Business

Unilorin signs MOU with Swiss firm, one other for blue economy partnership

The University of Ilorin (Unilorin) formalized a partnership on Tuesday by signing a Memorandum of Understanding (MOU) on Blue Economy with Premium Blue Economy Innovation and Investments Limited and the Porrima Foundation based in Gryon, Switzerland.

Prof. Wahab Egbewole, the Vice Chancellor of Unilorin, endorsed the agreement on behalf of the institution, expressing a commitment to collaborate with relevant entities to promote the study and exploitation of Blue Economy opportunities within the university.

The Unilorin vice chancellor expressed his readiness to transform Unilorin into a hub for Blue Economy training in Nigeria to contribute its quota to the emerging field.

Prof. Egbewole hinted at the prospect of forming partnerships with universities outside Nigeria for research collaborations, as well as for the exchange of staff and students.

He emphasized that this global outlook reflects Unilorin’s commitment to providing a comprehensive and enriching educational experience for its community.

The vice chancellor stated that this initiative would position the institution as a catalyst for sustainable economic development in Nigeria.

Egbewole elaborated on Unilorin’s intention to utilize its expertise to generate ideas with the potential to yield tangible economic benefits.