Endowment Fund: Ned Nwoko Donates N50M To DELSU

‍By Prince Kay Enuenwosu

The Odogwu of Anioma Nation, billionaire lawyer and philanthropist, Prince Ned Nwoko, on Wednesday donated the sum of N50million naira to Delta State University, DELSU, Abraka, as endowment fund to assist students who want to engage in acquiring special skills.

Nwoko was Special Guest of Honor at the launching of the DELSU Student’s Union Government, SUG Entrepreneurial Community.

Ned Nwoko delivered a lecture on the economy and insecurity during the event with theme: ‘Education and the New World.’

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Ned Nwoko during the lecture gave instances with the economy of UK and Nigeria, stressing that Nigerian students are disadvantaged citing the economic realities.

Ned Nwoko said;
“I love students, because I like the fact that they are studying. It’s an inspiration for me that you are studying; and that is why I decided to come to share my experience with you. I have always believed that the problems of Nigeria are in two folds, economy and insecurity. And of course this is what my political party intends to tackle in their Rescue Agenda for Nigeria.

“Again, basically we are here because of the economy. The event of today is about the need to engage in enterprise that will make you self employed after school other than being job seekers. This purely is an economic activity that is most likely to liberate you from poverty and advance the progress of our society.

“I want to also assure you that I will pursue a financial endowment that seeks to alleviate the stress of young people to start up life on a note of respectability. This is my dream and this is what I hope to achieve for the youths of this country as a Senator of the Federal Republic of Nigeria come 2023.

“On this note, for the purpose of this laudable programme that you have initiated as students of this great citadel of learning under the auspices of the SUG, I will donate the sum of #50 million into an endowment fund that I will name after my two little kids – Munir Halifat DELSU-SUG Endowment Fund.”

“Please note that the criteria to access the fund is your passion for skill that you can turn into an enterprise going forward from your being a student to an employer of labour”, Nwoko pledged.

Speaking, the Vice Chancellor of Delta State University Abraka, Prof. Andy Egwunyenga commended Prince Ned Nwoko for his show of humanity and support, not only to the students but to the entire University community.

Egwunyenga described Ned Nwoko as the best philanthropist the university ever had, stating that the #20million naira Ned Nwoko donated to the Mass Communication Department in time past helped complete its programme accreditation, got the radio station of the department back on track and procured other useful equipments.

“Indeed Ned Nwoko is a blessing to humanity, an unusual philanthropist who derives joy in helping people and making the world a better place,” he said.

Ned Nwoko stormed the Delta State University alongside his beautiful wife and Nollywood superstar, Regina Daniels Nwoko and Dr Micheal Nwoko, SA on Health Monitoring to Governor Ifeanyi Okowa and other important dignitaries.