Fashola proposes alternative sources of funding for universities

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The Minister of Works and Housing, Babatunde Fashola has stated , “University Consultancy Services, Data Provision , Poll Results , Value Data , Printing Press are cost proposals for Tertiary Institutions”

The Minister stated this as a panelist at an event organised through Nigeria’s House of Representative at a National Summit in Abuja on tertiary education with a view to imparting solutions to challenges facing the sector.

The theme of the event was “Re-imagining Tertiary Education in Nigeria: Issues, Challenges and Solutions”.

Fashola, at the match said ” personnel of government owned institutions who desire to be autonomous is a huge issue ”

He stated Tertiary Education is on the concurrent listing , meaning that States and Federal Governments can fund training in the country .

Director General , Budget Office of the Federation,Mr. Benjamin Akabueze whilst making his remarks said, ‘’There has to be a sustainable funding of tertiary education .We cant proceed with with the current device because it is not working and not sustainable.”

Professor Uduak Ekpo , Department of Education Administration & Planning , University of Calabar remarked at the event, “Budget and allocation for tertiary education must go up instead of going down. Nigeria’s training budget stays among the poorest in Africa.”

She stated if lecturers run away from their core mandate of academics excellence thru research and teaching and go into business, funding of university , training will suffer.

Director Centre for Gender and Women Studies University of Jos , Professor Irene Agunloye in her remarks said, “ Education is a commodity and if you do not build the capability of people in teachers there will not be headway.“

She advised that some instituions should be made lookup universities in order to generate more fund .

Chairman / Chief Executive Officer Channels Media Group, Dr.John Momoh stated “There is want for the Academic Staff Union of Universities and Federal Government to come to agreement until both facets are happy with the negotiation.”

Momoh also stated that universities should look for a way of producing fund from alumni and to also look for a way of outsourcing of property of universities in order to enhance funding.

The Academic Staff Union of Universities (ASUU) led via its current President, Emmanuel Osodeke stated “ The stage of poverty in Nigeria would not enable Nigerian students to pay increased tutition fees.

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