Skip to content
September 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit
  • National News

FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit

Admin September 16, 2026

Dr Tunji Alausa

Dr. Tunji Alausa

The Federal Government is exploring alternative management options for King’s College, Lagos, following severe infrastructure decay and chronic funding shortfalls at the historic institution.

The Minister of Education, Dr. Tunji Alausa, disclosed this on Wednesday in Abuja while clarifying the government’s position on a proposed collaboration with the King’s College Old Boys Association (KCOBA).

Alausa stated that an unannounced visit to the college revealed dilapidated hostels, substandard sanitary facilities, decaying classrooms, and prolonged power outages.

He also revealed that parts of the school premises were being illegally operated as a commercial car park, creating severe security risks. The minister added that he immediately ordered the termination of the parking arrangement.

Addressing the funding crisis, Alausa noted that the Federal Government faces a massive infrastructure deficit across its 115 Federal Unity Colleges, estimating that even N2trillion would be insufficient to fix the nationwide decay accumulated over four decades.

Under the proposed arrangement, KCOBA, which claims to have already invested over N2billion in the school, will mobilise substantial capital to rehabilitate and modernize facilities while the Federal Government retains ownership.

The association has promised to preserve merit-based admissions and maintain national access.

Alausa assured that the administration remains committed to restoring the college’s legacy and will continue dialogue with relevant labor unions on the proposed management framework.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: KCOBA Tunji Alausa

Post navigation

Previous Lagos Assembly Moves to Regulate Artisans, Holds Public Hearing on New Bill
Next Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi

Related Stories

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi
  • National News

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi

September 16, 2026
Lagos Assembly Moves to Regulate Artisans, Holds Public Hearing on New Bill MDAs
  • National News

Lagos Assembly Moves to Regulate Artisans, Holds Public Hearing on New Bill

September 16, 2026
Oriire ​‌‌‌⁠‍‍⁠⁠‌⁠​​⁠‍​⁠⁠‌​school abduction: DSS to re-arraign 5 suspected Ansaru terrorists
  • National News

Oriire ​‌‌‌⁠‍‍⁠⁠‌⁠​​⁠‍​⁠⁠‌​school abduction: DSS to re-arraign 5 suspected Ansaru terrorists

September 16, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi
  • National News

Delaying Telcos from Financial Sector Was a Mistake, Says Ex-CBN Governor Sanusi

September 16, 2026
FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit
  • National News

FG Explores New Management Model for King’s College Over N2trn Infrastructure Deficit

September 16, 2026
Lagos Assembly Moves to Regulate Artisans, Holds Public Hearing on New Bill MDAs
  • National News

Lagos Assembly Moves to Regulate Artisans, Holds Public Hearing on New Bill

September 16, 2026
Oriire ​‌‌‌⁠‍‍⁠⁠‌⁠​​⁠‍​⁠⁠‌​school abduction: DSS to re-arraign 5 suspected Ansaru terrorists
  • National News

Oriire ​‌‌‌⁠‍‍⁠⁠‌⁠​​⁠‍​⁠⁠‌​school abduction: DSS to re-arraign 5 suspected Ansaru terrorists

September 16, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.