Varsities should explore endowment as alternative funding source, says UNIZIK VC

  • 📰 thecableng
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 80%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Nigeria's independent online newspaper

In an interview with TheCable, Esimone said the challenges posed by bureaucratic hurdles and government policies hinder the progress of tertiary institutions.

“There is a policy that we came to know about public-private partnerships. You need to get approval from the Infrastructure Concessionary Regulatory Commission and then you get through to the ministry and they will take you to the federal executive council as the case may be,” he said. “I was to do a housing scheme because we don’t have residential housing quarters here and all the people came, they all backed out. I would have virtually been running the university by the BPP. We won’t need government again on any matter.”Esimone said he assumed office at the university with a clear vision and a businessman’s mindset, which has steered the university into an era of unprecedented growth and discipline.

“I ran the university like a businessman, I got endowments. If you go around you will see I got BUA group. BUA gave us N1 billion in projects,” he said.“We are getting endowments from private individuals, and corporate organisations, selling the university to them, and that’s part of the funding that I said we have not utilised enough.

He recounted instances where disciplinary actions were taken promptly, regardless of the individual’s position within the university hierarchy, highlighting cases where individuals were dismissed from the university following thorough investigations and evidence-based decisions.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Benin varsities: NANS urges students to disregard fake accreditation listThe Nation Newspaper Benin varsities: NANS urges students to disregard fake accreditation list
Source: TheNationNews - 🏆 6. / 69 Read more »

The abducted children of Kuriga and other stories, By Reuben AbatiPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Leadership and accountability, By Toyin FalolaPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Tinubu approves Renewed Hope Infrastructure Development FundPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nnamdi Kanu’s boast about ending insecurity, killing of police operatives, other top stories from South-eastPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Tony Elumelu’s entrepreneurs: A decade of impact, By Ehi BraimahPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »