Skip to main content

EDUCATIONASUU Atrike: FG Alone Can’t Finance Universities In Nigeria – Buhari


 President Muhammadu Buhari has stated that the Federal Government alone can’t finance universities in Nigeria.

Buhari said the private sector must be involved in financing universities in the country because the burden is too much for the government alone.

Speaking at the 2020 convocation and 72nd foundation day celebration of the University of Ibadan on Tuesday, the President said universities should make themselves attractive to the private sector.

The President was represented at the occasion by the Executive Secretary, National Universities Commission, NUC, Prof Abubakar Rasheed.



President Muhammadu Buhari has stated that the Federal Government alone can’t finance universities in Nigeria.


Buhari said the private sector must be involved in financing universities in the country because the burden is too much for the government alone.


Speaking at the 2020 convocation and 72nd foundation day celebration of the University of Ibadan on Tuesday, the President said universities should make themselves attractive to the private sector.


The President was represented at the occasion by the Executive Secretary, National Universities Commission, NUC, Prof Abubakar Rasheed.



He charged universities to come up with programmes that would help his government in reducing poverty and improving the health sector.


He said: “It must be noted that the government alone cannot carry the enormous burden of financing education. The private sector must be actively involved in the task of providing quality education for Nigerians.


“It is my expectation that universities will make themselves attractive to the private sector, define their roles and carve out a niche by designing programmes that will progressively assist the Government in addressing poverty reduction, improving the health sector.”

Buhari also warned heads of governing councils of Nigerian universities against mismanaging the process of appointing vice-chancellors.


He noted that the governing councils would be held responsible for the outcome of the process.


“Pro-Chancellors, in their dual role as chairpersons of governing councils and chairpersons of the five-person selection committee for the appointment of Vice-Chancellors, must be prepared to bear full responsibility for the management or mismanagement of the process.”



Comments

Popular posts from this blog

937 People Killed In Attacks In Kaduna In 2020

At least 937 people died in violent attacks and mass atrocities in Kaduna State last year, an annual security report by the state government has shown. The report released Wednesday attributed the deaths to kidnappings, banditry and other criminal activities that cut “across all ethnic and religious groups” in Kaduna State. “Victims of criminal acts like banditry and kidnapping are to be found across ethnic, religious or political leanings and persuasions,’’ Samuel Aruwan, the state’s commissioner for internal security and home affairs, said while presenting the report. In his presentation, Mr Aruwan said that of the 937 killed, Igabi Local Government Area recorded the highest number of casualties (152), followed by Kajuru Local Government Area with 144 casualties. He added that Birnin Gwari, Igabi, Giwa and Chikun local governments in Kaduna central accounted for about 50 per cent (or 468 deaths) of the entire fatalities in the state. Meanwhile, 286 died in Kaduna South from the viole...

Buhari Refuses To Act On Magu’s Probe Report Five Months After Submission.

President muhammedu Buhari Refuses To Act On Magu’s Probe Report Five Months After Submission One of Magu’s lawyers, Tosin Ojaomo, said Magu remained in the service of the Nigeria Police Force though the police has yet to post him anywhere after his suspension as EFCC chairman. Ibrahim Magu’s fate remains uncertain five months after the submission of the report of the Justice Ayo Salami Judicial Panel of Inquiry on the former acting chairman of the Economic and Financial Crimes Commission to President Muhammadu Buhari. There have been concerns about the fate of Magu after the appointment and confirmation of Abdulrasheed Bawa as the new Executive Chairman of EFCC in February. Although sources in the office of the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), said the panel faulted some procedures in the management of recovered assets under Magu, the presidential white paper on the report had yet to be announced. One of Magu’s lawyers, Tosin Ojaomo, s...

$114.28m COVID-19 loan: SERAP asks World Bank to make Nigeria ‘publicly commit to transparency’

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to use his “good offices to encourage the Federal Government and 36 state governments to publicly commit to transparency and accountability in the spending of the $114.28m credit and grant for COVID-19, which the Bank’s Board of Directors recently approved for Nigeria, including by publishing details on a dedicated websit". SERAP also urged Mr Malpass to “put pressure on authorities and the 36 state governors to accept voluntary scrutiny by Nigerians and civil society regarding the spending of the funds and use of the resources, including on how they will spend the money to buy medical equipment, and improve access to clean water, sanitation and hygiene" The World Bank Board of Directors last Friday approved a $114.28 financing “to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with a specific focus on state level...