TETFUND – Why We Do Not Fund Private Universities

The Tertiary Education Trust Fund (TETFUND) has explained why it has not funded Private Universities across Nigeria. The agency is charged with the responsibility of helping educational institutions to meet their financial needs for capital and other education-related projects and programs.

In an interview with Punch newspaper, they claimed that Private Universities are not funded because they constitute only 6% of students in Nigeria. Over 94% of students are in Public Universities.

The number of students at Private Universities is very low compared with those of public Universities. Interestingly, there are many mushroom Private Universities scattered across Nigeria with very few student populations.

Therefore, there is no valid reason to allow Private Universities to benefit from TETFUND since there is a larger proportion of students in Public Universities.

However, not many people accept this explanation because students that graduate from Private Universities also form part of the workforce in igeria and encounter the same challenges just like those in Public Universities.

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