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FG Confirms King’s College Lagos Remains Publicly Owned

FG Confirms King’s College Lagos Remains Publicly Owned

The federal government of Nigeria clarified that King’s College, Lagos, has not been sold or privatized, maintaining that it remains publicly owned with the legal title held by the government. This statement was made amidst concerns raised by the Joint Congress of Unions of the Federal Ministry of Education, which suspended the resumption of students for the first term in all Federal Unity Colleges due to the proposed concession of King’s College.

Minister of Education, Tunji Alausa, explained that under the concession agreement, the King’s College Old Boys’ Association (KCOBA) would finance, rehabilitate, modernize, operate, and maintain the school, while the Federal Government retains legal title and oversight responsibilities. Alausa assured that the concession is not a sale and emphasized the need for investment to strengthen the institution.

He called for engagement from the King’s College community and the public to assess the concession based on its implementation and results.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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