The National Universities Commission (NUC) has said that the commission is currently processing about 303 new applications for private universities from different parts of the country.
Prof. Abubakar Rasheed, Executive Secretary of NUC made this known, adding that the applications were received from groups of individuals, corporate organizations, foundations and faith-based organizations from all over Nigeria.
He spoke in Abuja while delivering a lead paper at the maiden edition of the National Summit on Private Universities with the theme; “Private University Education Delivery in Nigeria: Challenges and Opportunities.”
Professor Rasheed further noted that Nigeria currently has 170 universities out of which seventy-nine are private with thirty-eight representing 48.11 per cent, owned by faith-based organizations, while 41, representing 51.89 per cent, are owned by corporate bodies, foundations or individuals.
He however stated that the setbacks were not enough to stop the issuance of licenses as Nigeria needs more universities to cope with the high demand for university education.
“The summit is aimed at supporting the Nigerian government’s effort at developing academic, institutional and executive capacities within the higher education subsector, to enable it compete effectively and be relevant in an increasingly knowledge-driven world economy,” he stated.
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