EKSU 28th Convocation Lecture: Prof. Olayinka Advocates Increased Funding and Autonomy for Nigerian Universities
Former Vice-Chancellor of the University of Ibadan, Prof. Abel Idowu Olayinka, delivered a compelling address at the 28th Convocation Lecture of Ekiti State University (EKSU), emphasizing the pressing need for increased funding and autonomy for Nigerian universities.
Chris Oyeoku Okafor 
Former Vice-Chancellor of the University of Ibadan, Prof. Abel Idowu Olayinka, emphasized the urgent need for increased funding and autonomy for Nigerian universities during his address at the 28th Convocation Lecture of Ekiti State University (EKSU).
Delivering the lecture on Tuesday under the theme "The Future of the Nigerian University System," Prof. Olayinka highlighted the critical role of adequate funding in enhancing the quality of education and research within the university system. He stressed that poor funding hampers the overall learning experience for students and impedes the ability of universities to attract and retain competent academic staff and researchers.
Prof. Olayinka urged the government, university proprietors, and funding bodies to prioritize the allocation of resources to support teaching and research infrastructure in universities and research institutes. He advocated for both academic and financial autonomy for universities, emphasizing that such autonomy would foster creativity, innovation, and internal revenue generation without burdening students with excessive tuition fees.
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The former Vice-Chancellor underscored the importance of strengthening university governance and leadership through regulatory frameworks that promote transparency, accountability, and academic freedom. He called for the establishment of Governing Boards/Councils to provide oversight and ensure good corporate governance within the university system.
Furthermore, Prof. Olayinka emphasized the significance of admitting students based on merit and providing financial support, including the implementation of a new student loan scheme to assist those facing financial difficulties.
In concluding his address, Prof. Olayinka reiterated the imperative for collaborative efforts to reposition the Nigerian University System for greater heights in the years to come. He emphasized that universities should serve as agents for socio-economic development, contributing to national progress through quality education, research, and innovation.
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The insightful lecture by Prof. Olayinka serves as a timely reminder of the challenges facing Nigerian universities and the crucial steps needed to ensure their sustainability and effectiveness in the future. As stakeholders reflect on his recommendations, it is hoped that concrete actions will be taken to address funding issues and enhance the autonomy and governance structures of universities across the country.
