A new university by name of University of Africa, Toru-Orua, Bayelsa, has been approved for establishment by the National Universities Commission (NUC).
The National University Commission (NUC) has approved the establishment of University of Africa as the 43rd state university in the country.
The university which is an initiative of the Bayelsa State Government will run as a Public Private Partnership. This implies that the government will provide the enabling environment for it while the private sector finds it.
According to the Executive Secretary of the commission, Professor Julius Okojie, in a letter, the establishment of the university took effect from the 28th of July as it has meet the basic requirements for its establishment.
He equally disclosed that the university is the 143rd in the Nigerian university system.
It is expected to attract worldwide involvement of those seeking quality education and others willing to facilitate such a venture.
“I am here leading this small delegation to present to you these laws passed by the Bayelsa State House of Assembly, establishing a new university working with the private sector.
“It will be run on a public private partnership (PPP), basis. Unlike the existing one, it will not be directly funded by the state.
“Our belief is that for a university to be sustainable, we must create room for private sector participation and involvement.
“The University of Africa, Toru-Orua, is the first of its kind in this country to be established by government with private sector involvement.
“It will be strictly a fee paying tertiary institution that will attract students from across the continent and the globe.
“It will be the model as we encourage more private universities in this country’’, the governor said.