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FG warns tertiary institutions against exploitative PPP deals

FG warns tertiary institutions against exploitative PPP deals
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Verified Synthesis~52s read
By Joseph Erunke, Abuja The Federal Government has warned federal universities, polytechnics and other tertiary institutions against entering into Public-Private Partnership (PPP) agreements that prioritise investors’ profits over students’ welfare. The Director Overseeing the Office of the Permanent Secretary, Federal Ministry of Education, Dr Folake David, gave the warning in Abuja while declaring open a two-day annual PPP Forum for Desk Officers in Federal Tertiary Institutions.
Context & Background
  • ✦The forum, organised by the Federal Ministry of Education in collaboration with the Nigerian Institute of Infrastructure and Public-Private Partnership (NIIP), was themed, “Public-Private Partnership: Bridging the Gap Between Policy, Investment and Sustainable Implementation.” David said the theme reflected a major challenge facing the education sector, noting that although the government had established policy frameworks and investors had expressed interest, translating both into viable projects remained a major hurdle.
Outlook & Next Steps
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Key Takeaways
Verified Extract
  • ✦By Joseph Erunke, Abuja The Federal Government has warned federal universities, polytechnics and other tertiary institutions against entering into Public-Private Partnership (PPP) agreements that prioritise investors’ profits over students’ welfare.
  • ✦The Director Overseeing the Office of the Permanent Secretary, Federal Ministry of Education, Dr Folake David, gave the warning in Abuja while declaring open a two-day annual PPP Forum for Desk Officers in Federal Tertiary Institutions.
  • ✦The forum, organised by the Federal Ministry of Education in collaboration with the Nigerian Institute of Infrastructure and Public-Private Partnership (NIIP), was themed, “Public-Private Partnership: Bridging the Gap Between Policy, Investment and Sustainable Implementation.” David said the theme reflected a major challenge facing the education sector, noting that although the government had established policy frameworks and investors had expressed interest, translating both into viable projects remained a major hurdle.
Editorial Excerpt

By Joseph Erunke, Abuja The Federal Government has warned federal universities, polytechnics and other tertiary institutions against entering into Public-Private Partnership (PPP) agreements that prioritise investors’ profits over students’ welfare.

Frequently Asked Questions About This Story

What is the latest development regarding United Bank for Africa?

By Joseph Erunke, Abuja The Federal Government has warned federal universities, polytechnics and other tertiary institutions against entering into Public-Private Partnership (PPP) agreements that prioritise investors’ profits over students’ welfare.

Who are the key organizations or public figures mentioned?

The primary parties identified in this coverage include United Bank for Africa, Federal Capital Territory.

What are the broader implications of this development?

The forum, organised by the Federal Ministry of Education in collaboration with the Nigerian Institute of Infrastructure and Public-Private Partnership (NIIP), was themed, “Public-Private Partnership: Bridging the Gap Between Policy, Investment and Sustainable Implementation.” David said the theme reflected a major challenge facing the education sector, noting that although the government had established policy frameworks and investors had expressed interest, translating both into viable projects remained a major hurdle.

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