ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Monday, January 25, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Former Vice President, Arc. Namadi Sambo

Former Vice President, Arc. Namadi Sambo

Namadi Sambo wants govt funding for private universities

Mr Sambo, a former vice president, also speaks on the current ASUU strike.

byMohammed Lere
November 29, 2020
2 min read
ADVERTISEMENT

Former Vice President Namadi Sambo has urged the Nigerian government to provide funding support to private universities in the country.

He said such a move would boost university education and fast-track a knowledge-based society.

The former vice president said such action was urgently required to end interruptions in academic activities and exponential rise in travel for education abroad.

He made the appeal while speaking at the fourth quarterly delegates meeting of the Conference of Alumni Association of Nigerian Universities (CAANU) held on Saturday in Kaduna.

According to the former vice president, private universities deserve some support in the area of access to financing for research and development at a single-digit interest rate, through the Central Bank, especially in the area of medicine, science and information technology.

Mr Sambo, who is the current Chancellor and Chairperson of Council of Baze University, Abuja, urged the federal government to review the act that established TETFUND to create a revolving fund and project interventions for private universities in Nigeria.

He said such an initiative would ensure funding for research and infrastructural development with 1% repayment plan to ensure stability in university education and enhance the drive for education for all in the country.

Mr Sambo further urged delegates at the conference to brainstorm on creating alternative source of funding for university education in Nigeria.

According to the former vice president “Government alone cannot fund tertiary education in its entirety, considering the reality of limited resources of government and the increase of competing demands for funds in other critical sectors of governance.”

RelatedNews

PROFILE: Bala Mohammed, Governor of Bauchi [2019 – ]

Nigeria wants ECOWAS restructured

UPDATED: Boko Haram carrying out attacks in Nasarawa, Governor tells Buhari

Again, Buhari blames banditry on mining activities

“I, therefore, urge delegates to think out of the box at this conference to consider alternative sources of funding for our universities in order to revitalize the educational system in our country and to ensure stability in our Universities,” Sambo said.

He called for the establishment of an endowment fund for universities to be driven by members of the alumni association of each university through the mobilisation of resources and public-private partnership as an alternative source of funding research and infrastructural development of universities in the country.

The former vice president, however, commended the federal government for the offer made to ASUU and the union’s resolve to review the government’s offer.

Dangote adbanner 728x90_2 (1)

“It is gratifying to note the offer made by the federal government to members of ASUU, though not exhaustively meeting the demands of the union but certainly it is a bold step towards resolving the lingering crises in our university education,”

PREMIUM TIMES reported the government offer made at Friday’s meeting between the government team and ASUU.

ASUU, which is opposed to using public funds to support private universities, has been on strike since March demanding improved funding for universities, payment of agreed allowances to university teachers and the non-use of the payment platform, IPPIS, adopted by the federal government to pay all public workers.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Police arrest three over alleged bombing of Wike’s father’s church

Next Post

Nigeria’s electricity grid collapses – Offical

Mohammed Lere

Mohammed Lere

More News

Map of AFrica

Western sources play major role in how the Africa story is told

January 25, 2021
Unilever Nigeria Plc

Weak sales stretch Unilever’s loss into second year

January 25, 2021
EFCC (PHOTO CREDIT: @twitter.com/officialEFCC)

EFCC re-arraigns ex-NDDC MD’s aide, others for N2.9billion fraud

January 25, 2021
Nigerian Police officers on duty [Photo credit: Today.ng]

Gunmen abduct immigration spokesperson – Official

January 25, 2021
COVID-19: Coronavirus Test Sample

Expert warns of new, more ‘virulent’ COVID-19 strain from U.K.

January 25, 2021
Uzoma Emenike

History made as Buhari appoints Nigeria’s first female ambassador to U.S.

January 24, 2021
Next Post
High tension electric powerlines

Nigeria's electricity grid collapses - Offical

Nigeria's minister of State for Petroleum Resources, Timipreye Sylva,

Why APC will win Bayelsa Senate bye-elections - Sylva

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad




Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,606,068 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert

Heritage Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.