The Federal University of Technology, Owerri (FUTO), led by Vice-Chancellor Nnenna Oti, has unveiled a groundbreaking initiative, allocating N30 million for the upliftment of its host communities and the enrichment of student education. This move underscores FUTO’s commitment to societal development and academic excellence.

Vice-Chancellor Oti, at a recent press briefing, shared details of the three-phase program designed to bridge the gap between the university and its neighboring communities. The first phase, named the Host Community Scholarship Scheme, involves an annual allocation of N10 million. This fund will benefit 100 students, with each receiving N100,000. The scholarship targets academically bright but financially challenged students, aiming to ease their educational journey and open doors to greater opportunities.

Moving beyond educational support, FUTO has introduced the Poverty Alleviation Project in its second phase. Recognizing the challenges faced by its host communities, the university has dedicated another N10 million for this cause. This fund will be distributed annually among FUTO’s 10 host communities, directly impacting 100 indigent women and youths. Each beneficiary will receive N100,000, a financial boost designed to empower them to start or expand small businesses, thereby fostering economic growth and reducing poverty in these areas.

The third and final phase of this initiative, the Community Development Project, allocates a further N10 million annually. This fund is unique as it involves a participatory approach where the host communities will identify and decide on a development project. This project aims to build a sense of ownership and collaboration between FUTO and its host communities, promoting sustainable development tailored to the specific needs of these areas.

“These initiatives are not just about financial support; they are about building lasting relationships and creating a positive impact in our host communities,” Vice-Chancellor Oti stated.

FUTO’s dedication to community and academic excellence is also evident in its upcoming convocation ceremony. This event will mark the combined graduation of the 2020/2021 and 2021/2022 academic sessions, which were previously delayed due to the Academic Staff Union of Universities strike. A total of 5,091 students will graduate, with the ceremony honoring their academic achievements and resilience.

The 2020/2021 graduating class boasts 57 first-class graduates, 1,086 second class upper, 2,477 second class lower, and 245 third class degrees, totaling 3,865 graduates. The following year saw similar success, with 63 students graduating with first-class honors, 591 with second class upper, 544 with second class lower, and 28 with third class, summing up to 1,226 graduates.

These initiatives and the upcoming convocation are a testament to FUTO’s unwavering commitment to nurturing talent and supporting its surrounding communities. By investing in education and local development, FUTO is not only fostering academic excellence but also contributing significantly to the socio-economic development of its region.