It's a good move, though considering that it takes a fortune to study on ADMU, it's better to just take online courses and/or study about blockchain independently with the help of free resource materials on the internet. Not that I'm implying something negative here, but it seems that it's only exclusive to those who can afford it. Understanding and developing blockchains would be a hit niche in the future, and learning it should be available, accessible and affordable for everyone who wants to learn it. A good move by NEM, and hopefully public educational institutions would receive the same programs as well.
From what I read in the article, LPU College of Technology will also be having this blockchain elective course. I'm not so familiar with the tuition fee price range of Lyceum but I believe it to be lower than ADMU's. I'm pretty sure other technical colleges will soon have this blockchain elective as well, it's already a big step for one university to be having it.
What's great about this is having a certification or accreditation once finishing the course. As compared to when you self educate yourself thru sources online, you might not be able to prove to your future employers of your knowledge which was acquired thru the internet. Having completed an elective from a prestigious university may fare differently for a person's career.