The Vice-Chancellor of Lead City University, Ibadan, Professor Kabiru Adeyemo, has urged the Federal Government to extend support to private universities by granting them access to the Tertiary Education Trust Fund (TETFUND) and the Nigeria Education Loan Fund (NELFUND).
Speaking at a world press conference on Monday to commemorate the institution’s 20th anniversary, Adeyemo emphasized the need for private universities to benefit from government educational initiatives.
He highlighted the importance of providing support to both the management and students of private institutions, particularly in areas such as loan accessibility and other financial aid schemes.
“My advice to the government is to encourage private universities by allowing them to enjoy the same facilities as public institutions, especially in terms of TETFUND,” he said. “As the chairman of the committee of private universities in Nigeria, we have made it clear that private institutions should not be left out.”
Adeyemo further advocated for scholarships for students in private universities to help offset tuition costs, adding that lecturers in these institutions should also be eligible for government funding.
“TETFUND is funded by taxpayers’ money and should not be limited to public universities alone,” he added.
He called on the government to create a conducive environment for private universities to thrive, urging the National Universities Commission (NUC) and other stakeholders to provide the necessary motivation and support to enhance academic excellence.
Reflecting on Lead City University’s achievements over the past 20 years, Adeyemo stated that the institution’s commitment to excellence, teamwork, and student-focused policies set it apart from its peers.
“Our goal is not just to produce job seekers but wealth creators,” he noted. “We maintain high standards, adhere to NUC guidelines, and ensure quality assurance in all our programs.”
The Vice-Chancellor revealed that the number of academic programs at Lead City University has grown from 40 to about 120, with the student population increasing from 4,000 to over 20,000. He credited the institution’s expansion to a vision of creating an inclusive and innovative academic environment that empowers both students and staff.
“Our primary goal is to enhance the capacity, efficiency, and motivation of our workforce, ensuring they remain at the forefront of academic excellence, innovation, and service delivery,” he added.
The event’s highlight was the unveiling of the university’s 20th-anniversary logo by the Pro-Chancellor and Chairman of the Governing Council, Professor Jide Owoeye.
