Ojobo, a proprietor of the school called, New Wave International Nursery and Primary School, Enugu, said that the institution would provide affordable and quality education to pupils.
He said that his passion for assisting his kith and kin and giving their children hope informed the location of the school in a site dominated by low-income earners.
Ojobo, who had spent over 25 years in Europe, said that the gesture was a way of giving back to society as the school was not built to make profits.
The philanthropist said that he was interested in making an impact in people’s lives than accumulating wealth, adding that such people would always remember one by the legacies they left on their lives.
Ojobo encouraged other wealthy individuals in the state to impact human development.
Akadu urged the management of the school to ensure that the school provided quality education to its pupils and to maintain the structure.
The lawmaker also appealed to the proprietor to ensure that only qualified teachers were employed in the school.
He extolled the proprietor for providing enough space and field for sporting activities, which he said were lacking in most private schools in the state.
Akadu urged the management of the school to make their fees affordable to ease the sufferings of parents and guardians.
Also, the Chairman of the occasion, Chief Micheal Onyeze, said that the school would operate both Nigeria and British curriculum, adding that the facilities were top-notch.
In a goodwill message, a former member of the Enugu State Assembly, Chief Anthony Ogidi, said that such investments were rare in the state.
Also, another former member of the State Assembly, Chief Erochukwu Ugwueze, described the investment as a boost to the education policies of the state government.
Ugwueze advised residents of the area to take advantage of the location of the school to impart quality education to their wards.