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Thursday, 5 April 2018

Kalu establishes N100m endowment chair in UI


…Visits Olubadan, rallies support for Buhari

Former governor of Abia State, Dr. Orji Uzor Kalu,  has established N100 million endowment chair in the University of Ibadan, to help brilliant students of the institution settle down to businesses of their choice; after graduation.
Kalu made this known when he visited the Vice Chancellor, Prof Idowu Olayinka,  in his office, as part of his Peace Advocacy Visit to the South West, which kicked off last weekend, in Lagos, which saw him and his entourage in Abeokuta, Ogun State on Tuesday.
The former governor, who established the chair through his foundation, Orji Uzor Kalu Foundation (OUKF), explained that four best graduating students from the institution would be endowed with N250,000 each, beginning from the next convocation in November.

He explained that the endowment was instituted to encourage young ones and empower them to start-up a livelihood after graduation, saying the beneficiaries would be drawn from the faculties of Social Sciences, Arts and Humanities.
“This programme started five years ago and many students have benefitted from it.
“I am saying it frankly that some of those who have benefitted have made big money from it. We will like to see such happen here also. We are very sorry for coming late but, I hope it will reach the targeted mission.”
Executive Secretary of the foundation, Rev Jemaimah Kalu,  in her address, said the mission of OUKF is to secure a brighter future for all, irrespective of age brackets, and added that the foundation has been putting smiles on the faces of the underprivileged in every part of the country.
She reiterated that four best graduating students in the  Department of Political Science, Economics and Faculty of Social Sciences, of the University of Nigeria Nsukka, have benefited from the kindness of the founder of OUKF.
Mrs. Kalu also disclosed that the best students were endowed with N250,000 each and stated further that the OUKF has initiated a micro  credit scheme for petty traders – Orji Uzor Kalu Foundation Interest Free Loan Scheme, and added that the scheme is in line with the United Nations 2030 poverty eradication and development goals agenda.
She also disclosed that the foundation has also been paying school fees of indigent students, enlightening the public on political issues and health matters, taking care the elderly by giving them money and food, reaching out to women because of its belief in gender equality.
In Abia North senatorial district,  according to her, close to N60 million has been spent by the OUKF to empower scores of people, including petty traders since the beginning of this year, saying the gesture would also be extended to Oyo state and beyond.
“This foundation has done same endowment at the University of Nigeria, Nsukka where four overall best students got N250,000 to start-up their lives. We are not limiting this to the institution, hence our letter to UI, Ahmadu Bello University, Zaria and Obafemi Awolowo University, Ile-Ife.
“We also take care of the elderly and we have also organised seminars and workshops aimed at empowering our unemployed youths. I can boldly tell you that we have done a lot in empowering women and the youths. These are parts of Sustainable Development Goals(SDGs) 2030 Agenda of United Nations.”

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