‘One year moratorium!’ FG Raises Application Fee for Establishment of Private University to N30m

OwelekeTV — The federal government has raised the fees for purchasing and processing of application forms for new private universities to N30 million.

The amount, according to the National Universities Commission, NUC, include a N5 million for application form and a N25 million as processing fee, respectively.

The NUC, in a statement to this effect on Monday, equally announced imposition of a one year moratorium on establishment of new private universities in the country.

To this effect, the commission said it has suspended all inactive applications including those of private open universities for a period of one year.

The statement signed by NUC Executive Secretary, Prof. Abdullahi Ribadu, explained that the one-year moratorium affects applicants that have not made progress on their applications or made submissions to the Commission for upwards of two years.

The NUC boss said the review of the application fee and other guidelines for establishment of private universities was in line with the provisions of the Education, National Minimum Standards and Establishment of Institutions, Act, CAP E3, Laws of the Federation of Nigeria, 2004.

He added that the law empowers the commission to provide guidelines for the establishment of all private universities in the country.

According to him, the fee for purchase of application forms for the establishment of a private university is reviewed from N1 million Naira to N5 million while the processing fee for the application is reviewed from N5 million to N25 million.