The proposed Abia State University’s Igba-Boi Centre will have a mandate to train and educate students and the world on the principles of Igba-Boi (the Igbo apprenticeship system), the Igbo worldview business philosophy of entrepreneurial capitalism and prosperity through enterprise, succession planning, retirement, etc.
The Centre will work to uplift and internationalize this Igbo heritage in this age of stakeholder capitalism, and upgrade, codify and modify where necessary the framework, for more international adoption. We expect the world to come to Abia and learn about Igba-Boi, and understand how the Igbos, for centuries, have been practicing what the modern world has called “stakeholder capitalism” as I wrote in Harvard https://hbr.org/2021/05/a-nigerian-model-for-stakeholder-capitalism
(Our expectation is that someone will fund and endow this center, and we do believe in the Economic Transformation team that institutionalizing Igba-Boi in a modern way, where our sons actually go to school, before going into trade/commerce, is going to be catalytic in the knowledge base of the state).
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Prof Ndubuisi Ekekwe
Co-Chair, Abia State Economic Transformation Transition Council
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