Gov. Jones Gives L$6M for ULSU Scholarship Drive

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The Executive Governor of the Central Bank of Liberia (CBL), Dr. J. Mills Jones, has contributed L$6 million to the University of Liberia Students Union (ULSU) scholarship fund drive.
Governor Jones made the intervention when the student leadership protested against the UL Administration’s increment of fees per credit hour from L$175 to US$5 for the 2015-2016 academic year.
CBL’s Director for Administration Sheba Brown, who spoke on behalf of Governor Jones, said that the bank has a financial inclusion policy to assist in building human resource capacities of students at higher institutions of learning across the country.
Dr. Jones, who is known as “Poverty Doctor” to business women in the country, observed that investing in the education of students at university level is critical for the socio-economic development of Liberia because higher education transforms the living conditions of people in the society.
The CBL boss said students should strive for excellence in their various academic disciplines in order to compete with other universities in the sub-region and other parts of the world.
He further disclosed that the CBL is committed to the mandate of President Ellen Johnson Sirleaf to lift Liberia and Liberians financially in every social and economic area of the country.
Serving as the keynote speaker, Margibi County Senator Oscar A. Cooper challenged the leadership of ULSU to initiate voluntary teaching, sanitation and hygiene programs to enlighten Liberians in villages and towns in the leeward counties.
Senator Cooper said that it is unfortunate for university students to sit idly while Peace Corp Volunteers come from the United States to teach Liberians in remote villages and towns how to read and write.
If Liberia is to be developed, then Liberians should take initiatives like helping the less fortunate in society to transform the living conditions of the people, said Senator Cooper, emphasizing that Liberians should learn to do things for themselves.
Investing in young people’s education will go a long way to enhancing the socio-economic development of the country, he stressed.
Liberia cannot continue to look up to foreign partners for everything to develop its citizens. Instead, university students should begin to engage in volunteer work to help educate and transform the lives of less fortunate Liberians, said the Senator.
Meanwhile, Daniel Woart, president of ULSU called on the government to invest in the university to build the human resource capacity of the nation.
Mr. Woart stated that substantial investment in the state-run higher institution of learning will enhance the country’s manpower development and minimize the importation of experts.
He said it was unfortunate that government’s allotment to the state-run university is insufficient for the university administration to run the school, noting that this is responsible for the decision to increase the fee per credit hour.
Woart emphasized that the government should do everything possible to increase the budget allotted to the university, noting that this was critical to develop the educated population to ensure the growth and development of the country.


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