Private varsities in search of funds for University development

By -

source: BUSINESS DAY

October 28, 2014 |  
Wary of insufficient fund available to fund private Universities, the league of Private Universities in the country has called on the Tertiary Education Trust Fund (TETFund), the Nigeria education intervention agency to fund private institutions in the areas of infrastructural development, staff development and research grant.
Consequently, Nigeria’s private universities led by the Committee of Vice-Chancellors and Registrars of Private Universities, have submitted a document before TETFund in Abuja, seeking loans with a single digit interest rate for the development of on campus infrastructure, research grant, attendance of congresses, attendance of research among other interventions.
Speaking at a press conference  heralding the Sixth Convocation of Bells University of Technology, Ota, Ogun State, Isaac Adeyemi, the vice chancellor, declared that it was high time TETFund expands its intervention coverage to the Private Universities since its products contribute to the national development.
Adeyemi, who is the vice chairman of Committee of Vice Chancellors, and Registrars of Private Universities, decried inability of such institutions to access education intervention fund being enjoyed by their Public counterparts, saying the agency should appreciate Private Universities’ contribution to socio-political and economic development of the nation.
He said, “We are trying to see how we could also come on board with respect to funding from TETFUND, we hope for that. I have made a submission concerning that as a Vice Chairman of the Committee of Vice-Chancellors and Registrars of Private Universities. “About five months ago, there was a Conference in Abuja and I went to represent Private Universities and we made a submission on why Private Universities should benefit, in certain areas, from TETFUND, mainly on staff development, attendance of research, attendance of congresses, research grant.
“Private universities should be assisted for infrastructural development through a loan at single digit interest rate and the reason is simple, our products are going to labour market, there are contributing to the development of the economy.”
RAZAQ AYINLA

Comments

Post a Comment

Popular posts from this blog

NAUGHTY THINGS CRAWFORD STUDENTS DO IN THE HOSTEL WHEN BORED! !

By Oluwaseun Okunola -
Please note: This was gotten from a student who refuses to get the name disclosed...enjoy! Having caught myself more than once in some of this, I decided to come up few things crawford students & especially dem gyal'ems, Do When They're Bored or Alone. 1. Eat excessively. 2. Take a selfie with different clothes on. 3. Shave their privy parts #sorryforthebadword 4. Clean their fans and other electronics for the first time in weeks...#chaii 5. They sing aloud. Most times, Off-key! Dont ask me, Ask ladies! #,hands in mouth # 6. Visit other hostel rooms over nothing important or for no reason whatsoever. 7. Stare at the light bulb and keep staring hoping NEPA will understand. Iffa hear! 8. Login to Social Networks like facebook or Twitter, and start viewing other people's profile. Some decides to start bashing you and damning your thread. DON'T BLAME THEM. LONELINESS KNOWS THEM BY NAME...says West life. ! 9. Listen to music...Guys and music sh...
Read more

ICH'S PRESIDENT: "THE VISION IS TO CONTINUE FROM WHERE MY PREDECESSOR LEFT OFF AND PLAN TO ACTUALLY MAKE IT BIGGER"

By -
Image
Uzoma Emmanuel Ifeanyi is the newly elected President of Industrial Chemistry Departmen and he's being interviewed by Ojo Blessing,(300level, Mass Communication Department), he speaks about himself and his plans for his department as well.   Excerpts; Q: Good Afternoon, Can we briefly know few details about you?? A: My names are Uzoma Emmanurel Ifeanyi. I hail from Delta State currently studying Industrial Chemistry in an Esteemed College, Crawford University.  I reside in Badagry, Lagos State to be precise Q: So, as the New President of your department, what plans do you have during your stay?? A: Well, same as every New President elected. The vision is to continue from where my Predecessors left off and plan to actually make it better, bringing the Department to its full Potentials Q: Also, as a member of the Student Representative Council, what plans do you have for the students and are you capable of being an helping hand to the students Loyally?? A: The main...
Read more

CRAWFORD UNIVERSITY STUDENTS ARE AFFECTING THE LIVES OF OTHERS.

By -
Image
source: success connect Crawford University does more than teach us academics, they have taught a key value of success- helping others to succeed has also been inculcated in our lives. One of the ways we achieve this is through our project- Success Connect. Success Connect, a group made up of Crawford University students burning with a desire not just to succeed alone, but to help other young people all over Africa to develop success habits that will consequently help restore sanity and sanctity in our continent. On the 16 th of May,2014, had a program at the Apostolic Faith Secondary School, Abeokuta, Og un State. Before the arrival of the association, the management team of the school had been contacted and permission had been granted. The meeting commenced at about 2:00pm. The students were converged at a hall and a praise and worship session was held after which Nifemi and Duro, the first set of anchors took over. The students were in a particularly expectant   mo...
Read more