Chairman of Toyota Nigeria and the proprietor of Elizade University, Ilara Mokin, Chief Michael Ade Ojo, has doled out N8 million scholarship to five deserving students of the institution to enable them complete their education.
Also as a plus to the new university, the National Universities Commission (NUC) has permitted it to run a faculty of engineering with 17 new programmes approved for the institution.
The new programmes include Mass Communication, Biochemistry, Biotechnology, Automotive Engineering, Applied Geophysics, Economics, Performing Arts and Films, Tourism and Hospitality Management, Civil Engineering among others.
Addressing newsmen on the development in the University, its Vice Chancellor, Prof. Valentine Aletor, said the founder of the institution came up with the scholarship in order to award academic and moral excellence.
Aletor pointed out that while students with high grades would be rewarded, the founder of the institution had also decided that no student that is good academically and morally is allowed to drop out of the school on account of non payment of school fees.
He said the university had also designed a Community Corporate Responsibility programme that would make students from the immediate community benefit from the scholarship scheme.
The VC explained that each of the five beneficiaries would be given N1.6 million that would settle their school fees for the remaining three academic sessions thy would spend in the school.
Also, three students with CGPA 4 point above were awarded the scholarship, while two indigent students from Ilara Mokin community also benefited.
Speaking on the new courses to be offered by the university, Aletor said the accreditation officials of the NUC were at the university to inspect the facilities on ground and they had also approved the take off of the courses.
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