Billionaire industrialist Aliko Dangote, has promised that construction of the N250 million University of Ibadan Business School he pledged is soon to be completed.

The Chief Executive of the Aliko Dangote Foundation, Zouera Youssoufou, affirmed that the “construction is currently on-going and the project will be delivered to the university in February 2018.”

Undertaken by the Aliko Dangote Foundation, the UI Business School was promised by the business mogul last year during a convocation ceremony by the university when he was conferred honorary doctorate degree.

The school’s management stated that the building will be named ‘Aliko Dangote Complex’.

The business mogul is also constructing similar project in the Bayero University Kano (BUK) and  would be ready for hand over to the university management soon.

These infrastructural contributions are part of a N2 billion investment by the Aliko Dangote Foundation, across various tertiary institutions, to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities.

On the Bayero Business School, the Foundation boss explained that on commencement, the business school will be only the third accredited business school in the country and the first in the North, others being University of Lagos Business School and University of Ibadan Business School.

Other ventures

According to ThisDay, the Foundation is currently involved in N10 billion micro grants to women in all 774 local governments across the federation in a bid to ameliorate widespread poverty in Nigeria by empowering the women and the vulnerable in the society.

The fund has been disbursed in some states such as Lagos, Kogi, Jigawa, Kano and a host of others while Nasarawa, Niger and Osun States are being primed for the next round disbursement.