“If Nigeria does not change, by 2027, most of our federal universities will be quasi-privatized. And when that happens, economic mobility will freeze for many, since the poor folks will not have access to university education which typically unlocks the future.” – Ndubuisi Ekekwe, repeated in Sept 2022.
“A member of the House of Representatives says the House will support the campaign for the privatisation and commercialisation of the federal teaching hospitals, to enhance efficiency and better healthcare delivery.” News Agency of Nigeria, June 2024.
Yes, expect many federal agencies and institutions to go, because by 2025, our debt servicing will overtake our revenue, breaking the equilibrium. When that happens, one by one, the private sector will be asked to take over many things in the nation.
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Of course, if the teaching hospitals are privatized, the medical schools in universities will be affected. I expect many new federal universities to collapse into major first generation universities.
In Rwanda, they have ONE university as they merged all public universities under one, University of Rwanda, turning those non-surviving universities into colleges. Nigeria may not go to that level, but there would be changes!
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