Funding Still Major Challenge in Universities – Vice Chancellors
The Committee of Vice-Chancellors of Nigerian Universities, CVCNU, has pointed out inadequate funding as one of the major challenges militating against effective growth and global ranking of public universities in Nigeria. The Secretary-General of CVCNU, Prof. Yakubu Ochefu, said this on Thursday in Abuja at a “Workshop for Advancement and Alumni Officers.”
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He said there was the need for cost-sharing based on what was needed to train a student in the university.
The event which had the theme: “Institutional Advancement, Alumni Relations and University Education in Nigeria” was organised by CVCNU in partnership with the Conference of Alumni Association of Nigerian Universities, CAANU.
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He revealed that the committee was able to bring out figures about what was needed to train a student in a university, including public universities.
According to him, there were still gaps in the cost-sharing ratio between the government and the individual student.
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He pointed out that to train one medical student in a university takes about N5 billion.
"To train one medical student in a university costs about N5 billion, even in the public university, it costs about N5 billion. So what is the cost-sharing ratio between government and individuals in public universities?
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“So, if the government wants to take responsibility for the training of the student, it should pay the 5 billion naira so the university can use it to run its operations. You cannot give a Vice-Chancellor N3 million and say go and manage,” he said.
