Peter Obi, ex Executive Governor of Anambra State, has stressed the need to include private universities across the country in the list of beneficiaries of the Tertiary Education Trust Fund (TETFund).
The former governor, who was a guest speaker at the maiden convocation of Chrisland University in Abeokuta, Ogun state, stated that it was unfortunate that TETFund was available only to government-owned tertiary institutions.
“The Vice Chancellor in her speech was pleading for the university to benefit from TETFund. This is not what she is supposed to be requesting for. It is just because we live in the wrong place. They should be looking for you because you are doing them a favour. What they are not providing is what you are providing.
“As a state governor, I recalled that we had three private universities in Anambra State. During my tenure, I decided that we would give them N100m every year. Somebody said to me that they were private institutions and I asked if the students there were private. They are our children. Whether it is a secondary school or hospital, they deserve support from government,” Obi stated.
Obi, speaking on the topic, ‘Creativity, Innovation and Entrepreneurship: A critical Intersection for Economic Development in Africa’ made it known that the failure of the Nigerian leadership to invest in education and entrepreneurship had led the country to its present economic state.
“Nigeria needs to invest in education and issues affecting the youth. We have an enormous amount of resources in the youth of this country. We need to turn them into the new oil,” he stated.