Federal Government Approves Establishment of Two New Private Universities

The Nigerian Federal Government has given its approval for the establishment of two new private universities, further expanding the landscape of tertiary education in the country. The new institutions are Lighthouse University, located in Evbuobanosa, Edo State, and the African School of Economics in the Federal Capital Territory (FCT), Abuja.

This development comes as a welcome addition to the growing number of private universities in Nigeria, providing more opportunities for students to access quality higher education. The establishment of these new institutions is expected to increase access to tertiary education, foster healthy competition, and contribute to the overall development of the education sector.

Lighthouse University, Evbuobanosa, Edo State: Lighthouse University is a faith-based institution founded with a mission to provide a holistic educational experience that combines academic excellence with spiritual and moral development. The university aims to equip students with the knowledge, skills, and values required to become responsible and ethical leaders in their respective fields.

The establishment of Lighthouse University in Edo State is expected to boost the state’s educational landscape and contribute to its economic growth by producing skilled graduates who can drive innovation and development in various sectors.

African School of Economics, FCT: The African School of Economics is a specialized institution dedicated to advancing economic education and research in Nigeria and the broader African continent. The university’s focus is on providing cutting-edge education in economics, finance, and related disciplines, with a strong emphasis on practical applications and industry relevance.

Located in the Federal Capital Territory, the African School of Economics aims to attract students from across Nigeria and other African countries, fostering a diverse and intellectually stimulating environment. The institution is poised to contribute to the development of a skilled workforce capable of addressing economic challenges and driving sustainable growth in the region.

With the approval of these new private universities, the Federal Government reaffirms its commitment to promoting access to quality education and fostering an environment that encourages private sector participation in the education sector. The establishment of private universities not only complements the efforts of public institutions but also introduces healthy competition, which can drive innovation and enhance the overall quality of education in the country.

Prospective students, parents, and stakeholders in the education sector eagerly anticipate the commencement of academic activities at Lighthouse University and the African School of Economics. These institutions have the potential to shape the future leaders and economic experts who will contribute to the development of Nigeria and the African continent as a whole.

The Federal Government’s approval of these new private universities represents a step forward in the pursuit of educational excellence and the creation of a knowledge-based economy.