The General Overseer of the Mountain of Fire and Miracles Ministries (MFM), Prof. Daniel Olukoya, has attributed the high fees charged by faith-based universities in Nigeria to the cost of energy required to run these institutions.
Olukoya, who at the weekend was conferred with an honorary doctoral degree in Management by the Federal University of Technology Akure (FUTA), stated that the high cost of energy is a major challenge faced by private universities in the country.
“It is not the fault of those proprietors. I am one of them. I am always supportive of the poor because I know how difficult it was for me to get to the university. My parents didn’t have the money,” Olukoya said.
He continued, “But the current situation is that if you cannot pay good money to lecturers or professors, you won’t get good teachers. And if you run a private university and are paying less than federal universities, you will not get good professors.”
Olukoya further explained that the cost of financing and paying salaries, especially the energy costs, contributes to high fees.
“Running a university on a generator is expensive. In our university, most of the money goes to buying diesel. It is only now that we are installing solar power,” he said.
On the issue of insecurity in Nigeria, Olukoya advocated for divine intervention through prayer.
“There is only one weapon that can kill any problem, and it is prayer. No matter how strong the problem is, prayer can dismantle it,” the cleric noted.
He emphasized that Nigeria needs divine intervention, stating, “What we need in Nigeria is divine intervention. Let God intervene in what we are doing. Divine intervention is greater than human intellect. From what is happening in the world, you can see that God is showing mankind that they are helpless.”
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