• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, July 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Deputy Speaker Proposes Self-funding Mechanisms For Varsities

by James Kwen
2 years ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, has enjoined vice chancellors of universities in Nigeria to leverage the contributions of the alumni associations and other endowment funds to finance education.

Advertisement

He said they are the innovative funding models that will provide the financial stability  to propel the universities to greater heights.

Kalu  made these suggestions in his goodwill message at the opening of the 61st anniversary and 36th Conference of the Committee of Vice Chancellors of Nigerian Universities (CVCNU) with the theme: “60 years of Leadership in Nigerian Universities” held at Baze University, Abuja yesterday.

 He said one of the key areas where Nigerian universities can chart a new course for sustainable development is in innovative funding models.

Kalu said his position was informed by the efforts to leverage the vast network of alumni and the Triple-Helix model, involving collaboration with industries and the government.

RELATED

In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector

In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector

35 seconds ago
UAE Embassy Mum As Uncertainty Trails Visa Fee Hike

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

5 hours ago

He said this approach aligns with global best practices in countries such as the United States, the United Kingdom and Australia, where endowment funds managed by capital market fund managers and venture capitalists have played a pivotal role in financing higher education.

“It is my sincere hope that these innovative funding models will provide the financial stability needed to propel our universities to even greater heights.

“As we explore these avenues, let us remember that the pursuit of knowledge and the advancement of education are noble endeavors worthy of our collective support.

“The first, second, and third generation publicly owned higher education institutions have an upper-hand if they follow this approach, solely by looking at their respective extensive Alumni for initial deals structuring and setting up of the endowment funds,” the Deputy Speaker noted.

In a statement by his Chief Press Secretary, Levinus Nwabughiogu, Kalu also applauded the Committee of Vice Chancellors for its higher education leadership programme on strategic thinking for managing challenging times and creative financing of the universities and other tertiary institutions.

He said such initiatives are essential in equipping Nigeria’s academic leaders with the skills and strategies needed to navigate the complex landscape of higher education in the 21st century.

Kalu pledged the partnership of the parliament with the universities and other stakeholders in the education sector and urged the Committee to also address the issues of gender equity, diversity, and inclusion while also considering the role of technology and the impact of Artificial Intelligence (AI) in the future of Nigerian education.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


SendShareTweetShare
Previous Post

Arms Suppliers Lynched, Police Arrest Abductor Of 50 Passengers

Next Post

6 Injured In Nasarawa Petrol Tanker Explosion

James Kwen

James Kwen

You May Like

In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector
News

In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector

2025/07/06
UAE Embassy Mum As Uncertainty Trails Visa Fee Hike
News

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

2025/07/05
Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 
News

Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

2025/07/05
Too High A Price To Pay For Patriotism
News

40 Ghanaian Victims Rescued As Police Bust Human Trafficking Syndicate In Ondo

2025/07/05
Group Congratulates Atiku on Appointment as Deputy Clerk to the National Assembly
News

NASS To Transmit Constitution Review Report To State Assemblies Before December

2025/07/05
Jigawa Local Gov’t Chairman Dies At 61
News

Jigawa Local Gov’t Chairman Dies At 61

2025/07/05
Leadership Conference advertisement

LATEST

In Brazil, Tinubu Vows To Eliminate Delays, Bureaucratic Bottlenecks In Agric Sector

Nigerian Gov’t Grants Visa Overstayers Amnesty To Regularise Status

Revocation: Kaduna Govt To Refund Buyers Of Queen Amina, Alhuda-huda College Houses 

40 Ghanaian Victims Rescued As Police Bust Human Trafficking Syndicate In Ondo

NASS To Transmit Constitution Review Report To State Assemblies Before December

Jigawa Local Gov’t Chairman Dies At 61

Club World Cup: 9-man PSG Defeat Bayern To Reach Semi-final

Sujimoto Pays ₦273m Salary Arrears, Eyes Construction Of Tallest Tower In Banana Island

Liverpool Stars Honour Diogo Jota, André Silva At Funeral In Portugal

Chelsea Complete £48.5m Signing Of Gittens From Dortmund

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.