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Varsities urged to properly use World Bank money

04 August 2015, 14:19Okoro Chinedu

Lagos – The Executive Secretary of the National Universities Commission, Prof. Julius Okojie, has urged local institutions to appropriately use funds the World Bank has made available for their benefit.

It was recently announced the Bretton Woods institution had released the first batch of N1,4 billion to ten Nigerian universities listed among the Higher Education Centres of Excellence Project for Africa.

Okojie appealed to the benefitting universities to use the funds properly to enhance the country’s rating.

Also Read: Buhari welcomes World Bank funds to rebuild northeast

“The success of the African Centres of Excellence exercise holds the prospect of favourable global ranking for Nigerian universities and the nation cannot afford to toy with the opportunity,” he said at a workshop in Abuja.

The development objective of the Higher Education Centers of Excellence Project for Africa is to support the recipients to promote regional specialization among participating universities in areas that address regional challenges and strengthen the capacities of these universities to deliver quality training and applied research.

Locally, the Federal University of Agriculture, Abeokuta; Bayero University, Kano; Benue State University, and the Redeemer's University, Osun State. Others are the University of Jos; Ahmadu Bello University, Zaria; University of Benin; University of Port Harcourt, and the Obafemi Awolowo University, Ile Ife, Osun State are posed to benefit. 

- CAJ News


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