The Visitor to Dominion University, Taiwo Adelakun has explained why Nigeria’s private universities cannot charge low fees.
Adelakun who is the Presiding Bishop, Victory International Church spoke at the church in Ibadan during a proclamation service for the new university held at the church on Saturday, 19th October.
He attributed it to government-funded universities getting subvention, while their private counterparts do not.
“The reason it looks like that is that there is no Federal Government funding of private universities. Private universities are not getting subvention and yet they have to pay the same salaries lecturers in government universities are getting. How do you get the money other than charging the commensurate fees?”
At the event, Nigeria’s Vice-President Yemi Osibajo posited that government cannnot provide adequate number of private universities needed to take care of tertiary education’s requirements, adding that establishment of private universities will complement government’s efforts targeted at making tertiary education available to Nigerians.
“Private universities are absolutely crucial as you know the government cannot provide the number of universities to meet the demand of university education in Nigeria.
“So the private universities are so crucial in ensuring that we get as many as possible the number of universities needed to meet the demands of university education in the country.
“The quality of private universities is something we can see in many universities around. And all over the world, private universities have demonstrated that they are in fact many times better than government-funded universities. So, we are expecting the best from Dominion University and we are all excited about the success,” Osinbajo said.
Also speaking at the event, Governor of Oyo State, Mr Seyi Makinde, stated that the proclamation of Dominion University, is the beginning of a journey to produce the kind of leaders needed for the development of Oyo State and Nigeria as a whole.
“I want to use this opportunity to pledge the support of the state government towards the success of this university, while I also want to thank the Vice-President, Professor Yemi Osinbajo, for being part of this memorable event.”
EduCeleb.com recalls that the National Universities Commission (NUC) had granted licence to Dominion University in February.
The NUC put the new university under the tutelage of the University of Ibadan since then to sustain quality education.
Academic activities at the university is expected to commence on 29th October, 2019.