Tinubu suggests using public and private funds to support universities in Nigeria

October 23, 2023 Joshua Samuel

Universities in Nigeria should be financed by the public-private sector, according to President Bola Tinubu.

The President went on to say that with the correct combination of public and private funding, Nigerian universities would have the resources they sorely need to raise the bar for higher education in the nation.

At the University of Ilorin’s 37th and 38th convocation ceremonies on Monday in the state capital of Kwara, Tinubu made this declaration.

Yusuf T. Sununu, the state minister of education, was representing the president, who urged businesses, communities, and individuals to support public colleges.

Public universities often receive a large portion of their funding from the government but also supplement them with private support, according to global practice.

“The Federal Government realised this and enacted the Students’ Loan, which will significantly alter the face of education in Nigeria.

“Our government will persist in advocating for meaningful education and guaranteeing that educators and learners receive top-notch resources to augment their personal proficiencies,” stated Tinubu.

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Joshua Samuel

A conscientious writer with a knack and passion for story telling which spans across different sectors and segments. I love telling stories in writing and bringing quality, authentic and timely information to everyone everywhere.

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