Send your children to local varsities, JAMB registrar tells wealthy Nigerians
The Registrar of the Joint Admissions and Matriculation Board , Prof . Is – haq Oloyede , has advised the elite to stop sending their children abroad for the first degree education .
Oloyede , who noted that private universities must be “realistic by considering the economic situation in the country , ” said some private universities in the country were set up to make money.
The registrar said this on Thursday night in Abuja , during a training and sensitisation for admission officers and stakeholders from universities .
Oloyede added that the board would no longer consider students admitted by universities , who did not have the Ordinary Level and the Unified Tertiary Matriculation Examination requirements .
He said , “Private universities have a challenge of high costs of school fees . I believe that the private universities are established for worthy purposes . In Nigeria , all of them claim they are not for profit but most of them are for profits . Let private institutions be declaring their status .
“’Not for profit ’ means that they are doing it for public services and their charges will reflect that . When they are able to recover their overhead , I think they can be okay. But some are established , especially for making money. It is not a crime; but show us where you stand. The market forces will determine where students will be . What is happening is that the private universities must be realistic in taking into consideration the economic realities in the country . Otherwise , they will put themselves out of the market .