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The National Universities Commission (NUC) has significantly increased the cost of applying to establish private universities in Nigeria, raising fees by over 400%.
In a statement on Monday, NUC Executive Secretary Abdullahi Ribadu explained that the fee adjustment aims to enhance regulatory oversight and ensure that new private universities are well-prepared to meet modern academic challenges.
According to DAILY POST, the cost of purchasing an application form has risen from N1 million to N5 million, while the processing fee has jumped from N5 million to N25 million.
The commission also stated that applicants who previously bought the form at the old rate but have yet to pay the processing fee must comply with the revised N25 million charge within 30 working days or risk losing their applications.
Since 1999, based on NUC recommendations, the Federal Government has approved 149 private universities across the country.