Caleb University, Imota, Lagos State will be sending forth 15 first class students out of 355 students across the school’s four colleges, as the institution holds its sixth convocation on Friday.
The convocation lecture, which will hold tomorrow, will be presented by the Access Bank Managing Director Herbert Wigwe.
The university’s Vice Chancellor, Prof. Ayandiji Daniel Aina, said this to reporters at the institution’s main auditorium.
Ayandiji said despite the ongoing recession, the institution would not be increasing its school fees “so that the future of Nigeria can still be secured through education and enlightenment”.
He said: “Presently, we do not owe any worker any salary or allowance. We have not increased our fees either and we do not intend to do that so that the future of Nigeria will not be truncated.”
Ayandiji vowed that those graduating would set the pace in their different fields as well as enter into new areas successfully.
“We are a faith-based institution. Our graduates are distinguished and therefore they will always stand out. They are not backed up; so they will deliver”.
He disagreed with the popular notion that private universities have been set up for monetary gains.
Ayandiji said that was not true as most were more concerned with impacting functional and quality education to their students.
According to the VC, the Tertiary Education Trust fund (TETFUND) should spread its goodwill to all universities since any assistance given to them would be beneficial to Nigerians.
“We are not asking them to sponsor convocation but to improve education, thereby helping Nigerians to grow,” he added.
The institution got government’s approval on May 17 and started operation on January 21, 2008.
According to the VC, it has graduated many students, “who are both certified in learning as well as in character. It has all its programmes accredited by the Nigeria University Commission (NUC).”