Federal Government of Nigeria has increased the application fee for the establishment of private universities across the country,b the gazellenews.com reports.
The National Universities Commission (NUC), which made the disclosure in a statement issued on Monday, 10 February, 2025, said the application fee has been increased from N1 million to N5 million while the processing fee has been moved from N5 million to N25 million.
The statement signed by NUC’s executive secretary, Abdullahi Ribadu said the increase was made to ensure and enhancement of the coordination of the institutes and ensure that newly established private universities are equipped to handle growing 21st-century challenges.
According to Ribadu, institution which earlier applied before the increase would be affected by the new fee.
“They are also expected to effect payments within a period of 30 working days or risk forfeiture of their pending applications .The Commission hereby imposes a Moratorium for a period of one year with effect from Monday, 10th February, 2025 on:
“Inactive applications for the establishment of new private universities to enable the Commission to conduct a comprehensive review of such pending applications with a view to determining their viability.
“Acceptance of fresh applications for the establishment of private universities, including private open universities,” Ribadu said in the statement.
