The administration of a faith-based university, Wesley University, Ondo town in Ondo State, has announced a 50% cut in tuition costs.
The institution stated that the development was part of its efforts to contribute to the advancement of humanity.
Prof. Samuel Obeka, the university's Vice Chancellor, announced this on Monday in a statement made accessible to our correspondent.
According to him, the tuition price reduction of 50% applies to some of the institution's programs in the departments of Natural and Applied Sciences, Education, Agriculture, Finance and Investment, and Economics.
According to the VC, the impacted programs are very important to national growth but are underutilized by students due to their "high tuition fees and assumed abstract or ambiguous nature."
He said, “The gesture was implemented to encourage parents and guardians to allow their children and wards to enjoy the benefits and endowments inherent in the institution. This is also done in fulfilment of the promise made at the inception of our university to give opportunity to all Nigerians for professional and academic development, and thereby, contribute to national development.
“The Methodist Church Nigeria thought it wise to establish Wesley University, Ondo as part of her efforts to midwife effective and robust national ethos and practical implementation of national development policies.”
According to the Don, the institution provided 44 academic programs divided throughout nine colleges, all of which were accepted and certified by the National Universities Commission.
Some of the programmes, he said, were in the Colleges of Law, Arts, Education, Natural and Applied Sciences, Environmental Design and Management, Agriculture, Food Science and Technology, Health Sciences and Social and Management Sciences.