Founder and Chairman of the Governing Board of the Nduom School of Business and Technology (NSBT), Dr. Papa Kwesi Nduom, honoured a commitment to the institution’s first batch of students by awarding each $1,000 upon their graduation.
At the school’s inaugural graduation and third matriculation ceremony held at their Ayensudo campus, the initial eight students admitted to NSBT were each presented with the cash award over the weekend.
This significant gesture marked the graduation of NSBT’s inaugural cohort of 25 students, coinciding with the admission of 90 new students.
Among the graduating class, comprising eight females and 17 males, two achieved first-class honours, 12 attained second-class upper, nine secured second-class lower, and two obtained third-class honours.
Originally envisioned as seed money for small business ventures during their studies, Dr. Nduom revealed that the plan was disrupted by the COVID-19 pandemic.
“Some of you graduates may recall that I made a promise to the first eight students who came here to start our institution. And that promise was to give you some money as capital to start a business while you were here on campus.
That did not happen, so today after you receive your degree, each one of you, the eight students, will receive $1000 in cash,” he stated at the graduation ceremony.
Addressing the graduates, he urged them to invest the money wisely, emphasising productive measures over transient pleasures.
“I don’t want you to use the money for drinking and eating, but to find productive measures to start a business or invest the money for the future,” he said.
Dr. Nduom reiterated the institute’s dedication to facilitating the graduates’ employment and encouraged them to stay connected with the institution.
The Rector of NSBT, Rev. Prof. Daniel Adjepong Nyarko, emphasised the school’s initiatives in forging collaborations with overseas universities, notably in the USA.
A spokesperson from the Ghana Tertiary Education Commission advised the graduates to utilise their education in addressing societal challenges and pursuing employment opportunities, highlighting the adaptability of their acquired skills.