Again, FG Enacts 7 years Ban on Creation of New Federal Tetiary Educational Institutions…details

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CBN

The Federal Government has enacted a seven-year ban on the creation of new federal tertiary educational institutions.

 

The Federal Executive Council (FEC) meeting, led by President Bola Tinubu on Wednesday, has decided to implement a five-year ban on setting up any new federal tertiary educational institutions throughout the nation. This suspension pertains to universities, polytechnics, and colleges of education.

 

CBN

Tunji Alausa, the Minister of Education, highlighted the reasons and importance of the moratorium. He pointed out that the pressing issue in Nigeria’s education sector is not about accessing federal tertiary institutions, but rather the problem of having too many institutions. This has resulted in a major decline in both infrastructure and workforce quality.

 

He said, “In our country, access to quality financial education is no longer an issue.

 

“What we are witnessing today is duplication of new federal tertiary institutions, a significant reduction in the current capacity of each institution, and degradation of both physical infrastructure and manpower.

 

“If we do not act decisively, it will lead to marked declines in educational quality and undermine the international respect that Nigerian graduates command.”

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