Dangote to Establish University Worth N200 Billion

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Aliko Dangote is a Nigerian Billionaire and proprietor of Dangote Group. He was rated as the 67th richest person in the world and the richest person in Africa. As of February 2017, he has an estimated net worth of US$12.5 billion. Dangote Group is the largest conglomerate in the Western Africa and one of the largest on the African Continent.

He has earmarked aside N200 billion to establish a world-class university in Abuja, the nation’s capital. The proposal has been submitted to the National Universities Commissions as stated by Law. This law states that any individual or association of individuals who are Nigerian citizens can establish an Institution of Higher Education provided they satisfy the necessary criteria.


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A former Executive Secretary of the NUC, Julius Okojie, is the chairman of the technical team for the establishment of the university. Okojie, who led his team to the NUC Executive Secretary, Abubakar Rasheed, said the proposed university is meant to be technology-driven and asked for the cooperation and support of the NUC towards the realization of the goal.

National Open University of Nigeria, NOUN, in a bulletin, said the team, accompanied by the Chief Executive Officer of the Dangote Foundation, Zouera Yousouffou, disclosed the desire of Africa’s richest man to float a unique university of technology with all the necessary infrastructure and best faculty members from across the globe.

In the face of the deterioration of citadels of learning, with the student’s unrest, teachers strike and other industrial actions are the banes of Nigeria’s educational woes. While this is very laudable since the recognition of private ownership of educational institutions was a ploy to help towards salvaging the educational sector’s problems.

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Dangote to Establish University Worth N200 Billion

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