Connect with us


BIG STORY

Two New Universities To Be Approved Next Week — NUC

Published

on

The National Universities Commission (NUC), said preparations are being finalised to announce the opening of two new universities in the nation, bringing the overall number of educational establishments to 272.

Chris Maiyaki, the interim executive secretary of the commission, made this statement on Thursday while speaking with reporters in Abuja.

According to Maiyaki, the NUC will keep approving new colleges in order to close the nation’s admissions gap.

He pointed out that although two million applicants apply to institutions annually, there are only between 500,000 and 700,000 spots available for admission.

Maiyaki’s stance comes amidst the fight of the Academic Staff Union of Universities and other stakeholders in the tertiary education sub-sector against the proliferation of institutions in the country by the government at the Federal and State levels.

Stakeholders on numerous occasions said the establishment of new universities amidst poor funding of existing ones was not the way to go and hence had called on the government and the NUC to halt approvals given to new public universities.

“We have no choice but to as a matter of deliberate policy undertake the massification of universities,” Maiyaki said.

He said what separates the developed today from other countries is the level of investments in education.

Maiyaki said every year, almost two million candidates seek admission into the universities but only between 500,000 and 700,000 students get admitted.

He said, “You need to see the anguish and the frustration on the faces of families who are desperate to make sure that their children attend university education every admission session. It is very tough and challenging for university leaders and NUC and so we have no choice but to continue to approve the universities.

“The approval for two more varsities to bring the number of universities in the country to 272 has been concluded and will be announced next week.”

He maintained that Nigeria will continue to widen universities’ access by approving more universities to meet its demands and supply of quality education.

While noting that countries like Brazil, Indonesia and others who have a population not up to Nigeria have more than 1,000 universities, he said efforts were ongoing to reposition the university system through transnational education by allowing foreign varsities to come in and operate in the country.

The Executive Secretary said the commission is presently processing applications for the establishment of distance learning centres that will be monitored to provide quality education.

The NUC boss, however, stressed that it does not mean the era of establishing distance learning centres is back.

Reacting to a statement by the Economic and Financial Crimes Commission inviting proprietors of private universities and other institutions of higher learning in Nigeria to charge fees in dollars, he said no tertiary institutions is allowed to charge tuition fees in dollars.

He said the commission had made an inquiry into the allegation and thus investigated but discovered that the said private university was not charging fees in dollars.

“On the dollarisation of tuition fees in this said university, we have investigated it and the university is not charging fees in dollars.

They only charge dollars to foreign students. So I want the media to join hands with us to tell the public that no Nigeria university is allowed to charge fees in dollars,” he said.

BIG STORY

BREAKING: Nigeria’s Inflation Rate Drops To 23.18%

Published

on

The National Bureau of Statistics (NBS) has reported a decrease in Nigeria’s inflation rate, which fell to 23.18% in February from 24.48% in January.

The announcement was made in the February 2025 Consumer Price Index (CPI) released by the NBS on Monday.

According to the bureau, the headline inflation rate in February increased slightly by “1.30% points when compared to the January 2025 headline inflation rate.”

The NBS stated:

“In February 2025, the Headline inflation rate eased to 23.18% relative to the January 2025 headline inflation rate of 24.48%.”

“Looking at the movement, the February 2025 Headline inflation rate showed a decrease of 1.30% compared to the January 2025 Headline inflation rate.”

On a year-on-year basis, the headline inflation rate was 8.52% lower than the 31.70% recorded in February 2024.

The NBS further noted:

“This shows that the Headline inflation rate (year-on-year basis) decreased in February 2025 compared to the same month in the preceding year (i.e., February 2024), though with a different base year, November 2009 = 100.”

Additionally, the month-on-month inflation rate for February 2025 was recorded at 2.04%.

 

More to come…

Continue Reading

BIG STORY

Rivers Assembly Accuses Fubara, Deputy Of Misconduct, Issues Notice

Published

on

The Rivers State House of Assembly has issued a notice accusing Governor Siminalayi Fubara and his deputy, Ngozi Odu, of alleged misconduct.

A total of twenty-six members of the assembly made these allegations against Fubara in a notice submitted to Speaker Martin Amaewhule on Monday.

According to the lawmakers, their actions are based on “Section 188 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and other existing laws.”

They accused Fubara of various offenses, including unconstitutional and reckless spending of public funds, hindering the Assembly’s activities, and appointing individuals to government positions without undergoing the required screening and confirmation.

Additional allegations include withholding salaries, allowances, and funds designated for the Rivers State House of Assembly, as well as blocking the salary of Clerk Emeka Amadi.

The lawmakers also accused Deputy Governor Ngozi Odu of “conniving and supporting the illegal appointment of persons to government positions without the required screening and confirmation.”

After receiving the notice, Amaewhule forwarded it to Fubara, stating that the allegations had been brought forward by “not less than one-third (1/3) of the membership of the Rivers State House of Assembly.”

He then urged the governor to respond to the allegations, citing Section 188(3) of the Constitution, which states, “Within 14 days of the presentation of the notice to the Speaker of the House of Assembly (whether or not any statement made by the holder of the office in reply to the allegation contained in the notice), the House of Assembly shall resolve by motion, without any debate, whether or not the allegation shall be investigated.”

Amaewhule further advised the governor to take appropriate action and extended his “esteemed regards.”

Continue Reading

BIG STORY

BREAKING: Lagos Court Orders Oba Otudeko To Appear For ‘N30bn Fraud’ Trial

Published

on

The Federal High Court in Lagos has instructed Oba Otudeko to appear before the court and enter a plea in response to the charges filed by the Economic and Financial Crimes Commission (EFCC).

The directive was issued on Monday by Justice Chukwujekwu Aneke.

The EFCC had previously filed a 13-count charge against Otudeko and three others over an alleged N30 billion loan fraud.

During the proceedings, the judge ruled that Otudeko must take his plea before the court could address an application contesting its jurisdiction in the matter.

The case has been adjourned to May 8.

 

More to come…

Continue Reading



 

Join Us On Facebook

Most Popular