University of Ilorin’s best graduating student annually to receive N16 Million award, Sunbeth Global pledges

By Aliyu Adam 

A leading Nigerian agro-commodities sourcing and trading company, Sunbeth Global Concepts Limited, has announced its plans to institute a multi-million naira annual reward scheme for outstanding students of the University of Ilorin as part of efforts to advance academic excellence and strengthen industry-academia collaboration.

The initiative tend to award N10, 000,000 to the over all best graduating student of the University each year, as well as additional N6,000,000 to be shared among three top-performancing students selected by the company from three different Departments.

This was made known during a courtesy visit by the representatives of the company to the Vice Chancellor of University of Ilorin, Prof. Wahab Olasupo Egbewole, SAN, on the modalities of the proposed partnership.

Speaking at the meeting, the Vice Chancellor commended the company for identifying the University as one of the beneficiary institutions under the scheme, saying that the gesture aligns with broader efforts to reposition the nation’s education sector through meaningful private sector participation.

“The decision made by the company to invest in education is a commendable and forward-looking initiative”, said Prof. Egbewole.

While highlighting the fortune behind the relationship built between the University and the company, the Vice Chancellor called on other corporate organisations to emulate the initiative, for the national development.

Speaking earlier, the Programme Lead of the Sunbeth Excellence Partnership Programme (SEPP), Mr Habeeb Yekeen, described the initiative as a strategic intervention aimed at promoting merit, innovation and value-driven achievements within the University.

He explained that the Academic Distinction Award would be conferred on the overall best graduating student of the University, irrespective of Department or discipline, thereby establishing a unified benchmark for excellence across all academic programmes.

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For the SEPP Scholar Award category, Mr Yekeen noted that participating Departments would be carefully selected, after which eligible students would be invited to apply. From the selected Departments, three outstanding students would emerge as SEPP Student Scholars, bringing the total number of beneficiaries across departments to nine.

He stated that from the pool of nine scholars, the top three performers will receive a cash award of N2,000,000 each, based on outstanding academic performance and overall assessment within the programme.

Beyond financial rewards, the initiative tend to provide long-term developmental value as beneficiaries under the SEPP Scholar as the category will be enrolled in a comprehensive support system that includes mentorship by professionals within the Sunbeth Global Concepts Limited, internship placements, and exposure to industry-relevant practices”, he concluded.