The Abubakar Tafawa Balewa University, Bauchi and two Canadian Organisations, PRI Global Ventures and International Trade Facilitation Association, Canada, have signed Memorandum of Understanding and Memorandum of Action on Internationalisation and Agribusiness ventures respectively.
The MoU and MoA were signed at the Council Chambers of the University on November 8, 2024, with the Vice Chancellor, Professor Ibrahim Garba, signing on behalf of the University while the Director, Strategy and leadership, PRI Global Ventures and Ambassador to the International Trade Facilitation Association Canada, Prince Collins E. Nwosu, signing on behalf of both international Trade Facilitation Association and PRI Global Ventures Limited Canada.
The Vice Chancellor stated that the University plans to cultivate more than 500 hectres of land at the Gubi Campus of the University in the next rainy season as part of its move to address students’ interpreneuship and sustainability.
He said that to ensure continuity, the University would develop a sustainability policy plan that would aggressively address the financial challenge faced by the university in such a way that government allocation will become the secondary source of funding to the University, adding that the University has to learn to reduce dependency entirely on government funding.
The Vice-Chancellor said “We have to learn to look at other ways of doing things, there are many ways we can reposition this University and place it on the path to sustainability”.
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He said that one viable way the University can become Financially sustainable is in the area of Agribusiness and allied Ventures.
In his brief address earlier, the Director, Strategy and leadership, PRI Global Ventures Limited and Trade, Ambassador to the International Trade Facilitation Association, Canada, Prince Collins E Nwosu said they were in the University to sign the legal framework on the MoU and MoA on this matter.
He assured the university management of the two organizations’ readiness to fulfil their own part of the signed agreement as contained in a statement by Zailani Bappa, Director, Directorate of Information and Public Relations.
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