To effectively tackle the pressing issues of poverty and youth unemployment in Nigeria, In 2023, the ABUAD Directorates of Part-time Studies and Open and Distant Learning have launched an initiative aimed at providing accessible and affordable higher education through discounted degree programs. This comprehensive program is designed to cater to the unique needs of working students and those from low-income backgrounds, ensuring that education remains within reach for all.
Key features of the initiative include significantly reduced tuition fees, making higher education more affordable. Additionally, the program offers a flexible learning structure that combines both physical and virtual classes. This format allows students to choose the mode of learning that best fits their schedules, making it easier for them to balance academic commitments with their professional responsibilities.
To further support students, the program includes a flexible payment plan that allows tuition fees to be paid in three convenient installments. This option is crucial for students who may struggle to pay lump sums upfront, as it enables them to manage their financial commitments more effectively.
In 2023, the program expanded its offerings to include free access to an extensive range of online library resources. This valuable addition ensures that students have the necessary materials and support to complete their education successfully, regardless of their location.
Recognizing the financial challenges that many low-income students face, the initiative also provides microcredit facilities and education insurance. These resources are designed to support students in overcoming unexpected hardships that could adversely impact their studies. ABUAD has formed a partnership with Mutual Benefit Assurance Limited to handle the education insurance aspect, ensuring that students have a safety net in times of need.
Moreover, ABUAD has collaborated with Confident Microfinance Bank to provide soft loans specifically targeted at students from low-income households. This partnership aims to alleviate the financial burdens that often hinder academic progress, allowing students to pursue their degrees with greater confidence and reduced financial stress.
Through these concerted efforts, ABUAD is committed to fostering an inclusive educational environment that empowers students, enhances their employability, and ultimately contributes to the socio-economic development of Nigeria.
https://punchng.com/abuad-begins-discounted-part-time-studies-for-youths/
In 2023, a donation of 10 million pounds was made by the Founder/Chancellor to improve access to affordable and quality education for low-income households in Africa. This initiative, which supports transnational education between Afe Babalola University and King’s College, London, has had a positive impact, resulting in the enrollment of 250 young adults in higher education programs.
Furthermore, the ABUAD Alumni Association has established financial support funds to assist students from low-income households, helping to alleviate their financial challenges. Additionally, all students at the university received financial assistance in 2023, including 100,000 Naira for food supplies and 50,000 Naira for health emergency insurance.
https://www.kcl.ac.uk/internationalisation/collaborate-with-the-afe-babalola-centre
https://www.kcl.ac.uk/internationalisation/afe-babalola-centre
Youth Empowerment in Agri-business & Sustainable Agriculture (YEASA) scheme (2019 to 2023)
ABUAD has since 2019 been running the Youth Empowerment in Agri-business & Sustainable Agriculture (YEASA) scheme, which aims to provide free education and training on agri-business to 1,500 youths from low-income backgrounds in agricultural techniques. The program has already graduated 4 cohorts of young, technically smart, and well-trained agri-entrepreneurs who have received significant financial donations from Babalola, which has enabled them to start their agricultural ventures. Youth Empowerment in Agri-business & Sustainable Agriculture (YEASA) scheme Report from 2019 to 2023
YEASA-PROJECT-REPORT-2019-to-2023ABUAD, UNESCO train Ekiti youths on agripreneurship
Afe Babalola University Ado-Ekiti (ABUAD) is the proud recipient of the UNESCO Chair in Entrepreneurship Education for Sustainable Development in April 2019. The UNESCO Chair was officially inaugurated on October 04, 2019 in Owolabi Hall, ABUAD by Mrs. Florence Oguah, The Secretary General of the Nigeria National Commission for UNESCO. The Four activities of the Chair that are planned for implementation annually have been enumerated and financial sources to implement them will be sought.
In the 2022 to March 2023 reporting year, participants were trained by the ABUAD UNESCO Chair on Entrepreneurship Education for Sustainable Development in the following major areas vis:
1. Build a critical mass of agricultural entrepreneurs in:
- Fishery Production – Table fish enterprise
- Fishery Value Addition – smoked fish enterprise
- Moringa Value Addition – Moringa Hair Cream and Moringa Soap enterprise
- Fabrication – Transformation enterprise
- Empower Youths and Girls in Fumigation Agripreneurship
- Carry out Agricultural Exposition for Farmers in Ekiti including Monetary Empowerment to the best farmers (Four hundred and one – 401 farmers) in the sixteen local governments of Ekiti State Nigeria
Click here to continue reading the ABUAD UNESCO TRAINING AND MONITORING REPORT 2022 to 2023
2023-UNESCO-MONITORING-INSRUMENTS-for-ABUAD-UNESCO-CHAIR-FOR-ENTREPRENEURSHIP-EDUCATIONBottom Financial Quintile Students Success 2023
2023-Bottom-Financial-Quintile-Student-Success-DataBottom Financial Quintile Students Success 2022
Bottom-Financial-Quintile-Student-Success-Data2023 ABUAD AND EKITI STATE GOVERNMENT POLICY DOCUMENT ON POVERTY ERADICATION
2023-ABUAD-AND-EKITI-STATE-GOVERNMENT-POLICY-DOCUMENT-ON-POVERT-ERADICATIONRelated post in 2019: https://guardian.ng/news/abuad-unesco-train-ekiti-youths-on-agripreneurship/
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