Mr Peter Obi, the presidential candidate for the Labour Party (LP), presented N50 million to Shanahan University in Onitsha on Monday.

Speaking at the institution’s ceremonial inauguration ceremony, Obi underlined his commitment to any effort that aims to improve people’ educational levels.

He emphasized the importance of education over oil, claiming that information, rather than oil, will be the money of tomorrow.

He praised the church for founding the school, recognizing the church’s important role in developing educational institutions worldwide.

He answered, “You are preparing for the future. Great men are recognized for thinking ahead. The church established all of the world’s major universities.

“The world has just one currency: knowledge. Forget oil. The level of minerals no longer determines a country’s future; rather, knowledge does.

“The future will be measured in terms of health and education.” Knowledge drives and transforms the world. That is why we need to take education seriously.

Obi went on to say that he had never been desperate in politics, only to see Nigeria succeed.

Earlier, Valerian Okeke, Archbishop of Onitsha, praised the former governor for consistently associating with the church, particularly in the area of education.

Obi Oguejiofor, the institution’s Vice Chancellor, has stated that students will have free internet access till January and free lunch.

He thanked the Archbishop for his vision and divine inspiration in establishing the university, just as he urged Reverend Fathers to sponsor at least one student’s scholarship in the university.

“Today is special, students are now with us, it took us long time to prepare for their coming. Every Nigerian university claim great, but we’re greater. Today we have both the university and youth village

“We want the best from you, with fully developed talents. You will have free unlimited internet facilities from now to December. “Free lunch will also be served,” he added.

Currently, the university has approximately 200 students and wants to construct a 1,500-seat auditorium.