President Bola Tinubu has proposed public and private financing for Nigerian universities, urging corporate entities, communities, and individuals to contribute to universities across the country.
He stated this during the grand finale of the 37th and 38th convocation ceremonies of the University of Ilorin (UNILORIN) and the inauguration of capital projects.
He reiterated that in many countries, public universities receive government funding but also supplement their income through private financing. According to him, he believes this would provide the much-needed resources to enhance the quality of university education in the country.
Represented by the Minister of State, Education, Dr Yusuf Tanko Sununu, Tinubu said,
Tinubu noted further that,
Previously, Prof. Wahab Egbewole, the Vice Chancellor of UNILORIN, expressed appreciation for the president’s dedication to improving higher education.
He also acknowledged the recent support from the president and expressed optimism that any remaining issues would be resolved.
This, he believes, will not only enhance commitment and productivity within the system but also contribute to the broader repositioning agenda.