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Nigeria’s Private Universities Charging School Fees In Dollars, Not Naira –Prof. Bogoro

A number of private tertiary institutions are charging fees in dollars, not in naira which is definitely much weaker. Therefore the fund (intervention) should go to the public institutions.
The Executive Secretary, Tertiary Education Trust Fund, Prof. Elias Bogoro, has accused Nigeria’s private universities and polytechnics of charging tuitions in dollars rather than in naira, giving that as a reason they do not deserve to benefit from federal government’s support funds.
Bogoro also claimed that 94 percent of Nigerian students enrol in public universities, polytechnics, and colleges of education in the country.
“A number of private tertiary institutions are charging fees in dollars, not in naira which is definitely much weaker. Therefore the fund (intervention) should go to the public institutions.
“Majority of students in Nigerian colleges of education, polytechnics and universities are in public tertiary institution – it is 94 percent.
“In terms of number, the public tertiary institutions have about equal number with the private but in terms of population you can imagine; it is 94 percent for the public.
Speaking on the fund’s Partnership with ICDL on the training of staff in Nigerian tertiary institutions, the TETFund boss said the move became necessary as the country needs to shift focus from resource-based economy to knowledge-based economy.
“In the 21st century when knowledge economy has taken over from resource-based economy, we cannot lose focus on the fact that there are some elements that drive the knowledge economy; ICT is actually the driver, we need to get that very well,” he said.

cc:SaharaReporters

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