in africa. for africa.nutmng.org/brochure/nutm_2019_brochure.pdf · 2020-01-28 · donors to take...
TRANSCRIPT
FOR AFRICA.IN AFRICA.
NIGERIAN UNIVERSITY OFTECHNOLOGY & MANAGEMENT
Africa’s great potentialwill only be realized by intensifying training and investment in our people. This is how to provide the competent and purposeful leadership so desperately needed to transform African economies from predominately resource dependent to knowledge- based, prosperous21st century economies. World-class education is the starting point.
SecuringAfrica’s future through world-class education
as a natural progression in their
commitment to Education and
giving back. It is clear that this is an
idea whose time has come. This is
why the Nigerian University of
Technology and Management
(NUTM) was born.
It is this community of sponsors and
partners that have come together to
become the driving force propelling
NUTM forward. Together, we are
combining our resources to build a
world-class institution that will unlock
the potential of Nigeria’s teeming
youth and transform the landscape
of opportunities available to our
future generations. Our challenge
will be to sustain this momentum,
institute proper governance, attract
world-class faculty, build robust
infrastructure, secure funding to
ensure sustainability and produce
top-tier graduates. It is a challenge
that we have accepted, and we look
forward to partnering with you on
this journey.
Dr. Okechukwu Enelamah
Over ten years ago, I was part of an
Aspen Fellowship with a group of
Nigerian business leaders where we
were challenged to conceive one
project that would be
transformative for Nigeria, and
Africa more broadly. One of the
most compelling ideas that came
out of that Fellowship was to build
an educational institution that
would have the kind of impact that
the Indian Institutes of Technology
(IIT) have had on India.
At the time, we did not think we
were ready to champion such an
ambitious project given our various
commitments. About two years ago,
a video went viral on the success of
IIT: its track record of producing
world-class Engineers; global
credibility; its standing that rivals
the most competitive Ivy League
schools; and its impact on India and
the world – producing graduates
who have gone on to lead global
Fortune 500 companies, and
transforming the global landscape.
This video revived the idea of
building a school similar to IIT for
Nigeria, as a number of us asked
ourselves “why not us” and “why
not now”? We aspire to build a
world-class university in Nigeria that
will provide such academic excellence
and rigour, that it will compete with
leading universities around the
world, and produce a pipeline of
leaders that will be equipped to
transform Nigeria. We envision that
this institution will play a central
role in repositioning Nigeria and
Africa for competitiveness in the
21st century. It will provide top-tier
education for our children and
unlock the many benefits that the
ecosystem of a world-class school
will produce. This University will
specialize in Science, Technology,
Engineering, Mathematics and
Management and is positioned to
be a landmark Center of Excellence
that will serve not only Nigeria, but
also Africa and beyond.
As we engaged key stakeholders
and potential partners - individual
and corporate, domestic and
international - on this exciting
project, the responses we have
received have been overwhelmingly
positive. Many see this initiative
The need for higher education
200 Mnyoung people in Africa, making it the youngest population in the world
60%of those unemployed in
Africa comprise the youth
8%enrolment rate in tertiary education, compared to international averageof 22%
18.4median age of young people in NigeriaSource: Nigeria’s National Bureau of
Statistics and Joint Admissions and Matriculation Board
A rising young population and a drive to progress present a unique opportunity to build a world-class university in Africa, for Africa.
Africa’s economic outlook is bright.
The continent is home to five of the
world’s fastest growing economies,
with increased FDI, slowed inflation
and remittances at record levels.
Will this growth be sustained, and if
so, what impact will it have on
African societies? A major challenge
for the region is creating enough
jobs for its growing population. A
recent World Bank report estimates
that as many as 11 million young
people in Sub-Saharan Africa will be
joining the job market every year for
the next decade, and the risks
associated with growing numbers of
urban youth without meaningful
occupation are high.
There is now renewed
acknowledgement of the key role
that universities can play in
economic and social development.
Yet, despite the rapid expansion of
higher education enrolments, there
are serious concerns about the
ability of Africa’s universities to
produce the kinds of graduates who
can lead the region towards a
promising future.
Only 740 universities serving about 660 million of Africa’s1 billion people. In comparison, countries like the United States, have close to 5,300 universities and colleges serving a population of over 323 million.
The best performing university in Africa is the University of Cape Town (UCT) followed by Witwatersrand. Yet UCT is ranked 148 globally in the Times ranking, while Wits is ranked 182.Source: Nigeria’s National Bureau of Statistics and Joint Admissions and Matriculation Board
A growing need in NigeriaCurrently, Nigeria has over 300 combined public and private
institutions of higher education, including universities, polytechnics,
specialized technology colleges, and colleges of education. While
this seems like a sizeable number of institutions, the capacity falls far
short of demand from the education-seeking population. According
to the Joint Admissions and Matriculation Board (JAMB) statistics,
about 1.8 million students took the university entrance examination
in 2018 (and 1.6 million in 2017), but only less than 50% of students
were admitted into these institutions.
The current situation not only puts
the legacy of higher education in
Africa at risk, but also the future of
millions of graduates, who can drive
the continent towards a promising
future. It was with this recognition
that we put into motion the plan of
building a world-class institution –
the Nigerian University of
Technology and Management
(NUTM).
The growing youth of the region
deserve a future-ready institution like
NUTM that bolsters their aspirations
and equips them to become the
leaders that Africa needs. Therefore,
this is not just an endeavor in higher
education but a call to action for
transforming the region’s future.
Creating a legacy for Africa
Africa is better known for its rich natural resources than for its unique knowledge economies and thought leadership. It’s high time we changed this perception
Unique African identity – imbibe and inculcate the region’s cultural context, values, and learning, with an emphasis on solving challenges unique to Africa
Leading Private University in Africafor its student quality, faculty, global ranking and demand
Best in Africa, Best for Africa – Globally benchmarked, but engaged in solving the region’s challenges
10,000 full-time students (8000 Undergraduate students + 2000 Postgraduate and Doctoral students)
Vision 2030Ranked among the top 50 of the world’s best universities for technology and management
NIGERIAN UNIVERSITY OFTECHNOLOGY & MANAGEMENT
MissionNUTM will contribute to the advancement of Nigeria andthe African continent through the development of scientific, technological, and management education and research.
Reinforce Nigeria and Africa’s educational focus on STEM and management curricula
Create an ecosystem of world-class feeder schools and post-graduate STEM and management centers
Catalyze the region’s potential as a technology and entrepreneurial hub, spurring human, financial and technical capital inflows
Produce a pipeline of ‘primed to be leaders’ in STEM and management-related fields, to bridge the existing skill gap
A sustainable approach for success
Building a world-class institution requires continued focus on several areas
that impact the way the University is perceived by academicians, students,
industry and the society. NUTM has been envisioned as a top-ranked
institution that will deliver a lasting impact on Africa and the world.
Key pillars for success
A new-age curriculum that combines academic rigor with a drive for innovation
Equal focus on specializations and general education through STEM learning
Combination of design thinking and entrepreneurial approach
A post-graduate flagship program that establishes NUTM as a transformative institution
World-class curriculum
International partnerships with top-ranked universities and public, private and social sector
Shared vision to build a sustainable model for regional and global impact
Instant global credibility with world-class standards of excellence
Attract leading faculty for developing a relevant curriculum and research focus
Committed partnerships
Draw the most reputable names from our partner institutions across the world
Earn academic credibility and make it easier to recruit permanent faculty
Visiting faculty reduces pressure to urgently hire permanent faculty and fill positions
Create a reputational ground swell by attracting researchers from across the world, especially young PhD scholars
Unique faculty model
Strong governing body including people of national and international eminence
10-20 founders with a role to support vision and drive fundraising for the institution
Academic council to include seasoned and experienced academics in key areas
Dedicated and capable team to ensure end-to-end management
Independent governance
Distributed model of multiple philanthropic donors
The founders will initiate fundraising by making financial contribution towards NUTM
These founders can play advisory and management roles in the functioning of the University
The University will raise funds from earnings on endowments and revenue from fees
Evolving funding model
Why should you support?
In addition to monetary
contributions, we also welcome
donors to take active part in
institution building, by investing
their intellectual energy,
non-financial contributions and
time.
While the University stands to gain
immensely from your contributions,
partaking in NUTM’s journey as a
donor is also a chance for you to
significantly impact the future of
Nigeria and achieve your
philanthropic goals. Therefore, by
supporting NUTM, you can
accomplish the following:
ImpactA significant and lasting impact
on the lives of students
RecognitionCreate recognition for yourself
or your organization
LegacyBe recognized as a Founder and
institution builder beyond your own
lifetime
NetworkBuild a lifelong network with
NUTM’s prolific and vibrant
community
Corporate Social ResponsibilityFulfill CSR goals of your
organization
How can you support?
• Building state-of-the-art
infrastructure
• Ensuring an inspiring and
invigorating learning experience
• Maintaining robust financial
conditions and ensuring
budgetary flexibility
• Making education at NUTM
accessible to all students on merit,
regardless of their economic
conditions
Capital giving will be especially
crucial for NUTM in these early
rounds of fundraising. This can be in
the form of endowment gifts,
At the heart of any great institution
are the initial believers and
supporters, who generously support
the evolution of an idea into an
institution. For an initiative of such
grand scale and vision, support
from benefactors and philanthropic
partners like you is crucial. Your
support will provide immediate and
critical resources to make this
University a reality and achieve
objectives essential for its success.
• Sustaining a high quality of
academic programs
• Recruiting and sustaining
best-in-class faculty
restricted current use gifts,
unrestricted use gifts etc.
Contributions to the University can
be made in the form of varied
assets like direct capital,
appreciated securities, real estate,
appreciated assets and business
interests.
The Nigerian University of
Technology and Management has a
robust giving program with multiple
ways to support the University
while fulfilling your philanthropic
goals.
Nothing significant was ever achieved without great minds coming together for a purpose.
NIGERIAN UNIVERSITY OFTECHNOLOGY & MANAGEMENT
For detailed discussions about waysto support NUTM, kindly get in touch with our team members at [email protected] orcall +234 1 466 2034