The Executive Secretary, Tertiary Education Trust Fund (TETfund), Prof Suleiman Bogoro, has advocated more investment in research in Nigerian universities, describing the measure as the best way to actualise radical development of the nation.
He said TETfund had signed Memoranda of Understanding with foreign universities to boost Nigerian ivory towers’ statuses in global reckoning.
Bogoro spoke at the Afe Babalola University, Ado Ekiti (ABUAD), yesterday while delivering a lecture to mark the 12th founder’s anniversary and 9th convocation ceremonies of the university.
At the event, the founder of ABUAD, Chief Afe Babalola (SAN), said there was need for the law establishing TETFUND to be reviewed to allow for private universities to benefit funding from the agency.
He also advocated that universities above 30 years old shouldn’t be given funding by TETFUND for infrastructure development, adding that such monies were being spent on frivolities.
“Instead of giving any well established universities monies to build guest houses, they should be given funds for research and innovation,” he said.
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