The Pro-Chancellor of Al-Hikmah University, Ilorin, Muhammed Abubakar, has called on the Federal Government of Nigeria to review the Legal instruments that excludes private universities from benefitting from the Tertiary Education Trust Fund (TETFUND)
According to the News Agency of Nigeria (NAN), the Bauchi state governor made the call on Saturday at the 8th convocation ceremony of Al-Hikmah University in Ilorin.
Abubakar disclosed that the request became imperative owing to the complementary roles played by private universities in providing higher education to Nigerians.
“Private universities contribute to the revenue of whatever area they are domiciled through payment of taxes.
“It is becoming increasingly difficult for private individuals to continue to fund the establishment of universities or sustain them once they are established,” he stated.
The Pro-chancellor appealed to private universities to make their researches marketable to enable them to generate income. Such fund will help the universities prepare students for global competitiveness,
“This should be particularly taken seriously by private universities that do not enjoy any form of grant from the government,” he added.
Abubakar decried the current youth restiveness in the country and called on the government to take steps toward tackling it.
The pro-chancellor who later congratulated the graduating students concluded by saying that the university was training students who would not only be self-employed but also providers of employment.
I am Olamide George Nneka, a graduate of Mass Communication from Olabisi Onabanjo University, Ago-Iwoye, Ogun State, Nigeria. Reach me via firstname.lastname@example.org