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Ajegunle Business School receives accolades for empowering 323 youths

Ademola Damilola by Ademola Damilola
August 23, 2025
in Business, News
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Top-notched Ajegunle Business School, ABS, have received thumps up from Hon Kolawole Taiwo, the former Deputy Speaker, Lagos State House of Assembly.

The lawmaker showered the praises during the 7th edition of ABS 2025, Ajegunle Economic Summit, Business Fair & Exhibition.

Hon Taiwo noted that the business school has been doing great in that part of the state, churning out entrepreneurs that is thriving in their various sectors in Ajegunle.

“I like the ABS because they are doing great in this clime, which is like me, popularly called Mr Ajegunle in the House”

Hon Taiwo used the opportunity to encourage participants to keep hope alive because “this is the first time Nigeria has a hardworking President who means well for the country.

His words, “Nigeria before now is a country that relied wholly on imports but presently, we have seen a President that is bent on changing the trend to make Nigeria export based.”

According to the former House of Representatives member, President Tinubu has good intentions for Nigeria because far back in 1975, Nigerians were exposed to importation. For every import into the country without any corresponding export, it has a toll on the economy and it kills the economy, he explained.

He noted further that subsequent governments have shied away from solving the imports, exports deficit or find solutions to the deficit in export and it’s tolls on our economy. However, President Asiwaju Bola Ahmed Tinubu’s government has the will power to change the narrative, through creating a Nigeria with a productive economy and everyone must give him the necessary support.

Keynote speaker, Stanley Oghene Abraham a real estate entrepreneur, encouraged the youths and other guests with his personal experience, giving them insights on business tips that will help them succeed.

He said, if he had looked at the circumstances surrounding him while growing up, he wouldn’t have been a successful businessman. His father, he revealed, died few days to his admission into the University and it was only his mother, a vegetable vendor at Alaba- Suru that took care of him and his other five siblings.

He was able to train himself in the University, where he graduated with a degree in accounting. Today, all the six of them are graduates and are doing well in their various businesses.

He therefore tasked the youths not to allow any circumstance deter them from achieving their life ambitions. He asked them to do whatever legitimate things they find with all their might, as if their entire lives depend on it.

Abraham further encouraged them to leverage Information Technology as he disabused the participants minds on the believe that  Ajegunle is a disadvantaged place noting that the city has produced great minds.

Sharing his experience with other participants, a 22 year- old civil engineering graduate, who is also the Managing Director of Switch Enterprise, opened up on how he was lured into fraud by his peers. However, he received deliverance later and refocused his priorities with the help of the school. Today, he can share his success story with other youths.

”A friend lured me into fraud businesses and he bought me expensive phone to work for him. Since I came out of it, I feel fulfilled and I have been going round different locations training youths on different IT skills like: graphics designs and networking. We have an event tagged, FESTAC Biggest Graphic Design Challenge, all meant to engage the youths and keep them focused and away from fraud”, he narrated.

Another special guest at the event, Kafait Balogun, the Creative Director of a Fashion Academy, who received award at the event said, she is passionate about the Ajegunle girl child. She however urged them to understand and believe in themselves.

Sunshine Foundation represented by the Head of the Directorate of the foundation expressed joy at the award that was given to them because it is an encouragement to do more for the people.

The CEO Ajegunle Business School, Alfred Kounughe, said, the 7th edition of the Ajegunle Economic Summit, Business Fair & Exhibition, themed; ‘Fortune at the Bottom of the Pyramid’ makes him happy because the Ajegunle Business School has successfully empowered and mentored about 323 Ajegunle youths, who have equally created business opportunities that have employed several others.

In his speech, the Ajeromi LGA Chairman Olanilekan  Olu Akindipe thanked the school for their impact in the business environment in Ajegunle.

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