By our reporter
The Vice-Chancellor of Elizade University, Ilara-Mokin, Ondo State, Prof. Kayode Ijadunola, has expressed grave concerns about the sustainability of higher education institutions in Nigeria amidst escalating energy costs.

Speaking during a press conference to announce the institution’s 8th and 9th convocation ceremonies scheduled for November 6, Prof. Ijadunola warned that the rising cost of electricity could lead to the collapse of many universities if left unaddressed by the government.
“The greatest challenge facing most institutions of higher learning in Nigeria today is the cost of energy, which has at least tripled in recent months, particularly with the introduction of the Band A electricity billing system by DISCOs,” he stated.
He highlighted that despite the prohibitive monthly electricity bills, power supplies remain unreliable, forcing universities to rely heavily on diesel-powered generators for backup power at exorbitant costs.
“The cost of power, in fact, threatens the survival of the university system in 2025 if the current challenge remains unaddressed by the relevant government authorities,” he emphasized.
Prof. Ijadunola also shared that Elizade University would graduate 484 students from its 2022/2023 and 2023/2024 academic sessions, with 228 and 256 students completing their undergraduate programs, respectively.
The Vice-Chancellor’s remarks underscore the urgent need for intervention to mitigate the impact of rising energy costs on the nation’s education sector.