The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Prof Suleiman Elias Bogoro has disclosed that private educational institutions will not benefit from the TETFUND.
Speaking in an interview with Daily Trust, Bogoro said, extending the Fund to private institutions will amount to the government subsidizing the private sector.
“Nowhere in the world has government subsidized the private sectors, it only provides enabling environment for them to thrive, and education institution cannot be an exception.”
“Government made it clear that the fund has to be for public tertiary institutions.”
“All governments target largest number of persons for intervention in development.
“Beyond that, government goes to the narrower premise of prioritizing intervention for children of the less
privileged,” Bogoro said.
He continued: “The entire students’ population of all private universities is between 70,000 and 80,000.
“You take only two public universities and you have that number. That is, two public universities have the population of all the 45 private universities.
“You can see why government says our intervention projects should be on public tertiary institutions because that is where the majority of students study, particularly those from less privileged families.
“Government is sensitive about addressing the challenges of the majority and the majority are the less privileged.”