In an effort to encourage businesses, communities, and individuals to support universities throughout Nigeria, President Bola Tinubu proposes both public and private funding for educational institutions there.
At the opening of capital projects and the grand finale of the 37th and 38th University of Ilorin (UNILORIN) convocation ceremonies, he made this statement.
He restated the fact that public universities in many countries receive support from the government in addition to private funding. He thinks this would give the nation’s universities the much-needed resources to raise the standard of instruction.
Dr. Yusuf Tanko Sununu, the State Minister of Education, represented Tinubu. Said;
“It was in realization 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 capabilities.”.
“While the short-term gains are expected with attendant pains, please look forward to the potential long-term benefits.
“The removal of subsidies can pave the way for investments in alternative energy sources, infrastructure and public services that will contribute to a stronger and prosperous Nigeria”.
He further noted that,
“During this transition, let us remain united as a nation, supporting one another and working collectively towards finding solutions.
It is a challenging journey, but by embracing innovation and conserving energy, we can navigate through these difficulties and emerge stronger as a nation.
“Remember, change often comes with its share of hardships, but it is through resilience and cooperation that we can shape a better future for ourselves and generations to come.”
Prior to this, UNILORIN Vice Chancellor Prof. Wahab Egbewole expressed gratitude for the president’s commitment to enhancing higher education.
In addition, he praised the president’s recent assistance and voiced hope that any outstanding problems would be fixed.
He feels this will help with the larger repositioning strategy in addition to improving productivity and dedication within the system.
