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Two Presidential Candidates Are Planning To Sell Federal Universities’ – ASUU President

The President of the Academic Staff Union of Universities (ASUU), Professor Emmanuel Osodeke, has alleged that two presidential candidates are planning to sell the federal universities in Nigeria.

Osodeke disclosed the latest development on Wednesday while speaking in Makurdi during the special congress of ASUU, in honour of Professor Richard Kimbir, the outgoing Vice Chancellor of Joseph Sarwuan Tarka University, Makurdi, (JOSTUM) held at the Science lecture theatre.

The ASUU president said two presidential candidates, whose names were withheld, have plans of privatizing the universities or initiating student loans.

According to Tribune, Osodeke said the presidential candidates will soon unveil the agenda to privatize federal universities through Public Private Partnership, PPP, or settle for the option of student loan with five percent interest.

He said: “If you don’t know, they are planning to sell the universities (federal universities) through Public Private Partnership. This is being planned by two presidential candidates and the other plan is to initiate student loan at 5 percent interest.”

Speaking against Nigerian universities partaking in student loan programmes, the ASUU president claimed that such a decision is not in the right direction.

In his words: “In Nigeria where you have graduates that can not get job for several years and by the time you spend 30 years the loan will run to N40 million.

“After we are done with federal government, we will come back to the management of funds in our universities because some of the universities have problem of poor management of funds.

“As University, we don’t know how money is spent, how many of the universities have budget. The federal government, national assembly have their budget but this is not so in some universities. We are going to fight that soon”

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