Babcock advises varsities to generate revenues

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The Vice-Chancellor, Babcock University, Ogun State, Prof. Ademola Tayo, has advised both private and government-owned institutions to seek innovative means of generating funds.

“The laboratory must be fully equipped, the library must be fully stocked, and all that need money. Therefore, what I’m advocating for is for us to think out of the box and have sufficient funds apart from tuition and government funding so as to be able to keep our universities running.”

Onuoha in his lecture stated that TETfund’s denial of support to private universities, either as institutions or by the exclusion of the professors and students in private universities from direct funding support in their research efforts, was tantamount to inequity. He said, “I wish to reiterate that higher education funding in Nigeria, across the various categories of ownership Federal, State and private- going by research, personal experience and critical observation of other stakeholders, is anything but inadequate.

 

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