Billionaire and chairman of BUA Group, Abdul Samad Rabiu, on Sunday, handed over a N1bn International Centre for Innovation and Entrepreneurship, built by his personal foundation, Abdul Samad Rabiu Africa, to the University of Maiduguri.
Rabiu did the handing over at the 24th Combined Convocation of the varsity, where he also received an honorary degree in recognition of his significant contributions to national development, education and entrepreneurship in Nigeria.
At the event graced by the Vice President of Nigeria, Senator Kashim Shettima, the billionaire emphasised the centre’s role as more than just a physical structure. He said that he had envisioned it as an innovative hub of ideas, creativity, and practical entrepreneurship.
Rabiu said that the ASR International Centre for Innovation and Entrepreneurship’s genesis, was born from his deep belief in the transformative power of education and entrepreneurship. This commitment was further demonstrated by his substantial investment of 1 billion Naira in the centre embarked upon by ASR Africa.
“In a world where economies are rapidly evolving and Nigeria strides towards renewed hope, centres like this are vital for development. They are the platforms for nurturing our future leaders, innovators, and entrepreneurs. We must not just learn; we must act,” Abdul Samad Rabiu said.
Managing Director/Chief Executive Officer, ASR Africa, Dr. Ubon Udoh, in his comments highlighted the project’s significance. He said that the centre has the potential to spur economic and social growth, offer a global platform for innovative expression and foster partnerships with leading international educational and innovation institutions.
Other dignitaries at the event include Governor of Borno State Babagana Umara Zulum and traditional rulers.
The new centre includes administrative offices, dynamic workstations, creative conceptual hubs, a cafeteria, an extensive library, and an exhibition hall. Additionally, it boasts a 150-seater hall, designed for high-profile presentations and academic conferences.
ASR Africa established in 2021 seeks to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa.
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