Ghana News & Trends

Don’t use the money for drinking; Start a business or invest – Nduom to graduates he gifted $1,000 each

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Dr. Papa Kwesi Nduom, the founder and Chairman of the Governing Board of the Nduom School of Business and Technology (NSBT), kept his promise to the institution’s first batch of students by giving each of them $1,000 upon graduation.

Over the weekend, each of the first eight students accepted to NSBT earned a cash prize at the school’s inaugural graduation and third matriculation ceremony on the Ayensudo campus.

This gesture commemorated the graduation of NSBT’s inaugural cohort of 25 students and the admission of 90 new students.

Of the graduating class of eight ladies and seventeen men, two received first-class honours, 12 received second-class upper, nine received second-class lower, and two received third-class honours.

Dr. Nduom noted that the COVID-19 outbreak had disturbed his original idea of providing seed money for small business initiatives while studying.

“Some of you graduates may recall a pledge I made to the first eight students who arrived here to establish our university. And that promise was to provide you with funding to establish a business while you are on college. That did not happen, therefore today, once you obtain your degree, everyone of you, the eight students, will receive $1,000 in cash,” he said during the graduation ceremony.

Addressing the graduates, he advised them to use their money carefully, stressing constructive measures above fleeting 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 went on to say.

Dr. Nduom reassured the graduates of the institute’s dedication to their successful career and encouraged them to retain strong relations with the institution.

The Rector of NSBT, Rev. Prof. Daniel Adjepong Nyarko, emphasized the school’s attempts to build collaborations with international colleges, notably in the United States.

A delegate from the Ghana Tertiary Education Commission encouraged graduates to use their education to solve society problems and find work, highlighting the breadth of their acquired abilities.

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