As Nigeria’s premier institution, Yaba College of Technology (YABATECH) launched a N50 billion endowment fund, prominent Nigerians have emphasised the need for private support intervention for a sustainable higher education sector.
This was the submission of ex-President, Chief Olusegun Obasanjo, the Vice-President, Professor Yemi Osinbajo, Minister of Education, Mallam Adamu Adamu and Governor Rotimi Akeredolu on Thursday at the launch of a N50 billion endowment fund by the Yaba College of Technology (YABATECH) in Lagos.
The Vice-President, Professor Yemi Osinbajo said higher institutions, as a proven ground for research, learning and best ideas, require all support that can be mustered to make them centres of excellence.
According to him, research and inquiry might lead to a revolutionary discovery or lead to nowhere depending on commitment, saying such requires adequate funding.
“How do you fund world-class, relevant, cutting-edge higher education sustainably? The question has even greater resonance in Africa, where public resources