Private Universities’ VCs, Registrars Hail Tinubu on Students’ Loan Bill
….Declare Increase in Private Universities Students Intake
*Prof. Kabiru Aderemi Adeyemo, VC, Lead City University, Ibadan*
The body of Vice Chancellors and Registrars of Private Universities have applauded President Bola Tinubu for signing into law, the new Student Loan Bill, saying it is significant in helping indigent students to get higher education.
This is contained in the Welcome Address of the Vice Chancellor of the Lead City University, Ibadan, Prof. Kabiru Aderemi Adeyemo in his Welcome Address at the General Assembly of Vice Chancellors and Registrars of Private Universities in Nigeria, which held at the International Conference Center, Lead City University, Ibadan on Thursday.
He opined that the bill is non-discriminatory, as it will provide interest-free loans to students from public and private institutions, opening opportunities for students to access affordable educational funding.
“I want to appreciate the President Bola Ahmed Tinubu for signing the new student loan bill into law, the bill will remove the financial obstacles that frequently prevent talented Nigerian individuals from pursuing higher education.
“This is a non-discriminatory bill in that it will accommodate students from public and private institutions, by providing interest-free loans, it opens up greater opportunities for deserving students to access affordable funding, this initiative will empower students to confidently pursue their educational aspirations, ensuring that no talent is left untapped and that every Nigerian will be able to access higher education.”
The Lead City University’s Vice Chancellor appreciated his colleagues and Registrars from all private Universities in attendance for their commitments towards the pursuit of higher education in the Sub-Saharan African countries, especially Nigeria, saying that their crucial positions have helped in shaping the destinies of students that have passed through their institutions.
He said that there had been a remarkable increase in the number of students that have chosen private universities to pursue their dreams and aspirations, adding that the progress was due to dedication, commitment and adherence to standard of quality education in the country.
“In recent years, private universities in Nigeria have witnessed remarkable growth, with an increasing number of students choosing these institutions to pursue their dreams and aspirations, this progress has not come by chance but through our unwavering dedication, commitment and adherence to the highest standards of quality education.
“We must continue continue to build on this foundation, striving to create an environment that nurtures critical thinking, intellectual curiosity and a strong sense of social responsibility.”
The event, which was attended by the Executive Secretary of the National University Commission (NUC), Prof. Abubakar Adamu, the Chancellor of Lead City University, Prof. Jide Owoeye and stakeholders in the education industry, was used to share insights on the challenges and opportunities facing the private universities in Nigeria and the sub-Saharan Africa.