King’s College Lagos Remains Publicly Owned, Confirms Minister

On 12 September 2026, the Federal Government of Nigeria, through Minister of Education Dr. Tunji Alausa, clarified that King’s College, Lagos, has not been sold or privatized, assuring stakeholders of its continued public ownership. The clarification was made in light of a Public-Private Partnership (PPP) concession agreement with the King’s College Old Boys’ Association (KCOBA).

Alausa emphasized that the agreement does not transfer ownership or proprietary interest to KCOBA, as the Federal Government retains legal title and oversight responsibilities. The PPP aims to mobilize financial and management resources to rehabilitate and modernize the institution while preserving its public character.

KCOBA will finance, rehabilitate, operate, and maintain the school’s facilities. The arrangement is designed to address infrastructure challenges and ensure long-term sustainability.

Admission policies will continue to uphold merit and equitable representation from all states, and there is no automatic increase in school fees under the agreement.