Ned Nwoko sets up N50m Endowment Fund for Enterprising DELSU Students.

Ned Nwoko sets up N50m Endowment Fund for Enterprising DELSU Students.

Hon. Prince Ned Nwoko, a Delta-born billionaire and Special Guest of Honor to the Launching/Unveiling of Delta State University, DELSU Students’ Finance Ministry, and SUG Entrepreneurial Community, has given a staggering sum of N50 million as an endowment fund to help students at the institution who would want to engage in learning specialized skills for future endeavor.

Ned Nwoko and Regina Daniels

Following a moving talk on the economy and insecurity with the subtitle “Education and the New World,” Nwoko made this gift right away.

The thoroughbred English-trained lawyer stated that in a system that is intended to provide for everyone’s security and welfare, this circumstance frequently leaves the young people frustrated, desperate, and without chance of survival.

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“I adore students, because I enjoy that they are studying,” he said. I find your academic pursuits to be an encouragement, which is why I came to talk to you about my experiences.

“On this point, I will gift N50 million to an endowment fund that I will name after my two young children – Munir Halifat DELSU-SUG Endowment Fund – for the purpose of this admirable program that you have started as students of this great bastion of learning under the aegis of the SUG. Please take note that the prerequisite for receiving funding is your desire to develop a skill that you can turn into a business once you transition from being a student to an employer of labor.

Prof. Andy Egwunyenga, vice chancellor of Delta State University Abraka, praised Prince Nwoko for his compassion and support for not just the students but also the entire university community in his message of goodwill.

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