Wednesday, July 3, 2013

Private Varsities Demand Own Share Of TETFUND


ISSUES affecting private university education in Nigeria, particularly access to Tertiary Education Trust Fund (TETFUND) was the subject of discourse at the 29th meeting of the Committee of Vice-Chancellors and Registrars of Private Universities in Nigeria (CVCRPU), recently held at Babcock University, Ilishan-Remo, Ogun State.
The conference, under the chairmanship of Bowen University, Iwo Vice-Chancellor, Prof. Timothy Olagbemiro, drew representatives from more than half of the 50 licensed private universities.
Other pertinent issues discussed included offering opportunities to the less privileged to gain access to tertiary education, seeking due recognition from the Federal Government, and getting clarifications on the existing relationships between the National Universities Commission (NUC) and the professional bodies including the Institute of Chartered Accountants of Nigeria (ICAN), Nigerian Institute of Management (NIM), among others, concerning accreditations.
CVCRPU noted that apart from contributing immensely to the development of tertiary education by opening up admission spaces, money in the pool of the Tertiary Education Trust Fund includes taxes paid by private universities and they should therefore not be denied from benefiting.
The group also demanded for representation in the membership of relevant education agencies, including the NUC and Joint Admission and Matriculation Board (JAMB).

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