Topgainer:

Yea, good stuff more Univerties from the stables of Living faith inc. on the pipeline. A good investment I must say.
Please what do you mean by the Church?
What do you mean by We ? Please, educate me on this because I believe most Pentecostal establishments belong to the Bishops and their immediate families. Using the name the Church and We is to make it look like it belongs to everybody for the purpose of the donations.
You acknowledged that CU is being built from a pool of donations (tithes, seeds and offerings) to the living Faith inc. when the widows complain about the sharing formula of pooled resources some of you will say none of their 10 kobo is there. Some will disdainly ask them how significant is the 10 naira offerings they give, like the fabulous wealth of the Bishop fell from the sky.

OK legally CU is owned by the Living Faith Church. As it is right now I only know of one building in CU that was built by Oyedepo therefore the remaining infrastructure is from the Church. I wrote an Article a while ago on why church universities are expensive here on Nairaland and I would implore you to read it. Also, almost all universities(Christian) I know are owned by the Church and not the Bishops.
As regards tuition the only problem would be if the Church were to profiteer from tuition fees-i hope u know CU is officially tagged non profit. The University hopes to profiteer inventually, but from commercialisation of its products and inventions or innovations.The university is also looking for ways to amplify IGR and cut down on Tuition but it isn't easy as the government doesn't offer any financial assistance to private universities. With the exception of a few most private universities are struggling with financing. In other climes private universities are financed by govt despite their huge endowment fund e.g Caltech gets about 300 million USD from the govt and also gets a huge chunck from industry partnership. Nevertheless, living faith could run free education but it would be substandard infact If you were to sell off the entire private jet fleet of LFC it wouldn't fund free education in CU for more than four or five years. I believe CU would eventually run scholarships but that would be from the Alumni body but we also need the university to be successful enough to inspire we the Alumni to fund it. No one would help u fund a substandard uni, not Alumni, not Industry. I think its really unfortunate that poor members can't afford some of these Church universities, in the case of CU I would advise them to sign up for DOF scholarship or apply for part time which is about 300k

Vision10:2022 gradually coming through. Skeptics should just watch and see.

Statsocial:
Good stuff from CU. I know the university also set aside another $10 million dollars to recruit international staff. I hope people understand that this cash is coming from the living faith church and not covenant university. The living faith church is really spending a lot of cash on CU this year.
The church has also budgeted another 1.6 billion for CU this year alone and that is why I laugh when someone says the church is making profit from CU.

In 2013 the church built a senate building worth 353 million naira and then 2016 the research center should be around 600 million naira but the most important thing is what they are doing now-funding research to top notch and recruiting best staff. Hopefully we would rank top five in Africa(times) by the end of this year. Thank u TheVictorious for tagging me.

By the way globalisation means solving a local problem with a global resonance.

NaLaugh:


Well put.

However, funding isn't everything. Priorities are.
For instance, if with additional funding, they choose to buy a faculty professor a 2017 official SUV to replace a 2014 - BEFORE approving his research grant. Then priorities are messed up, and mediocrity thrives.

Or lavishing funds on a palatial University Senate building, while laboratories, research centers, libraries etc are of peasant standards.
Unfortunately, the Nigeria I remember seems to operate that way.

While, it's sometimes beneficial to aim high and fail gracefully, this only works when a certain culture already exists.
In the line of progress, pacing one's self more often leads to real measurable progress.
As opposed to lofty goals announced for the sake of verbal grandstanding.

Nice write up
For some years now CU has been studying world class universities and what it takes to be world class and the university is trying to adapt and evolve into best practices. While there is still a large room for improvement CU has made some major improvements. I implore you to take a tour of the University website and see the premium placed on research. Nevertheless there is still a lot to do. As regard the one of ten vision i'm happy to see them try. The set date for that vision is 2022 and we shall all see how far they went but I tell you that the Church has the financial strength to attempt such........

Statsocial:

OK legally CU is owned by the Living Faith Church. As it is right now I only know of one building in CU that was built by Oyedepo therefore the remaining infrastructure is from the Church. I wrote an Article a while ago on why church universities are expensive here on Nairaland and I would implore you to read it. Also, almost all universities(Christian) I know are owned by the Church and not the Bishops.
As regards tuition the only problem would be if the Church were to profiteer from tuition fees-i hope u know CU is officially tagged non profit. The University hopes to profiteer inventually, but from commercialisation of its products and inventions or innovations.The university is also looking for ways to amplify IGR and cut down on Tuition but it isn't easy as the government doesn't offer any financial assistance to private universities.

Thanks.
Although, you've made efforts to make make the Church( Pentecostals) and the Bishop (owners) look different. But I can give 5 solid reasons, verifiable, that they are the same person. That concept of it belongs to all ( like in the 'Acts of the Apostles' days) can only be found in Roman Catholics and Most Orthodox Churches although not entirely true.
My bias towards the utterances and seemingly slave master model of the Proprietor of CU notwithstanding I look forward to CU becoming a true world class University and also affordable to majority of the Church members if it is true the Church built it. A good number of us trained in State/Federal schools see Private universities as easy way with the number of 1st class grads each year, the low admission requirements and the pamperings. It sure looks like if you can pay for tuition you can graduate with good grades.
But it seems Bishop Oyedepo in his wisdom is leading the change with his group of Universities. I will be glad to see that notion changed so I may also consider sending my children to Private Unis in future.

Covenant university will always blaze the trail. Only faith can push to the point they have reached IN NIGERIA without giving up.

One of 10 in 10!! Vision 2022!

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Fabulocity:
Vision10:2022 gradually coming through. Skeptics should just watch and see.

TRUE. 1 of 10 in 10. Let the drive continue. Results silences insults!

Topgainer:

Thanks.
Although, you've made efforts to make make the Church( Pentecostals) and the Bishop (owners) look different. But I can give 5 solid reasons, verifiable, that they are the same person. That concept of it belongs to all ( like in the 'Acts of the Apostles' days) can only be found in Roman Catholics and Most Orthodox Churches although not entirely true.
My bias towards the utterances and seemingly slave master model of the Proprietor of CU notwithstanding I look forward to CU becoming a true world class University and also affordable to majority of the Church members if it is true the Church built it. A good number of us trained in State/Federal schools see Private universities as easy way with the number of 1st class grads each year, the low admission requirements and the pamperings. It sure looks like if you can pay for tuition you can graduate with good grades.
But it seems Bishop Oyedepo in his wisdom is leading the change with his group of Universities. I will be glad to see that notion changed so I may also consider sending my children to Private Unis in future.

I think the reason why the tuition spotlight is on CU is because it's the best private uni. Thera are about four catholic unis in Nigeria Augustine uni,Lagos Veritas uni,abj Caritas and Godfrey okoye unis-try checking their tuition and you would see that 'high' tuition isn't unique to the Pentecostals.
As regards First Class grades, I got admitted into CU alongside 10 boys and only graduated with 3 that shows you how tough the system could be. I believe in Normal circumstances the Public unis are supposed to Churn out as much First class grads as private unis if conditions were favourable. So I agree that some 2.1 grad in public settings might actually do better in CU. As it is right now CU's first-class grad are about 10% of d graduating class which is lower than the 21% that graduate with First class in UK schools. While I agree that a close attention should be centered on the credibility of Degrees awarded in most private unis. However we as a country should actually probe why our universities are having a lower excellence rate compared to developed countries around the world. It's not a good thing for a department to produce just one first class-Its in fact an indictment rather than something to celebrate.
Also there is also an argument that the skewed social environment in church universities which prohibits clubbing and restricts social outings and all actually makes students more receptive to the academia.
CU right now as an admittance rate of about 50% for undergrad studies so its not a dumping ground for rich unintelligent folks

Statsocial:

Its all about funding. The University of Luxembourg is one year younger than CU(2003) and today is 174th best uni in the world. So I believe a Church capable of building a City should be able to fund its uni to top 100 at least. Secondly most Nigerian Universities coming from 5000 in 2011/2012 were aiming for top 1000 and today only UI managed to scale into 800+. Hence it's better CU aims for top 10 and fall to top 100 rather than aim for 1000. Finally the top 1000 goal was created for public universities in realization of limited funding. CU on the other hand is funded in a tripartite way, Tuition, Church and IGR(or Business) hence should live up to expectation.

TRUE Bro!

NaLaugh:


Well put.

However, funding isn't everything. Priorities are.
For instance, if with additional funding, they choose to buy a faculty professor a 2017 official SUV to replace a 2014 - BEFORE approving his research grant. Then priorities are messed up, and mediocrity thrives.

Or lavishing funds on a palatial University Senate building, while laboratories, research centers, libraries etc are of peasant standards.
Unfortunately, the Nigeria I remember seems to operate that way.

While, it's sometimes beneficial to aim high and fail gracefully, this only works when a certain culture already exists.
In the line of progress, pacing one's self more often leads to real measurable progress.
As opposed to lofty goals announced for the sake of verbal grandstanding.

You do make a decent point but what is the worth priority itself without funding. All you're simply saying is that the priorities should be gotten right before the funding, but in this case I think you're trying to insinuate that CU might not be getting priorities right by probably being more concerned with the aesthetics as against the standard.

Remember, the thread has to do with huge investment on local product development, developing the innovative products of the numerous research engagements into useful consumer products. What else can reveal the underlying investment in research facilities, laboratory equipment, educational materials and man-power if not this?

At the bolded, to start with, CU don't intend to just aim high and fail gracefully, they mean business. This is evident in the "excellent culture that lucidly exists", working system, academic standard and weighty financial investment investment in driving the vision of the institution as this depicts!

Topgainer:

Yea, good stuff more Univerties from the stables of Living faith inc. on the pipeline. A good investment I must say.
Please what do you mean by the Church?
What do you mean by We ? Please, educate me on this because I believe most Pentecostal establishments belong to the Bishops and their immediate families. Using the name the Church and We is to make it look like it belongs to everybody for the purpose of the donations.
You acknowledged that CU is being built from a pool of donations (tithes, seeds and offerings) to the living Faith inc. when the widows complain about the sharing formula of pooled resources some of you will say none of their 10 kobo is there. Some will disdainly ask them how significant is the 10 naira offerings they give, like the fabulous wealth of the Bishop fell from the sky.

I believe you are a christian, what do you mean by sharing formula for tithes and offerings??

Also, it is regrettable that you don't think that a quality investment in education is an investment on society and a drive to improve the standard of a nation.

Now don't come ask me of how many poor members' children are admitted there because you know that the admission policy is open to all, and there are panoply of scholarships one can apply for if he deems it sacrosanct.

That said, what have the government of your country done to fund education, I'm sure what you understand by helping the poor and returning back to society is sharing tomatoes, pepper, bags of rice and gallons of groundnut oil. That's why Nigeria is in this state!

Topgainer:

Thanks.
Although, you've made efforts to make make the Church( Pentecostals) and the Bishop (owners) look different. But I can give 5 solid reasons, verifiable, that they are the same person. That concept of it belongs to all ( like in the 'Acts of the Apostles' days) can only be found in Roman Catholics and Most Orthodox Churches although not entirely true.
My bias towards the utterances and seemingly slave master model of the Proprietor of CU notwithstanding I look forward to CU becoming a true world class University and also affordable to majority of the Church members if it is true the Church built it.

A good number of us trained in State/Federal schools see Private universities as easy way with the number of 1st class grads each year, the low admission requirements and the pamperings. It sure looks like if you can pay for tuition you can graduate with good grades.

But it seems Bishop Oyedepo in his wisdom is leading the change with his group of Universities. I will be glad to see that notion changed so I may also consider sending my children to Private Unis in future.

There you go again with false, unverifiable generalizations.

As for what you said about church leadership and university establishment and management, I wouldn't say much. If you're actually commenting on a need to know basis, read statsocial's article: https://www.nairaland.com/3623074/why-church-universities-expensive

At the bolded, that it is your esteemed opinion doesn't make it true. When you bring in the term "private universities" into a discussion like this, you are simply generalizing to underscore your sentiment. Have you ever seen Jamb statistics for admitted students in CU, have you studied the grading style to compare with your federal varsities to see which is tougher, have you checked academic standards to see the percentage of academic related dismissal as compared to your government school where a big number of people graduate anyway with pass, have you checked the acceptance rate in reputable institutions, , have you checked the academic history of CU first class graduates from highschool to compare, did you check which university dominated all editions of the presidential special scholarship scheme (PRESSID) by merit?? The truth doesn't really have to be your opinion to hold true anyway but I don't think it's wise to make bogus assertions of what you don't know as such with impunity, simply because this is a faceless forum.

TheVictorious:


I believe you are a christian, what do you mean by sharing formula for tithes and offerings??

Also, it is regrettable that you don't think that a quality investment in education is an investment on society and a drive to improve the standard of a nation.

Now don't come ask me of how many poor members' children are admitted there because you know that the admission policy is open to all, and there are panoply of scholarships one can apply for if he deems it sacrosanct.

That said, what have the government of your country done to fund education, I'm sure what you understand by helping the poor and returning back to society is sharing tomatoes, pepper, bags of rice and gallons of groundnut oil. That's why Nigeria is in this state!

Your imaginations of my thought process is beyond you. Your guess of what I think or what I don't think is erroneous.
I can't be wrong that the language of asking Widows how significant is the 10 kobo and mites they bring as offerings to the Empires built and so much harvest of cash in banks has an origin. But its origin is not in the acts of the Apostles.
The utterances of some Pentecostal Bishops and the followers is quite appalling. It is unfortunate when such utterances/conducts are misconstrued as faith, order and arrogant demeanor of Kings/Authorities. Don't get those habits the course of it is often difficult to reverse.

Topgainer:

Your imaginations of my thought process is beyond you. Your guess of what I think or what I don't think is erroneous.
I can't be wrong that the language of asking Widows how significant is the 10 kobo and mites they bring as offerings to the Empires built and so much harvest of cash in banks has an origin. But its origin is not in the acts of the Apostles.
The utterances of some Pentecostal Bishops and the followers is quite appalling. It is unfortunate when such utterances/conducts are misconstrued as faith, order and arrogant demeanor of Kings/Authorities. Don't get those habits the course of it is often difficult to reverse.

Point driven home but check well, I know what you are talking about and I'm not about to get such habit. Check well this is not the crux of my reply. Your generalization and your bold assertion that the church assets belong to an individual in this case (the Living Faith Church) is. Which is what have affected your objective judgement in this case. Once again, I implore you to read statsocial's article.

Aphrodevii:

Thank you for posting this! i love nigerian culture an ways of life iam american hopefully i can learn how to prepare a few dishes

Come let me teach you.

Funjosh:





Come let me teach you.

Thank you ! for offer i may take you up on it
I plan on visiting in september

TheVictorious:


I believe you are a christian, what do you mean by sharing formula for tithes and offerings??

Also, it is regrettable that you don't think that a quality investment in education is an investment on society and a drive to improve the standard of a nation.

Now don't come ask me of how many poor members' children are admitted there because you know that the admission policy is open to all, and there are panoply of scholarships one can apply for if he deems it sacrosanct.

That said, what have the government of your country done to fund education, I'm sure what you understand by helping the poor and returning back to society is sharing tomatoes, pepper, bags of rice and gallons of groundnut oil. That's why Nigeria is in this state!

And by the way I just checked the part time program and the tuition is 150k flat for all courses so indigent individuals could always apply for that too.

Statsocial:

And by the way I just checked the part time program and the tuition is 150k flat for all courses so indigent individuals could always apply for that too.

Can you imagine, yet people come here to spew trash. They don't understand nature of the residential and academic environment.

Aphrodevii:


Thank you ! for offer i may take you up on it
I plan on visiting in september

You are always welcome.