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NEWS UPDATE: TETFund should finance private polytechnics, universities in Nigeria – PFN leader, Wale Oke

NEWS UPDATE: TETFund should finance private polytechnics, universities in Nigeria – PFN leader, Wale Oke

Pentecostal Fellowship of Nigeria (PFN) President, Bishop Francis Wale Oke wants the Tertiary Education Trust Fund (TETFund) to back up private polytechnics and universities in Nigeria.

The respected cleric, at the weekend, urged the Federal Authorities to review the Tertiary Education Trust Fund (Establishment) Deed of 2011.

Oke, the founder and Presiding Bishop of Christ Life Church building, is Chancellor of Precious Cornerstone Academy in Ibadan, Oyo Province.

He spoke on the role of faith-based schools in national transformation during the initiatory Archbishop Benson Idahosa Memorial Lecture at the Benson Idahosa Academy, Republic of Benin.

Oke said the institutions have go major drivers of economical advancement, with their products playing outstanding roles in the different sectors.

He mentioned Sola Akinlade and Ezra Olubi (Paystack); Babatunde Akin-Moses and Onyinye Okonji (Sycamore); Joshua Chibueze (Piggyvest), amidst others, as graduates of church-owned universities.

Oke insisted that the huge investment in human and stuff resources by owners created a to a greater extent conducive teaching and learning environs as good as a steady academic calendar.

The bishop said this has been buttressed by reports of the accreditation exercises conducted by the National Universities Commission (NUC), recent Nigerian Law School results, etc.

He maintains that the TETFund mandate of rehabilitation, restoration and consolidation of tertiary education will be partially fulfilled whether it continues to focus on government-owned polytechnics and universities.

“The same way private sector players in Banking, Aviation, Agriculture and other sectors have received different forms of back up and funding, so should Education, which is a to a greater extent critical sector

“The volume of investors in tertiary education are social entrepreneurs, whose primary involvement is not turn a profit. They have, over time, developed a robust governance system that makes for greater accountability and transparency”, he said.

Oke lauded Benson Idahosa, the 3rd PFN President, for his foresight and investment in tertiary education as far dorsum as 1978 when his academy became the first of all to apply for NUC approbation.

In conclusion week, at the Wellspring Academy discourse on funding and futurity of education in Nigeria, ex-Anambra Governor, Peter Obi advised TETFund to extend interventions to private schools.


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