<\/p>\n
Chancellor Tunji Olowolafe of Ekiti State University has announced the establishment of a N1 billion innovation fund aimed at empowering agro-tech enterprises.<\/p>\n
The initiative was unveiled during the university’s 28th convocation held on April 3-4, 2024, according to a statement released by the institution.<\/p>\n
Olowolafe emphasized the crucial role of driving innovation and enterprise in agriculture to enhance food security across Nigeria, recognizing the immense potential for innovation and inclusive growth within local agricultural communities.<\/p>\n
“Agriculture stands as the backbone of our nation, and it is here that I see the greatest potential for innovation and economic prosperity. The N1 billion innovation fund is designed to empower agro-tech companies founded by present graduates and students of our great Ekiti State University,” he stated.<\/p>\n
The chancellor urged students and academics to actively participate in food production efforts. He proposed the optimization of the university’s fertile lands for agricultural purposes, enabling students to lease small plots and gain hands-on experience in farming while earning a living.<\/p>\n
“Today, Your Excellency, the general discussion in Nigeria is about the cost of living and food security. All of us eat. But many of us do not think about what we eat, how it is produced, and how it gets to our table. These are very important questions.<\/p>\n
“My view is regardless of what we are studying at university, we must all think about how we can do our bit to produce food. This means both the academic and student faculties must come together to think and act,” he added.<\/p>\n
The initiative aims to encourage entrepreneurship, innovation, and sustainability in the agricultural sector while fostering economic growth and development within the region.<\/p>\n","protected":false},"excerpt":{"rendered":"
Chancellor Tunji Olowolafe of Ekiti State University has announced the establishment of a N1 billion innovation fund aimed at empowering agro-tech enterprises. The initiative was unveiled during the university’s 28th convocation held on April 3-4, 2024, according to a statement released by the institution. Olowolafe emphasized the crucial role of driving innovation and enterprise […]<\/p>\n","protected":false},"author":12,"featured_media":26722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180],"tags":[],"class_list":["post-26721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/26721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=26721"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/26721\/revisions"}],"predecessor-version":[{"id":26723,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/26721\/revisions\/26723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/26722"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=26721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=26721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=26721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}