OAU: Moniepoint upgrades multi-million Naira CAD/CAM lab to world-class facility

*Prof. Simeon Bamire, Vice-Chancellor of Obafemi Awolowo University, applauds Tosin Eniolorunda, a Co-founder of Moniepoint and alumnus of the Uniersity, for an upgrade of the laboratory in the Department of Mechanical Engineering of the institution into a world-class facility for the benefit of engineers and innovators in the economy

Isola Moses | ConsumerConnect

The laboratory in Department of Mechanical Engineering at Obafemi Awolowo University (OAU), in Ile-Ife, Nigeria, has received a digital upgrade with state-of-the-art equipment valued in the millions, for the benefit of engineers and innovators in the Nigerian economy.

It was gathered Tosin Eniolorunda, a FinTech Executive, Co-Founder of Moniepoint and alumnus of OAU, made the upgrade possible at the weekend through a Foundation that renovated the laboratory to serve as a Computer-Aided Design and Computer-Aided Manufacturing (CAD/CAM) facility.

Eniolorunda, in conjunction with Prof. Simeon Bamire, Vice-Chancellor of OAU, performed the commissioning over the weekend.

The laboratory, now named after Eniolorunda, aims to bolster Nigerian students’ interest in science and technology, particularly in areas such as prototyping, design, and engineering, report stated.

Speaking during the launch of the project on OAU Campus, Prof. Bamire reportedly said: “We are very grateful for this laboratory considering that we are almost phasing out some of these things as a result of paucity of funds.

“This laboratory will help improve and enhance a lot of things within the University for students and staff and also drive collaboration between the academia and industry,” he said.

The Co-Founder of Moniepoint also remarked that “this newly revamped laboratory represents more than just an upgrade.

“It stands as part of a personal commitment to foster a generation of engineers and innovators to inspired them to think critically and creatively about real-world problems.”

H assured industry experts that “these state-of-the-art multi-million Naira resources will provide students with hands-on experience in the latest CAD/CAM technologies, bridging the gap between theoretical knowledge and practical application in the field of mechanical engineering.”