President Muhammadu Buhari said his administration has released 100 per cent capital allocation to Nigerian Public Universities in 2021.
Buhari made this statement at the 6th Convocation ceremony of Alex Ekwueme Federal University Ndufu-Alike Ikwo, Ebonyi State, where he further disclosed that his administration had increased specific interventions to tertiary education through the provision of Tertiary Education Trust Fund (TETFUND) and from other support agencies.
He pledged that his administration would remain committed to expanding access to quality tertiary education in Nigeria, adding that such commitment to quality tertiary education, was already propelling the country to greatness, economic growth and development.
He also said that his administration understood the importance of education in achieving national greatness and development.
Represented by the former Vice-Chancellor of the university and Scholar with the National Universities Commission (NUC), Prof Chinedum Nwajiuba, Buhari said that the federal government is committed to funding education at all levels.
He said, “I am glad we have released 100 per cent capital allocation for the university this 2021.
“It goes without saying that the quality and quantity of functional knowledge and saleable skills at the disposal of our nation’s citizens is directly proportional to their degree of socio-economic and political empowerment, especially in the 21st-century economy.
“I urge all Nigerians and especially the academia to remain focused in the cardinal objectives of university education which are teaching, research and community service,” Buhari said.
However, the President urged the graduands of the university to remain good ambassadors of their alma mater and use the knowledge to contribute to national development.