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Nigeria’s Federal Executive Council Approves 11 Private Universities and Allocates Funds for Mining Monitoring

Nigeria’s Federal Executive Council has approved the establishment of 11 new private universities to expand higher education. Additionally, N2.5 billion was allocated for satellite monitoring of mining activities to combat illegal actions in the solid minerals sector. This strategic move aims to manage resources effectively and enhance educational growth.

In a significant move, the Federal Executive Council (FEC) of Nigeria has approved the establishment of 11 new private universities throughout the nation. The approval aims to broaden the higher education sector while concurrently addressing urgent issues within Nigeria’s solid minerals industry. This decision was made during a meeting led by President Bola Tinubu.

Additionally, the FEC allocated N2.5 billion for the procurement of satellite technology intended to monitor and regulate mining activities across Nigeria. Dele Alake, the Minister for Solid Minerals, stated that this satellite equipment would play a crucial role in identifying illegal mining operations and unregistered sites, which are significantly damaging the nation’s natural resources.

Minister Alake emphasized the need for effective management to prevent the further loss of wealth from unregulated mining practices. “We have lost trillions of naira to illegal exploitation of our solid minerals, and this technology will help prevent further devastation,” he remarked. He also addressed the challenges faced from state governments that have unlawfully closed mining fields, noting the conflict between state and federal rights over mineral resources.

Moreover, the 11 new private universities will be established in different states across Nigeria, as confirmed by the Minister of Education, Tunji Alausa. The institutions set for approval include:
1. New City University, Ayetoro, Ogun State
2. University of Fortune, Igbotako, Ondo State
3. Eranova University, Mabushi, Osun State
4. Minaret University, Ikirun, Osun State
5. Abubakar Toyin University, Oke-Agba, Kwara State
6. Southern Atlantic University, Uyo, Akwa Ibom State
7. Lens University, Ilemona, Kwara State
8. Monarch University, Iyesi-Ota, Ogun State
9. Tonnie Iredia University of Communication, Benin City
10. Isaac Balami University of Aeronautics and Management, Lagos
11. Kevin Eze University, Mgbowo, Enugu State

This expansion of private universities is expected to enrich Nigeria’s educational framework, offering more opportunities for students and contributing positively to various academic fields. Additionally, the FEC approved N1.9 billion for an insurance policy aimed at protecting key government assets, particularly in the aviation sector. Festus Keyamo, Minister of Aviation and Aerospace Management, stated that this policy would safeguard airports and other critical aviation infrastructure, ensuring their operational continuity and security.

In conclusion, the Federal Executive Council’s recent approvals for 11 new private universities and funding for satellite monitoring of mining activities represent significant steps towards enhancing Nigeria’s education and resource management. With the aim of curbing illegal mining, these initiatives highlight the government’s commitment to preserving natural resources and expanding educational opportunities for its citizens.

Original Source: www.tv360nigeria.com

Omar Fitzgerald

Omar Fitzgerald boasts a rich background in investigative journalism, with a keen focus on social reforms and ethical practices. After earning accolades during his college years, he joined a major news network, where he honed his skills in data journalism and critical analysis. Omar has contributed to high-profile stories that have led to policy changes, showcasing his commitment to justice and truth in reporting. His captivating writing style and meticulous attention to detail have positioned him as a trusted figure in contemporary journalism.

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