The Minister of Education and Sports, Mrs. Janet Kataaha Museveni has assured Ndejje University of long term loan government guarantee in its bid to secure low cost financing from international banks.
Mrs. Museveni who is also the First Lady, donated 40m/- cash towards preparation of the 19th AUUS Inter University Games which Ndejje University is due to host on December 16 – 21, 2017
The minister pledged to support the University’s initiative to secure low cost loans especially towards starting the Health Science Faculty during her visitation of the university’s Luwero Main Campus yesterday.
She later unveiled the medical school architectural faculty plan.
“ I welcome the initiative to establish the medical school that will go a long way in providing health services to the community and the country. I am also impressed with the current structural development taking place in the university.
“The university has proved faithful. I will definitely support the loan initiative on account of the university’s past good record of repayment. I believe you will service the loan. I however emphasise accountability, discipline and hard work,” the minister said.
Mrs. Museveni also promised to follow up the full payment of 1b/- annual government grant offered to the university to sustain quality and relevance of science and engineering programmes. The university has so far received 300m/-of the grant.
The minister’s remarks were in response to Vice Chancellor Prof. Eriabu Lugujjo’s brief presentation of the past, present, future prospects and the challenges the university was facing.
He informed the Education and Sports minister about the challenges of a non-profit institution with no share capital with almost its income derived from the low tuition extremely compared to the unit cost.
“Financing expansion and servicing essential amenities is being done by borrowing from commercial banks at high interest rates. The university continues to service the long term loans that pose a risk especially in times of economic downturn,” said Prof Lugujjo.
The university student population has grown steadily from 3000 in 2009 to the current 8000 students.
He also requested the ministry of education to assist financing the preparation of the 19th AUUS Games in December 2017 expected to attract over 30 universities.
“The university has already invested over 1b/- to refurbish the games facilities but still more funds are required to create the necessary ambiance for these games to take place,” the Vice Chancellor explained.
Prof Lugujjo however reported the university having embraced the scientific and technological aspirations of government policies of Vision 2040 and BTVET Strategic Plan of skilling Uganda.
“At Ndejje University we have embraced those policies by establishing Extra – Mural Studies and vocationalising most of the programmes”, he said.
The Minister of Education and Sports concluded her tour by laying a foundation stone on the new state of the art swimming pool, touring the sports facilities, new women Victoria Mwaka Hall and Science and Technology laboratory in Bishop Senyimba Building.
The function was attended by the Consortium members, University Council, government dignitaries, university staff and the student community.