University Farms Urged to Drive Innovation, Boost Revenue

A former Director in the Directorate of Environmental Management, Federal University of Agriculture, Abeokuta (FUNAAB), Dr. Akinpelu Basiru Ojo has called for the transformation of university farms into centres of innovation and sustainable revenue generation.

Dr. Ojo made this call at the 2026 Pre-Season Farming Seminar organised by the Directorate of University Farms (DUFARMS), held recently at FUNAAB.

While delivering his keynote address on the theme of the seminar, “The University Farm as an Incubation Ground for Innovation and Revenue Generation,” Dr. Ojo noted that university farms have evolved beyond their traditional roles into dynamic hubs for research, entrepreneurship, and industry collaboration.

He identified key areas where university farms could drive innovation, including research and development, student entrepreneurship, technology transfer, and interdisciplinary collaboration. He further urged DUFARMS to explore opportunities in commercial agricultural production, value addition and agro-processing, consultancy services, research partnerships, agritourism, and intellectual property commercialisation.

Highlighting potential challenges confronting university farms, the former Director listed inadequate funding, weak industry linkages, climate change, environmental risks, and limited commercial orientation. He, however, proposed strategies for optimisation, including the adoption of agribusiness models, integration of modern technologies, strengthened partnerships, promotion of student-led enterprises, and the development of sustainable value chains.

Reflecting on the evolution of DUFARMS, Dr. Ojo paid tribute to past Vice-Chancellors, beginning with the pioneer Vice-Chancellor, Prof. Nimbe Adedipe, whose vision led to the establishment of the University Farm. He also acknowledged milestones recorded under successive administrations, including the expansion of cashew and oil palm plantations, as well as the establishment of processing facilities for value addition.

He further commended the contributions of past and present staff, alongside former students who have attained notable academic positions, encouraging staff to uphold discipline, integrity, and continuous professional development.

As part of his recommendations for future growth, Dr. Ojo proposed the establishment of crop collection plots, revival of underutilised crops, exploration of cashew nutshell liquid production for revenue generation, and expansion of tree crop plantations such as cashew and oil palm.

Earlier, the Vice-Chancellor, Prof. Babatunde Kehinde, who declared the seminar open, emphasised the importance of collaboration, knowledge sharing, and continuous learning in achieving institutional objectives. He described the seminar as timely and essential, noting that the University was established not only for teaching and research but also for meaningful community engagement, particularly in supporting farmers to enhance productivity.

Prof. Kehinde also commended DUFARMS for its efforts, especially its introduction of value addition initiatives, and urged staff, particularly in livestock production, to scale up activities in poultry, beef, pork, and egg production to improve the visibility and impact of the University Farms.

The seminar concluded with a renewed commitment by participants to reposition DUFARMS as a hub for innovation, practical training, and sustainable revenue generation, in line with global best practices.

FirstBank Sponsors Samuel Okwaraji U-16 Football Championship 2026, Promotes Education Through School Sports

Lagos, 31 March 2026  – FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce its sponsorship of the maiden edition of the Samuel Okwaraji Under 16 Football Championship, a nationwide youth football tournament organised to honour the late Samuel Okwaraji, one of Nigeria’s most celebrated football legends renowned for his patriotism, discipline, and commitment to national service.

The tournament will engage secondary schools from all 36 states and the FCT, in a two-stage competition. The first stage will feature zonal eliminations across the six geopolitical zones, followed by a national final in Abuja featuring the top 12 qualifying teams. The event will also include cultural displays, memorial lectures, and talent scouting opportunities by national team coaches, ensuring a blend of sporting excellence and social impact.

Speaking on the sponsorship, Managing Director and Chief Executive Officer of FirstBank, Olusegun Alebiosu, said: “Football is the strongest unifier of Nigerians. It brings communities together, inspires discipline, and nurtures talents across the country. FirstBank is making a deliberate incursion into grassroots football development with this sponsorship, creating an enabling environment for the next generation of Samuel Okwarajis to discover, refine, and maximise their potential, thereby shaping the future of Nigerian football.”

In his remarks, Senator Osita Izunaso, the Chairman of the Championship Organising Committee commended FirstBank for throwing its weight around the championship. He said “FirstBank’s legacy predates modern Nigerian football. The bank has once again shown that true corporate leadership lies in nation building. We thank FirstBank for their participation in this championship and we hope that other corporates will take a leaf and provide an enabling environment for young ones to thrive in education through sports.”

Through its First@Sports initiative, FirstBank has sustained an unbroken role in promoting the development of football and sports across Nigeria. The Bank is invested in nurturing talent through its ownership of the Elephant Boys Football Team currently competing in the Nigerian National League. The FirstBank Basketball Club popular known as the “Elephant Girls” is also owned by the Bank.

The Bank has supported youth-oriented and sporting initiatives including the National Sports Festival, South-West Youth Games, the Dala Hard Court Tennis Championship for 35 years, Lagos Amateur Golf Open Championship for 65 years, and the Georgian Polo Cup for 105 years.

The Bank’s sponsorship of the Samuel Okwaraji U-16 Tournament underscores its commitment to national unity, empowering communities, and fostering youth development.