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Sanwo-Olu plans belief fund to finance varsities

The Lagos State Governor, Mr Babajide Sanwo-Olu, has expressed his plan to arrange an schooling belief fund that may change the mannequin of funding tertiary schooling within the nation.

The governor acknowledged this, based on an announcement signed by his Chief Press Secretary, Mr Gboyega Akosile, on Thursday, when he obtained members of the visitation panel to the Lagos State College led by a former Vice-Chancellor of the College of Lagos, Prof. Abdulrahman Bello, on the State Home, Marina.

The panel, arrange in November 2021, turned in a 322-page report for the governor’s implementation in direction of assembly the college’s up to date wants.

Sanwo-Olu stated, “Now that we now have three universities in Lagos, I consider there’s a want for us to arrange Lagos State Tertiary Schooling Belief Fund, which, in our view, will create a sustainable mannequin and the funding that’s required, each internally and externally, to strengthen educational analysis, studying and all that’s essential to hold these universities on observe of their mission.

“That is an thought whose time has come on the acceptable interval when many faculties are below closure on account of industrial disputes. I’m issuing the accountability to Lawyer-Basic and Particular Adviser on Schooling to create the authorized framework for the beginning of the Belief Fund. It will create a monetary mannequin that may make sure the sustainability of those faculties.”

Bello stated the panel obtained 40 memoranda from the Tutorial Workers Union of Universities and the Senior Workers Affiliation of Nigerian Universities, which contained 58 separate points.

“These embrace points with educational and infrastructural wants in addition to different issues for the federal government,” he stated.

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