Government has met with the management and student leaders of the University of Ghana (UG) over the 'alleged privatisation' of some halls.
The alleged privatisation was met with a lot of displeasure by the student body.
The privatisation is to enable the University management offset a GHS43 million loan it acquired to build the halls which has shot up to GHS528 million because of interest and failure to repay at the stipulated time.
A statement from the Education Ministry read: “the Minister of State, In Charge of Tertiary Education, Prof. Kwesi Yankah met with the management of the University of Ghana and the leadership of the student body on the alleged privatisation of UGEL hostel.”
The statement said the government appreciates the debt burden on the university and will work with the banks to find an amicable solution to the matter.
Read the full statement below
On this day 17th of May 2019, the Ministry of Education led by the Minister of State, In Charge of Tertiary Education, Prof Kwesi Yankah met with the management of the University of Ghana and the leadership of the student body on the alleged privatisation of UGEL hostel.
The Minister of State, has come to appreciate the implications of the situation of the debt burden on the University of Ghana, Legon and has indicated his readiness and that of the Ministry to meet with the leadership of the consortium of banks and the management of the University to find an amicable solution before the negotiated deadline of 31st of May 2019.
However, the Minister of state explained that this matter is strictly the responsibility of the University of Ghana Council but government has expressed interest in the matter because of public interest and its implications for academic stability on university campuses.
The Ministry has appealed to the leadership of the student body to exercise restraint as steps are being taken to resolve the impasse.
The Minister also drew the attention of stakeholders at the meeting to the expected influx of students in the universities in the 2020 academic year due to Free SHS policy and expressed the hope that an amicable outcome could be reached soon.
It also urged the students “to exercise restraint as steps are being taken to resolve the impasse.”
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