News: Covenant University finally set to reduce expensive school fees

The Vice-Chancellor, Covenant University, Ota, Ogun State,
Prof. Charles Ayo, has hinted that the school may likely
reduce its tuition fees in a bid to accommodate more
students who will want to benefit from the quality
education it offers.
Addressing a news conference on Friday over the school’s
recent Webometrics ranking as the first in Nigeria and West
Africa and the 15th in Africa, he said the move would make
admission into the school more affordable and competitive.
He explained that apart from the fact the Chancellor of the
school, Dr. David Oyedepo, had already thought about it,
the school management also had plans to increase its
internally generated revenue so as to augment its income,
which would make the review easy:
“Going by the thinking of the proprietor and chancellor, the
commission is thinking of reducing the fees with a view to
allowing more people to be able to benefit from the quality
education that we have here, but it’s going to be highly
competitive.
“This may affect us because we would need to work more
on our IGR, but we are up to the task. The beauty of it all is
to be able to leave it open to all, however, we are mindful
of our carrying capacity, which will only engender stiff
competition before anybody would be able to get
admission.
“By the next academic session, the university will be going
into production of certain items and looking at our
projection on the adventure, we are going to be raking in
billions, which will supplement our income and with that,
we can be sure that the fees would be reducing gradually,
which also shows that education venture is not necessarily
about profit-making but about service to humanity.”
The vice-chancellor said with the released Webometrics
Ranking of February 10, 2015, “Covenant University is now
the first among all the universities in Nigeria and West
Africa and the 15th in Africa.
“Last year, we were the second in Nigeria and 25th in
Africa, but now we have improved greatly, and this is
because we came in with a view to introducing a change,
which was a clear departure from what others do,
therefore, this feat and many others do not really come as
a surprise to us.”
Webometrics Ranking is the ranking of about 2,500
institutions in the world based on their web presence,
impact, presence, openness and excellence. CLICK HERE TO READ FULL AND TOUCHING NIGERIAN CELEBRITIES BIOGRAPHY AND SCANDALS

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