The National Universities Commission (NUC) has revealed the application fee for establishing private universities in Nigeria has increased by over 400%.
On Monday, news of the increment of the fee for purchase of application forms for the Establishment of a Private University from N1 million to N5 million spread on the internet.
NUC Executive Secretary, Abdullahi Ribadu, who provided clarification regarding the hike, said it is for better coordination.
Ribadu added that the increment is also meant to ensure that newly established private universities are positioned to meet the challenges of the 21st Century.
According to the NUC, the N25m reviewed fee would be communicated to applicants who have purchased the application form at the former rate of N1m but are yet to pay the processing fee for their application.
“They are also expected to effect payments within a period of 30 working days or risk forfeiture of their pending applications,” the commission said in a statement.
The NUC also disclosed the suspension of further processing of all inactive applications including those of private open universities (those that have not made progress on their applications or made submissions to the Commission for upwards of two years).
“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;
“Applications on Step 1 of the 14-Step Procedure (i.e. those that have submitted Letters of Intent only), and
“Acceptance of fresh applications for the establishment of private universities, including private open universities.
“For the avoidance of doubt, the Commission will continue to process pending active. applications and make appropriate recommendations to the Federal Executive Council for approval.”