FEC Approves Nine New Private Universities

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The Federal Executive Council has approved the establishment of nine new private universities across the country.

This was disclosed by the Minister of Aviation, Mr Osita Chidoka, who was among the ministers that briefed newsmen after the council meeting.

The universities approved are: Augustine University Iloran, Lagos State; Chrisland University, Owode, Ogun State; Christopher University, Mowe, Ogun State; Hallmark University, Ijebu Itele, Ogun State; Kings University, Odeomu, Osun State; Micheal and Cecilia Ibru University, Orode in Delta State; Mountain Top University, Makogi Oba in Ogun State; Ritman University, Ikot Ekpene, in Akwa Ibom State; Summit University Offa in Kwara State.

Also approved are loan facilities to the tune of over 4oo million dollars for various development projects in Lagos, Osun, Ogun, Rivers State and community development across the 36 states of the federation.

The Minister of State for Finance, Bashir Yiguda, told journalists that the approval of the loan facilities were part of the Goodluck Jonathan administration’s commitment to better the lives of Nigerians in line with the Transformation Agenda.

Also approved is the award of contract for consultancy services and construction works of the head office complex and ancillary facilities of the Nigerian Content Development and Monitoring Board in Yenegoa, Bayelsa, in the sum of 27.1 billion naira.