FG: King’s College Lagos Not Sold, Remains Publicly Owned
.Education unions suspend resumption in federal unity colleges over King’s College concession Funmi Ogundare The federal government yesterday clarified that King’s College, Lagos, has not been sold or privatised. It
The federal government has clarified that King’s College, Lagos, remains publicly owned and has not been sold or privatized. The Joint Congress of Unions of the Federal Ministry of Education has suspended resumption for the first term academic session in all Federal Unity Colleges nationwide following the proposed concession of King’s College.
The Ministry of Education, under the direction of the Minister of Education, Tunji Alausa, explained that King’s College would be subject to a Public-Private Partnership (PPP) concession. Under the agreement, the King’s College Old Boys’ Association (KCOBA) would handle financing, rehabilitation, modernization, operation, and maintenance of the school, while the government would retain legal title and its regulatory, monitoring, and enforcement powers.
The purpose of the arrangement is to secure investment and management capacity to strengthen the institution. The government has emphasized that it will continue to oversee the college and monitor implementation, holding all parties to their contractual obligations. The unions have rejected the concession, stating that staff members oppose the sale or privatization of King’s College and other Federal Unity Colleges.
They have called on the public to join them in resisting what they describe as the "sale of our heritage institutions," urging for the integrity and public purpose of King’s College to be protected while ensuring the institution receives necessary investment and improvements.
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