Sequel to the invitation of the Federal Government of Nigeria through Act No. 9 of 1993 to allow private corporate bodies or individual Nigerian citizens to establish and run universities, subject to meeting approved guidelines such as possessing an approved Academic Brief, Master Plan, University Law and proven ability to finance such a project, Prince Oladega Adebogun felt deeply inspired to establish a university that will do for tertiary education, what Caleb has creditably done for Primary and Secondary education. The University relocated in November 2009 from its take-off site at Magodo, Lagos to the 110-hectare permanent site at Imota after Ikorodu town.
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