On Tuesday, November 06, 2018, the Dominican University played host to a meeting held at the instance of the World Bank to look critically into the problems and challenges, dreams and aspirations of private universities in the task of providing sound tertiary education.
Only eleven of all the private universities in Nigeria were selected for this interaction with officials of the World Bank. Dominican University was picked in the Ibadan zone to host this interactive session with officials of the Word Bank, National Universities Commission (NUC), and three other universities in the zone, namely Kola Daisi University, Lead City University, and Ajayi Crowther University.
The Director of Private Universities Affairs at the National Universities Commission, Alhaji Abdullahi Hamza, in his address noted that the World Bank was interested in assisting private universities in the country in the area of capacity building towards delivering qualitative education.
Sarah Okada, an operations officer in charge of Operations Policy and Country Services at the World Bank, remarked that although private universities in Nigeria have strong potentials, they need to be developed with more investment especially by the private sector. Okada declared that the World Bank is committed to capacity building of private universities in the country with a view to greatly improving enrollment level which currently stands at 5% in contrast with federal and state universities which record 68% and 27% enrolment rates respectively.
The Vice Chancellor of the Dominican University, Prof. Anthony Akinwale, observed that it was a welcome development that the World Bank is interested in the capacity building of private universities. Since the Dominican University received its operational licence from the Federal Government of Nigeria in November 2016, the university has been making giant strides to pursue its vision of being a centre of excellence in the provision of integral education in the sciences, management and humanities. The intervention of the Word Bank would be critical in achieving this vision as private universities do not have any access to the Tertiary Education Trust Fund (TETFUND) of the Federal Government.
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