Richard and Maurice Donalds (that started McDonalds), Donald Trump and Sam Walton.”

Listing the benefits of entrepreneurship education, he noted that it, among other things, helps to create employment opportunities and to reduce social crises and crime. “I recommend further reading on the autobiographies of the entrepreneurs cited above,” he counseled. “It will be noted that they were all focused and started venturing into business at tender ages. You should not see yourselves as being too young. You should be strong-willed and determined. As an up-coming entrepreneur, you should be solution-oriented and always look around for what people need and rush to meet their demands. The timing for entrepreneurship orientation can never be better than now that Nigeria is experiencing dwindling revenue due to monolithic nature of our economy.” 

Left, right, left, right…! That is definitely the way Prof. Adeniyi Agunbiade, the Vice Chancellor of the university wants every student to walk. Hence he thanked the distinguished guest lecturer and counseled the matriculating students to keep closer to their chests the kernels of the lecture. “It is my belief and hope that this lecture will contribute in no small measure in raising a generation of problem-solvers for our nation, Nigeria, and assists in the realization of our philosophy of producing highly skilled and motivated graduates,” he said.

In all, 102 fresh students, 37 from the College of Social and Management Sciences (COSMAS), 44 from the College of Natural and Applied Sciences (COLNAS) and 21 from the College of Humanities (COLHUM), took part in the matriculation ceremony while 29 old students (nine from the 300 level; three and 17 from the 200 and 100 levels, respectively), were honoured with a special dinner organised for them in the Vice Chancellor’s office for emerging with a cumulative GPA of 4.5 at the end of the second semester of the 2014/15 academic session.

Source: Daily Post
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