The elder statesman made the announcement of the donation at the induction of newly qualified and registered nurses produced by the institution.
The university, Babalola said, was deliberately established to change the face of tertiary education in the country, and ensure graduates of the institution became agents of change, equipped to change the world.
The breakdown of the cash reward indicated that a total sum of N350,000 was received by the best graduating and best well-behaved student, Rosemary Oriwoh Osamudiamen; the rest distinguished students, got N100,000 each, while the only four boys in the faculty received N100,000 each.
According to him, in its barely 15 years of existence, the university has been rated the No. 1 University in Nigeria by the highly respected Times Higher Impact Education Rankings for two consecutive years (2021 and 2022), and Number 221 globally.
The ABUAD founder who stated that he believed in quality education, which can be the to solve the problems of education in this country said, “And by quality education, will bring a justifiable end to illiteracy, bigotry, religious and unnecessary beating of the drum of war.