MUSWEN holds Endowment Fund Launch


 The Muslim Ummah of South West Nigeria (MUSWEN), an umbrella body for Muslims in the Southwest, will on Sunday, September 25, 2022, hold a launch of N10 billion Endowment Fund.

The event is scheduled for Oriental Hotels, Victoria Island, Lagos.


A statement by Chairman, Organising Committee, Alhaji Lere Alimi and MUSWEN Executive Secretary Prof. Muslih Yahya, said the fund was meant to build a world-class National Secreatariat, Resource and Entrepreneural centre in Ibadan, Oyo State.

The centre, according to the statement, will primarily be designed to help youths acquire functional commercial skills, capacity development to start and grow business and open access to funding and financing opportunities.


“The centre is designed to have many components including entrepreneurial centre for business development services, counselling, training and skill acquisition services, 100-guest chalets, Jumah mosque, shopping and multi-purpose halls, banquets and restaurants among others,” it added.

Guests expected at the launch include all the Southwest governors, lawmakers, royal fathers, ministers and captains of industry.

The All Progressives Congress (APC) Presidential Candidate Asiwaju Bola Ahmed Tinubu, his People’s Democratic Party (PDP) and New Nigeria Peoples Party (NNPP) counterparts, Atiku Abubakar and Rabiu Kwankwaso, the Awujale of Ijebuland Oba Sikiru Adetona and Sultan of Sokoto and President-General, Nigeria Supreme Council for Islamic Affairs (NSCIA) Alhaji Sa’ad Abubakar, he said, will lead other guests to the event.

Among the personalities expected are Chairman, Rite Foods Ltd, Alhaji Sulaimon Adegunwa; Chairman and Founder, Fate Foundation, Alhaji Tajudeen Fola Adeola; and Baba Addini of Lagos Sheikh Afeez Abou while President, MUSWEN and Deputy President-General (South), NSCIA) Alhaji Rasaki Oladejo will be the host.

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