Vice-Chancellor Calls for Stakeholders’ Collaboration to Unlock Economic Potentials of Ota

Vice-Chancellor Calls for Stakeholders’ Collaboration to Unlock Economic Potentials of Ota


“Unlocking Ota’s potentials will require that all stakeholders join hands together towards enhancing opportunities for human development and an improved society.” This was the submission of the Vice-Chancellor, Covenant University, Professor Charles Ayo, at the Ota Economic Platform on Thursday, February 11, 2016.

Professor Ayo, who was one of the Keynote Speakers and Panel Member spoke on the theme, “Unlocking the Economic Potentials of Ota,” at the event which took place at the University Guest House.


The Vice-Chancellor enumerated the areas of economic potentials in Ota, which include education sector with three universities and lots of primary and secondary schools; health sector; industrial estates; growing population of Ota and over 500, 000 people visiting Canaan Land in Ota every week. According to him, all these economic potentials could be harnessed with the formulation of right policies by the government.


Professor Ayo called for collaboration among all the sectors to unlock the economic potentials of Ota. “To achieve this, the business community (the industry), knowledge centres (the universities) and policy makers must come together to work together. We need to join forces to unlock Ota’s economic potentials which will vividly translate into improved human development. We need to build a system that works,” he explained.


The interrelationships of all these stakeholders, according to the Vice-Chancellor, would result in the development of suitable infrastructure using indigenous technology, generation of new lines of suitable potentials, and opportunities for budding entrepreneurs to create more jobs and new products.


The Vice-Chancellor also advised the organisers and the stakeholders to focus on the development of both social and physical infrastructures, which, according to him, are needed to enforce any meaningful change.


“First, let’s set clear targets on what we want to achieve in Ota within the next one to five years. Whatever goals and targets we set, each one will have at least a role to play.


“As we synergise, we unlock these potentials to generate economic opportunities, which come in the form of employment opportunities, improved quality of life, highly educated and resourceful people, improved healthcare, enhanced trading, and improved physical infrastructure,” he advised.