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Unilag VC Lauds Adenuga on Professorial Chair Endowment

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Globacom Chairman, Adenuga

CEM REPORT, ENTREPRENEURSHIP | Vice Chancellor of the University of Lagos, Professor Folasade Ogunsola, has lauded the Chairman of Globacom, Dr. Mike Adenuga for supporting the university in enhancing the frontiers of entrepreneurial academic knowledge and skills acquisition through the endowment of a professorial chair in the school.

She spoke at a lecture delivered by the first occupier of the Dr. Mike Adenuga Jr. Professorial Chair in Entrepreneurial Studies, University of Lagos, Professor Sunday Adebisi, who also doubles as the Director of Entrepreneurship and Skill Development Centre of the university.

According to the Vice Chancellor, the Adenuga Professorial Chair’s Board of Trustee’s determination is pushing the university closer to the fulfillment of a common goal between Dr Adenuga and the institution by using the “chair to jointly explore novel avenues that would not only address the economic challenges we face but also clear the way for our children to grow up in a sustainable and prosperous future”.

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The lecture, according to Professor Taiwo Osipitan, Chairman of the Board of Trustees of the Dr. Adenuga Professorial Chair, was intended to examine how to incorporate entrepreneurship challenges and generate profitable employment in the nation, a dream dear to the heart of Dr Adenuga.

Professor Adebisi, in his lecture, called on governments at all levels to embrace “everythingprenuership” to ensure value creation in the country as this will help to address the issues of deprivation, hunger, unemployment, and emigration, know in Nigeria as “japaism” and move many informal businesses into the formal sector.

The Professorial Chair lecture was entitled, ‘Revolutionizing the Nigerian Economy to Create Jobs and Sustainable Wealth. The Sole Ladder, The Sole Option, The Sole Platform’.

Everything happening in and around Nigeria, he claimed, presents a window of opportunity to be explored. He explained that if Nigerians were given guidance and well-thought-out policies introduced, they would help the country generate enormous wealth.

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“Government should identify possible innovations in the areas of their strength and motivate the citizens to pursue enterprise opportunities there. The three tiers of Government must make a deliberate effort to support the democratization of innovation and entrepreneurship from the next academic session in all levels of education in Nigeria with a good monitoring team at all levels”, Professor Adebisi added.

The Mike Adenuga Professorial Chair in Entrepreneurial Studies was endowed in 2008 in the university in order to promote entrepreneurship research, pave a new path for entrepreneurship knowledge and practice, and foster the establishment of businesses in the context of Nigeria’s developing democracy.

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