Friday 12 December 2014

FUTA student wins verve cashless campus challenge




The winning stride continued at the Federal University of Technology, Akure (FUTA) recently, as Ajijola Gbolahan, a 400-Level student of the Department of Transport Management Technology [TMT] came first at the Verve Cashless Campus Challenge 2014 held at Verve International Head Office, Victoria Island, Lagos.

Ajijola emerged the winner, after his entry for the competition was chosen by the panel of judges over those sent in by students from 20 other universities from across the country.

11 finalists which comprised three FUTA students: Ojo Oluwole, Michael John and Ajijola Gbolahan; two from University of Ilorin; two from the University of Port-Harcourt; one from University of Calabar; one from the University of Lagos; one from the University of Nigeria, Nsukka, and one from the University of Makurdi, were picked from a pool of 400 applicants who were involved in the race at the start of the competition.

Ajijola, whose presentation was based on creativity and workability won with his proposal on the solution to the fare payment problem on campus, using a form of mobile ticketing platform amongst other payment options.

In addition to the cash prize of N500, 000, Ajijola and other winners would also be given the opportunity to deploy their concepts in their respective campuses to popularise the concept for students to imbibe the cashless policy.

The competition is designed to increase students’ understanding of a cashless society which will enable them proffer innovative and practical solution to payment problems within their various campuses, and also to promote and drive their campuses towards a cashless economy. The Verve e-Cash is a payment device that does not require an account number to activate and transact.

The Vice Chancellor, Professor Adebiyi Daramola, has already congratulated Ajijola and the staff and students of his department, saying the feat is in tandem with the excellence that FUTA has come to be noted for. The Campus Challenge was organised under the aegis of Verve Nigeria and Enactus Nigeria.

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