The Federal Government is proposing financial autonomy for tertiary Institutions in the country as a way of promoting growth in the nation’s education sector in line with present administration’s renewed hope agenda.
This was contained in a statement signed by Anastasia Ogbonna, Head, Information and PR.
The President stated this today in Abuja during the 27th Convocation ceremony of University of Abuja.
President Ahmed Tinubu who was represented by the Minister of Special Duties and Intergovernmental Affairs, Zaphaniah Jisalo, said: “one of the key strategies proposed in the renewed hope agenda is financial autonomy for tertiary Institutions which will encourage Universities to source funds through grants and corporate sponsorship, promoting self sustainability and reducing dependency on the Federal Government”.
“By granting financial autonomy, institutions can be effectively managed funds to enhance competitiveness, strive for excellence in education and eradicate education distrupt cause by strike and let me emphasize that this administration is resolute in its dedication to reforming the nation’s education sector” the President added.
He further pointed out that education is the bedrock of national development,, pointing out that the present administration would use education in combating poverty which is part of the 8-point agenda.
“Quality education for all is a central target of the renewed hope agenda and the President is committed to hasten the delivery of quality education by implementing policies that would prioritize technological base learning resource, administration standard and quality improvement ” he stated
Futhermore, President Tinubu commended the University for its Micro financial and agricultural projects, aimed at boosting the capacity of the Institution towards effective service delivery in education.
While calling for the support of all stakeholders in transforming the sector, President Tinubu, advised the graduating students to be good ambassadors of the country and contribute their quota to national development.
“To our graduates, as we celebrate your achievements today, I urge each of you to leverage on the knowledge and skills acquired during your academy journey by contributing positively to the society and ensure a better future for yourself and the nation in general because you’re are the touch bearers of the future of Nigeria and we wait in great anticipation for your impact in your respective fields of endeavours,” the President said.
Earlier, the Vice Chancellor, Prof. Abdulrasheed Na’allah said 7,034 students were part of the 27th convocation of the Institution which covered for four years.
Highlights of the event were presentation of honorary awards and goodwill messages by key stakeholders in the education sector.
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