The formation of Nasrul-Lahi-l-Fatih Society of Nigeria NASFAT — the proprietor of Fountain University — was originally focused on prayer meetings for the Muslim elites, with a view to creating opportunity for them to, interact with Islamic scholars.

[4] The desire of NASFAT to establish a university was borne out of its education policy and plan enunciated at its strategic retreat in Akodo, Lagos, in 2000.

[5] From this beginning, the society started a systematic process which led to the hosting of an academic summit where an 18-person planning committee for the university emerged in January 2004.

This committee worked tirelessly to put in place the facilities for the university to take-off.

The committee was dissolved in September 2007 upon the inauguration of the Governing Council led by Professor N.O.