Michael Ade.Ojo, the founder of Elizade University, has invested N45 billion into the institution, which is now in its 12th year.
The university aims to be globally competitive, producing graduates who are entrepreneurial, innovative, and ethical.
Stephen Ogodo, the Executive Special Duties, made this announcement while celebrating Ade.Ojo’s 86th birthday.
Ogodo highlighted that Ade.Ojo has fulfilled his promise of supporting the university by funding its infrastructural development.
Ogodo stated, “Funding is the major challenge facing Nigerian universities. However, the founder of the University has kept to his promise of nurturing Elizade University to maturity by providing funds for infrastructural development. Mr Michael Ade.Ojo has spent over N45bn on the university project. His unwavering support has enabled the university to move at the desired developmental pace with valuable impacts on the immediate community and Nigeria as a whole.”
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Elizade University, licensed by the Federal Government on February 28, 2012, welcomed its first students on January 6, 2013.
The university follows a strategic developmental plan inspired by Ade.Ojo’s vision.
This includes hiring high-quality faculty and leveraging its infrastructure to achieve excellence. These efforts have led to significant accomplishments in a short time.
At 86, Ade.Ojo’s philanthropy has positively impacted many, especially the underprivileged and senior citizens.
His legacy includes multiple successful businesses, such as Elizade Nigeria Limited, Toyota Nigeria Limited, and Mikeade Property Development Company Ltd.
He also established a vehicle assembly plant in Lagos and one of Nigeria’s best golf courses, Smokin Hills Golf Course in Ilara-Mokin.
“All his employees celebrate him because Chief Michael Ade.Ojo is like a father to all his employees. He hardly sacks his staff except on exceptional cases when the violation touches the core values and principles of the organisation. MR TOYOTA is a living legend, a teacher, a mentor, and a gentleman to the core,” Ogodo added.
