The Vice Chancellor of the University of Ilorin, Prof. Wahab Olasupo Egbewole, has vowed to equip students with practical entrepreneurial knowledge alongside their academic training, ensuring they graduate with both business acumen and laudable academic qualifications.
Prof Egbewole, who stated this last Thursday (July 10, 2025) while welcoming a delegation from the Corporate Affairs Commission (CAC) in his office, stressed that the University’s goal is to create a robust platform for students to acquire practical business experience, which he described as vital for national development.
He emphasised that simply graduating with a B.Sc. or B.A. is no longer sufficient in today’s economic climate.
“It is important to emphasise that we must build jobs for our graduates. Leaving the University with just a degree is no longer a sustainable option. Our role is to guide the students on what to do and how to do it so that they can create and scale up their businesses legally”, Prof. Egbewole said.
The Vice Chancellor added that the University’s planned Innovation Hub, when completed, will further support this vision by helping students to become more entrepreneurial and self-reliant after graduation.
Prof. Egbewole commended the CAC for its coordinated efforts and assured the delegation that the university was ready to create pathways for students to benefit from government-backed enterprise initiatives.
Speaking earlier, the Head of the CAC delegation, Mr Adeoti Tunde, an alumnus of the University, explained that the visit was on behalf of the Registrar-General and Chief Executive Officer of the Commission, Mr Ishaq Hussaini Magaji, SAN.
Mr Adeoti explained that the visit aimed to strengthen collaboration with the University to ensure that students gain practical business experience alongside their formal education and to support the government’s policy of embedding vocational centres in tertiary institutions, helping students discover and develop their skills.
“The number of available jobs in society is far below the number of graduates we produce yearly. The government aims to raise job creators, not just job seekers”, he said.
He highlighted President Bola Tinubu’s recent commitment to boost national development through grants and loans provided by government institutions such as the Bank of Agriculture and the Bank of Industry, whose capital bases have been significantly increased to support entrepreneurship.
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