Vice-Chancellor of the Babcock University, Ilisan-Remo, Ogun State, Prof.Ademola Tayo has sought for a review of the existing provisions of the Tertiary Education Trust Fund TETFUND, to expand the scope beyond supporting public universities and extend the fund to private universities in the country
The vice-chancellor of Nigeria’s premier private university who made the call during a media interactive session with Education Writers Association of Nigeria (EWAN) on Sunday on the institution’s main campus in Ilisan-Remo, stressed that such review should be done by the National Assembly, to support human capital development and researches in private universities through grants
“It is only when TETFUND law is amended to accommodate private universities and personally TETFUND should support grants for researches and human capital development in private universities in the country”, he stressed
Prof.Ademola insisted that Babcock University would not compromise its high standard ,despite financial challenges posed by the present inflation in the country’s economy , arising from skyrocketing prices of goods ,foodstuff and other essential services
“We have highly respected emeritus professors and other professors and we have to pay them good salary to retain them in the university to sustain the high standard for the students to continue to get quality education, our products are testimonies of quality education as reflected in various laurels won by the undergraduates”, the vice-chancellor maintained
He explained that the university’s Students Support Centre was established to provide the needed support to any of the institution’s students who suddenly found him or herself in a financial difficulty due to loss of parents or any other unforeseen problems
The vice-chancellor hinted that Babcock University was at the advanced stage of digitalizing all its academic programmes ,haven invested heavily in providing the needed infrastructure for the application of the Information Communication Technology (ICT) in its operations
On the provision of physical infrastructure to cope increasing students population, he revealed that two hostels one each for boys and girls were being constructed while new Accident and Emergency building for the university teaching hospital’s MRI, opposite the university’s main gate as well as construction of 48 retailed shops opposite the university’s main gate, to boost commercial activities among members of the host community
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