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Our Universities Risk Bankruptcy Barring Nigerian, Other Foreign Students – UK Don Warns Prime Minister Rishi Sunak

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Our Universities Risk Bankruptcy Barring Nigerian, Other Foreign Students – UK Don Warns Prime Minister Rishi Sunak

 

Our Universities Risk Bankruptcy Barring Nigerian, Other Foreign Students – UK Don Warns Prime Minister Rishi Sunak

 

Universities in the United Kingdom could go bankrupt if the government limited the number of foreign students in a bid to bring down net migration, an adviser on immigration policy warned.

 

UK Prime Minister Rishi Sunak’s potential plan to clamp down on Nigerians and other foreign nationals taking “low-quality” degrees could “send many universities over the edge”, particularly in poorer regions, the chair of the government’s Migration Advisory Committee said.

On Friday, Prof Brian Bell told BBC Radio 4’s Today programme, “Most universities for most courses lose money on teaching British students and offset that loss by charging more for international students. If you close down the international route I’m not sure how the university continues to survive.”

Bell maintained that while other elite varsities were allowed to take in foreign students, other regions could suffer if they were restricted.

He said London, Cambridge and Oxford would do well if overseas students were only allowed places at “elite” universities, asking, “But what about Newcastle, what about the North-East, the North-West, Scotland?”

“If you’re interested in the levelling-up agenda, you might want to worry about harming universities around Britain,” the King’s College economics professor added. He pointed out that it was not just an immigration policy but also an education policy, as it could lead to a “massive increase” in British students’ fees to make up for the loss of foreign students’ payments.

The prime minister was considering a crackdown on international students bringing defendants and restricting admissions to top universities, The Times reported on Thursday after net migration to the UK climbed to a record 504,000.

Sunak’s official spokesperson said he was “fully committed” to bringing overall immigration levels down and blamed “unprecedented and unique circumstances” for the record high.

The official noted, “We’re considering all options to make sure the immigration system is delivering, and that does include looking at the issue of student dependants and low-quality degrees.”

This would be in line with proposals being explored by the home secretary, Suella Braverman, who has previously complained about foreign students “bringing in family members who can piggyback on to their student visa” and “propping up, frankly, substandard courses in inadequate institutions”.

Bell said restricting the number of family members students could bring to the UK was “certainly worth looking into.”

Quite a number of Nigerians have left home country for UK to seek tertiary education, with the number surging in 2022.

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Alakija Hails Gov Adeleke

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The Chancellor of Osun State University and Executive Vice Chairman of Famfa Oil Limited, Folorunso Alakija has described Governor Ademola Adeleke as “an action Governor who is delivering good governance to the good people of Osun state”.

She bared her mind, while hosting Gov Adeleke at the Ikoyi headquarters of Famfa Oil Limited.

According to her, she she has been following activities of Gov Adeleke since he assumed office, and commended him for setting a good leadership example.

The billionaire businesswoman on the occasion flanked by two of her directors, Ladi and Folarin Alakija, noted that the Osun State Governor has been demonstrating strong passion for public service and pursuing a big agenda for the state.

She prayed to God Almighty to strengthen the Governor for a second term in office, as in her opinion, four years were not enough for an action governor like Gov Adeleke to deliver fully on his ambitious agenda for the state.

Reviewing her tenure as the Chancellor of the Osun State University, the Famfa boss recalled the conception and stages of completion of the UNIOSUN Medical Research and Training Hospital which she wholly donated and financed.

She pointed out that the project which is 95 percent completed was designed to serve the health needs of patients from far and near and elevate service to humanity to a higher level.

Earlier, Governor Adeleke, accompanied by the Vice Chancellor of the Osun State University, Prof Odunayo Clement Adebooye and other state officials, said he was ‘on a thank you visit to the business mogul to appreciate her huge contributions to the growth and development of the state university’.

Gov Adeleke expressed appreciation for the massive multi-billion naira Medical Research and Training hospital that Apostle Dr Alakija was building at the State university, describing Famfa boss as “a commendable role model in the field of philanthropy.

“We are here as a government to appreciate you. You are uncommon and rare in your love for service to humanity.”

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JUST IN: FG Announces Launch Date For Student Loan Applications

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The Federal Government of Nigeria (FGN) has announced that the portal for student loan applications will officially open on May 24, 2024.

This development is part of the Nigerian Education Loan Fund’s efforts to enhance access to higher education, as stated by the Fund’s media lead, Nasir Ayantogo, on Thursday night.

According to Ayantogo, the launch of the application portal is a significant step in President Bola Tinubu’s commitment to providing accessible and inclusive education for Nigerian students.

This initiative follows the signing of the Access to Higher Education Act, 2023, by President Tinubu on June 12, 2023 which aims to provide interest-free loans to financially disadvantaged students pursuing higher education in Nigeria.

Dele Alake, a member of the former Presidential Strategy Team, noted that this move fulfills one of President Tinubu’s key campaign promises to liberalize funding for education.

The Act, popularly known as the Students Loan Law, also established the Nigerian Education Loan Fund to handle all loan requests, grants, disbursements, and recoveries.

Initially, the government announced that the scheme would launch in September, but it faced several delays, resulting in an indefinite postponement in early March.

The Presidency attributed the delay to President Tinubu’s directive to expand the scheme to include loans for vocational skills.

Following a briefing from the NELFUND team led by the Minister of State for Education, Dr. Yusuf Sununu, on January 22, President Tinubu instructed the Fund to extend interest-free loans to Nigerian students interested in skill-development programs.

President Tinubu stressed the importance of including those who may not seek university education, noting that skill acquisition is equally as important as earning academic degrees.

He had said, “This is not an exclusive programme. It is catering to all of our young people. Young Nigerians are gifted in different areas.

“This is not only for those who want to be doctors, lawyers, and accountants. It is also for those who aspire to use their skilled and trained hands to build our nation.

“In accordance with this, I have instructed NELFUND to explore all opportunities to inculcate skill-development programmes because not everybody wants to go through a full university education,”

Through the portal, students can now access loans to pursue their academic aspirations without financial constraints.

According to the statement, the portal features a user-friendly interface, allowing students to conveniently submit their loan applications.

The statement added, “We encourage all eligible students to take advantage of this opportunity to invest in their future and contribute to the growth and development of our nation. Students can access the portal on www.nelf.gov.ng to begin application.”

 

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JUST IN: Tinubu Welcomes Senegal’s Youngest President At Villa

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President Bola Tinubu received Senegal’s newly elected President, Bassirou Faye, at the Aso Rock Villa in Abuja on Thursday.

Faye, who arrived at 3:09 p.m., is making his first official visit to Nigeria since taking office last month.

At 44, he is the youngest president in Senegalese history, having secured a decisive victory in April’s delayed presidential election with over 54% of the vote.

 

 

 

More to follow…….. 

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