President Bola Tinubu has recommended public-private
financing for Nigerian universities.
The President added that Nigerian universities would get the
required resources they desperately need to elevate the level of university
education in the country with the right mix of public and private financing.
Tinubu stated this on Monday in Ilorin, Kwara state capital
at the 37th and 38th convocation ceremonies of the University of Ilorin,
UNILORIN.
The President, who was represented by the Minister of state
for Education Yusuf T Sununu, called on corporate bodies, communities and
individuals to support public universities.
“The practice all over the world is that public universities
benefit heavily from government funding but also augment their income through
private financing.
“It was in realisation of this that the Federal Government
signed into law the Students’ loan which will positively change the landscape
of education in Nigeria.
“Our government will continue to champion the cause of impactful
education as well as ensuring that both lecturers and students are provided the
best facilities to enhance their individual capabilities,” Tinubu said.
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