The Federal Government is working on a funding structure for public universities in the country as part of moves to tackle the incessant strikes by lecturers in these institutions.
This is according to the former Minister of State for Education Chukwuemeka Nwajiuba who noted that the government’s funding of public universities is unsustainable.
“I have proposed, and the Minister of Education (Adamu Adamu) will continue discussing this with Mr President, a new scheme in which universities have a different way of earning money to be able to care for themselves,” he said on Channels Television’s Sunday Politics.
The presidential aspirant of the All Progressives Congress (APC) in the 2023 election maintained that with the number of public universities in the country, these schools have to get new ways of making money to fund their institutions.
“Because you see, there are only 50 of these federal universities and there are 200 others. However, these 50 alone are more than 75 percent of the number of students in the entire university structure – about 2.2m of them,” he argued.
“So, it is important we give them a funding structure; we need to bring a funding structure to the table because this coming hand-in-cap to the Federal Government at all times cannot be continued and is not sustainable.”
Nwajiuba, who last week resigned his position in the cabinet to concentrate on his presidential dream, said “this (a new funding structure) is something I would implement if you give me your mandate to be president.
“I know that even if it is not implemented now, the universities autonomy law needs to be reactivated.”