The Federal Government has announced the launch of a N50 million Student Grant Venture Capital Initiative aimed at supporting student-led enterprises across Nigerian tertiary institutions.
The Minister of Education, Dr. Tunji Alausa, disclosed this during the inauguration of the Research and Innovation Commercialisation Committee (RICC) held on Tuesday in Abuja.
According to Dr. Alausa, the initiative is part of the government’s broader efforts to transform Nigeria into a knowledge-based economy under President Bola Tinubu’s Renewed Hope Agenda.