… To Boost National Devt
President Federal Republic of Nigeria, Bola Ahmed Tinubu has said that the Federal Government will continue to prioritise policies and investments in the education sector to boost national development.
The President who was represented by the Minister of Education, Dr. Olatunji Alausa stated this at the 55th convocation ceremony of the University of Lagos on Thursday.
According to him, his administration recognised that education is the cornerstone of national development and the bedrock upon which a prosperous society is built, “therefore this understanding is reflected in our policies and investments in the education sector.”
He disclosed that the Federal Government allocated N3.52 trillion to education in the 2025 proposed Budget, the third-highest allocation, underscoring the government’s commitment to revitalizing the sector. “This Budget of Restoration: Securing Peace, Rebuilding Prosperity” reflects our determination to stabilize the economy, improve lives, and position Nigeria for a brighter future.
“Key initiatives such as the Nigerian Education Loan Fund (NELFUND) have widened access to higher education, ensuring that financial constraints do not hinder our youth from achieving their dreams. Thousands of students have already benefited, and we remain committed to expanding this program to benefit thousands more.

“Furthermore, we have initiated reforms to address systemic challenges in tertiary education. From removing universities from the IPPIS to approving recruitment waivers, our actions demonstrate a commitment to enhancing the quality and stability of higher education,” he said.
On partnership between universities and the government, Tinubu said the Federal Government recognised that the nation’s universities are not just centres of learning but also engines of national innovation. “That is why we are fostering stronger partnerships between academia and industry, and why we are committed to resuscitating critical projects like the Rural Electrification initiative.
“The University of Lagos, among other institutions, will soon benefit from solar power installations, furthering our vision of a sustainable education ecosystem.”
Congratulating the graduating class, the President said as graduates of the prestigious university, they are uniquely positioned to contribute to this national transformation. “I urge you to embrace lifelong learning, adapt to change, and become job creators, not just job seekers. Together, we can elevate Nigeria’s role on the global stage.
“The University of Lagos has equipped you with the tools to succeed. Now, go forth and make history. Carry the spirit of excellence that defines this institution, and let your achievements illuminate the path for generations to come.
“As your President, I assure you of my administration’s unwavering commitment to creating an environment where your aspirations can flourish. We are building infrastructure that connects our cities and enhances security to protect all citizens. Our mission is clear: a united Nigeria where every citizen can dream, work, and thrive,” he added.
Also speaking at the ceremony, the Governor of Lagos State, Mr. Babajide Sanwoolu, represented by the Secretary to the State Government, Barr. Bimbola Salu-Hundeyin commended the university to have consistently demonstrated its commitment to raising individuals of character, integrity and purpose, adding that convocation reflects years of hard work, perseverance and focus and the beginning of a bright future for the graduating students.
She said: “As graduates in Lagos State, you are uniquely positioned to join the vast network of problem solvers and solution providers in the state. This administration has opened pathways for great opportunities for you. We in Lagos State, the government have established the Lateef Jakande leadership academy; a flagship programme designed to groom young leaders by providing them with hands-on training in public service, policy formulation and governance.
“This initiative reflects our commitment to equipping the next generation with the skills they need to lead effectively and ethically. In addition, through the Lateef Jakande academy, we have prioritized youth empowerment through various initiatives fostered by the Lagos State Employment Trust Fund, which has provided numerous grant and loans to entrepreneurs. We also have the ‘ready, set, work’ programmes which prepares final year students for the job market by equipping them with critical workplace cues.
“There is also the Lagos State Graduate Internship Programme and many more youth programmes that we can take advantage of.
“I urge you to key into this initiatives and carve a niche for yourself. Be part of it. Take advantage of it. Remember that great ideas will always attract money. I encourage you all to take advantage of this opportunities and actively participate in shaping the future of Lagos and Nigeria. Lagos State remains committed to supporting you on your journey and we look forward to witnessing the remarkable impact you will have in your respective fields,” she assured.
The Vice-Chancellor , Prof. Folasade Ogunsola, in her welcome address, said in line with university’s mandate of Teaching, Research and Service and as part of her vision and Future ready agenda, the university continued to focus on Financial engineering, Infrastructural development, Reputation building and Manpower development.
“We focused on building leaders for the future and building minds that are relevant both locally and globally. In doing this we forged new collaborations, exposed our students to international and national competitions, training and internships, developed more spaces working to improve the environment of learning.”
The VC said during these ceremonies, 16,590 students will be conferred with diplomas and degrees.
“Of these, in the last 2 days, 9,865 graduates were admitted to first degrees and diplomas from various faculties and the Distance learning Institute.
“Today, 6,725 will be awarded postgraduate degrees, 6,659 from the School of Postgraduate studies and 66 from the UNILAG Business School (ULBS),” she said.
A total of 513 Post Graduates Diplomas, 5,933 Masters, and 213 PhDs received certificates at the ceremony with the overall best Ph.D. Thesis award received by Adetoun Alaba Akitoye, who obtained her Ph.D. in Chemistry while Eniola Niniola Ladipo had the best Ph.D. thesis in the Humanities in Yoruba Language.
The overallbest graduating student in the University of Lagos Business School Obabiolorunkosi Aliyu GAFAR CGPA of 5.0, a feet achieved for the first time since the establishment of ULBS.
In her valedictory speech, the recipient of the overall best Ph.D. Thesis award Adetoun Alaba Akitoye attributed her success to hard work, resilience and divine intervention.
She thanked the university management for their support and provision of adequate amenities for students to strive.
Akitoye urged post graduates students to always delve in research outcomes that can help provide answers to challenges in the country, adding that government should on its part collaborate on researches that will boost the nation’s development.

Highlight of the event was the recognition of two distinguished professors who have retired but continue to contribute to scholarship and academia by awarding them as Professors emeriti of the University of Lagos. These are Professor Babajide Alo, of the Department of Chemistry a former DVC academics and research and Professor Olukayode Amund, Department of Microbiology a former Dean of students affairs.
Also, Professor Victor Ariole, Department of European Languages, University of Lagos, was awarded a Gold Medal for his ongoing contributions to the University and the nation.
Mr. Fola Adeola, a Co-Founder of Guaranty Trust Bank (GTBank Plc) is also the founder of FATE foundation and Engr. Kolawole Adesina, Group Managing Director (GMD) of Sahara Power Group were conferred with Honorary Degree of Doctor of Science (D. Sc) for their significant contribution to academic and societal development.
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