L AGOS State University, LASU, was conceived by the Governor Jakande government as a university which will not only provide university opportunities for Lagos State residents but for all Nigerians and which would quickly attain a national and global standard befitting Nigeria’s self-proclaimed Centre of Excellence. I recall reading our Daddy’s, late Chief Sanu Sobowale, 1931-1990, copy of the lengthy proposals concerning LASU, when he served as the Commissioner for Justice and Attorney General for Lagos State. Furthermore, the education was going to be made affordable to ensure that nobody, brilliant, is denied the benefit of university for lack of funds. Those were lofty goals and to me, as an economist, the objectives were daunting. Prof Obafunwa Funds, which even in the early 1980s were more readily available, compared with the demands now placed on public finance, would always be a challenge to governments and to the university authorities. There was no question abou...
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