The Minister of Education, Dr Tunji Alausa, has been lauded as a reformer whose bold initiatives have begun to redefine the way Nigerian students and educators engage with knowledge, skills, and opportunity.
From launching the National Skills Qualification Framework (NSQF), which integrates real-world, industry-driven skills into curricula, to establishing the Nigerian Education Data Initiative (NEDI), which gives policymakers timely insights for smarter decisions, Alausa has shown an unflinching commitment to relevance, inclusion, and excellence, including his latest initiative, a landmark partnership with Amazon Web Services (AWS).
This is coming days after the Federal Government announced the launch of a N50 million Student Grant Venture Capital Initiative aimed at supporting student-led enterprises across Nigerian tertiary institutions.
According to Alausa, the initiative is part of the government’s broader efforts to transform Nigeria into a knowledge-based economy under President Bola Tinubu’s Renewed Hope Agenda.
He explained that the new venture capital initiative would target undergraduate students in their 300-level and above who have viable business models and innovations ready for market expansion.
“This will target undergraduate students in 300-level and above with viable business models and innovations ready for market expansion.
“We have hundreds of thousands of young geniuses across our institutions. This fund is designed to unlock their potential and help them build globally competitive enterprises,” Alausa said.
According to him, the fund will be anchored by the Tertiary Education Trust Fund (TETFund), in partnership with the Bank of India.