Tuitio Fee:Covenant University plans to reduce tuition fee soon –VC

The Vice-Chancellor, Covenant University, Ota, Ogun State, Prof.
Charles Ayo, has hinted that the school may likely reduce its tuition
fees in a bid to accommodate more students who will want to benefit
from the quality education it offers.
Addressing a news conference on Friday over the school's recent
Webometrics ranking as the first in Nigeria and West Africa and the
15th in Africa, he said even though there is no actual date for the
likely review yet, the initiative would make admission into the school
more affordable and competitive.
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He explained that apart from the fact the Chancellor of the school,
Dr. David Oyedepo, had already thought about it, the school management
also had plans to increase its internally generated revenue so as to
augment its income, which would make the review easy.
He said, "Going by the thinking of the proprietor and chancellor, the
commission is thinking of reducing the fees with a view to allowing
more people to be able to benefit from the quality education that we
have here, but it's going to be highly competitive.
"This may affect us because we would need to work more on our IGR, but
we are up to the task. The beauty of it all is to be able to leave it
open to all, however, we are mindful of our carrying capacity, which
will only engender stiff competition before anybody would be able to
get admission.
"By the next academic session, the university will be going into
production of certain items and looking at our projection on the
adventure, we are going to be raking in billions, which will
supplement our income and with that, we can be sure that the fees
would be reducing gradually, which also shows that education venture
is not necessarily about profit-making but about service to humanity."
The vice-chancellor explained that with the recently released
Webometrics Ranking of February 10, 2015, "Covenant University is now
the first among all the universities in Nigeria and West Africa and
the 15th in Africa.
"Last year, we were the second in Nigeria and 25th in Africa, but now
we have improved greatly, and this is because we came in with a view
to introducing a change, which was a clear departure from what others
do, therefore, this feat and many others do not really come as a
surprise to us."
Webometrics Ranking is the ranking of about 2,500 institutions in the
world based on their web presence, impact, presence, openness and
excellence.
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