In a statement issued by the institution, Wigwe university
noted that it respects the concerns raised by some members of the public, and
was obliged to clear the air on the matter.
“The decision to list our fees in USD is a strategic one,
aligning with our vision to attract a diverse and international student body.
By utilising USD, a universally accepted currency, we aim to provide clarity
and transparency for our prospective students from around the world. We want to
assure our home students that they will pay their tuition fees in Naira.
“As a hub for intellectual growth, we are not just building
individuals, but contributing significantly to the economic development and
growth of Nigeria and Africa at large. The presence of international students
at Wigwe University has a positive ripple effect on the local economy.
“The exposure to the rich cultural and entrepreneurial
landscape of Nigeria creates a potential avenue for future investments and
business collaborations. Furthermore, the influx of international students will
boost our local economy by bringing in USD, this positive impact will gradually
reduce capital flight from our economy,” the school explained.
Wigwe University said it was dedicated to fostering a global
learning environment with a focus on excellence, innovation, and inclusivity.
It stated that the institution’s commitment to providing a
world-class education is reflected in its distinguished faculty, with over 35
per cent hailing from prestigious international institutions.
In addition, Wigwe University said its state-of-the-art
infrastructure rivals the best institutions globally, with its campus equipped
with modern facilities, smart classrooms, cutting-edge laboratories and
comprehensive research centres.
It stressed that it has spared no expense in creating an
environment that nurtures creativity, collaboration, and critical thinking
among its students, pointing out that the entire design of the institution is
intentional, to nurture fearless leaders that will one day transform Africa.
“We respect the concerns raised by some members of the
public, and we are obliged to clarify this subject. Wigwe University operates
with the utmost respect for national regulations and guidelines.
“Wigwe University views education as a powerful tool for
societal transformation. In seeking the best international faculty, we must
also prioritise our Nigerian faculty ensuring appropriate and competitive
remuneration packages.
“We are not only enriching academic experience within our
institution but also contributing to the larger narrative of nation-building,”
it added.