University of Abuja Introduces Mandatory Company Registration for Graduation

In a groundbreaking move aimed at fostering entrepreneurship and self-reliance among its students, the University of Abuja has made it compulsory for every student to register a company before graduating.

The announcement was made by the Vice Chancellor of the university, Prof. Abdul Rasheed Na’Allah, during a press briefing where he highlighted the institution’s achievements over the past four years.

Addressing journalists, Prof. Na’Allah emphasized the administration’s commitment to transforming the university’s landscape, focusing on infrastructure, learning, and industry partnerships.

In collaboration with the Abuja Chamber of Commerce, the university has revamped its curriculum to include practical entrepreneurial training, equipping students with the necessary skills to establish and manage their own companies.

The move aims to empower students to break away from the traditional mindset of seeking employment after graduation, encouraging them to become job creators rather than job seekers.

By incorporating industry experts and professionals into the learning process, the university provides students with real-world insights and knowledge, preparing them for the challenges of the modern business world.

Notably, the collaboration with the Abuja Chamber of Commerce has resulted in a remarkable outcome, with over 1000 students already registering their companies with the Corporate Affairs Commission (CAC) while pursuing their studies at the University of Abuja.

The institution takes pride in this achievement, as it signifies a tangible step towards nurturing a new generation of entrepreneurs and future business leaders.

The Vice Chancellor revealed that the students who have established companies have not only shown an impressive entrepreneurial spirit but have also been given the opportunity to put their business ventures into practice even before completing their academic journey.

This practical approach allows students to gain valuable experience, preparing them for a successful transition into the professional world upon graduation.

Prof. Na’Allah reaffirmed the university’s commitment to this innovative initiative, stating that it has now become a mandatory requirement for every student to have a registered company with CAC in order to be eligible for graduation.

He further clarified that the students must have registered their companies at least a year or two before their expected graduation date, ensuring that they have ample time to develop and grow their ventures.

The University of Abuja’s visionary step towards promoting entrepreneurship and self-employment is poised to redefine the concept of higher education in Nigeria.

By instilling the spirit of entrepreneurship in its students and equipping them with the tools and knowledge to establish successful businesses, the university aims to create a profound impact on the nation’s economic landscape.