Federal University of Entrepreneurship and Innovation Ore (Establishment) Bill

A Bill establishes a federal university in Ore, Ondo State, specializing in entrepreneurship and technology commercialization. It aims to develop job-creating entrepreneurs and tech innovators for the knowledge economy. This initiative supports the startup ecosystem and drives industrial growth.

Federal University of Entrepreneurship and Innovation Ore (Establishment) Bill Policy Overview

What Is This Policy?

A bill to establish a first-of-its-kind federal university in Ore, Ondo State, with a specialised mandate in entrepreneurship, innovation, and technology commercialisation to drive Nigeria's knowledge economy and startup ecosystem.

Who Does It Target?

Aspiring entrepreneurs, tech innovators, and startup founders Students interested in business, technology, and social enterprise Host communities in Ore, Ondo State SMEDAN, BOI, and the startup ecosystem

What Does It Aim to Achieve?

Create Nigeria's first federal university with a primary mandate in entrepreneurship education Develop a pipeline of job-creating entrepreneurs rather than job-seeking graduates Serve as an innovation hub connecting academia with industry and investors Reduce youth unemployment through enterprise skills development

Key Features

Current Status

Funding: Federal budget, TETFund, and targeted private sector partnership funding

How to Access

Upon establishment, admission via JAMB UTME and institutional screening. Requirements: Five O-Level credits including English and Mathematics JAMB UTME score above cut-off mark Post-UTME assessment including entrepreneurship aptitude evaluation Application method: JAMB portal (www.jamb.gov.ng) upon commencement of admissions

Impact & Metrics

Nigeria's graduate unemployment rate exceeds 30%; an entrepreneurship-focused university model could transform employment outcomes for a significant proportion of graduates.

Official Resources

Website: www.education.gov.ng | www.nuc.edu.ng Contact: Federal Ministry of Education — [email protected] Federal Republic of Nigeria — Policy Summary Document | March 2026

Legal Framework

Constitution of the Federal Republic of Nigeria 1999; National Universities Commission Act; Education (National Minimum Standards and Establishment of Institutions) Act; Federal Universities (Miscellaneous Provisions) Act