UL Seeks Budgetary Support for Strategic Investments

UL Seeks Budgetary Support for Strategic Investments

Rev. Dr. Julius S. Nelson, Jr. with his Vice Presidents at the budget hearing.
Rev. Dr. Julius S. Nelson, Jr. with his Vice Presidents at the budget hearing.

In an effort to invest in business activities and help reduce its dependence on government, the University of Liberia (UL) is craving the support of the Legislature for the approval of  its requested budgetary allotment amounting to US$23.6m for fiscal year 2020-2021. 

Three of those projects that the university is targeting to help it generate additional revenue outside of government subsidy are the Lux Insurance Company, the Lux Printing Press and Lux Fountain and Water Bottling Company.

In defending its budget, the President of the University of Liberia Rev. Dr. Julius Sarwolo Nelson and the UL Vice President for Finance and Fiscal Affairs Mr. Garswa P. Jackson explained the significance of the Legislature supporting these investment ventures.

According to Dr. Nelson, feasibility study and business plan for each of these projects – Lux Insurance Company, Lux Printing Press and Lux Fountain and Water Bottling Company, are nearing completion.

These business ventures are crucial in helping to augment the university’s financial resource base especially at a time the companies including FireStone Liberia and ArcelorMittal have stopped remitting money to the state – owned university which is already executing a government policy of offering tuition free education at the undergraduate level.

Dr. Nelson said these investment undertakings can only be actualized if the requisite resources — particularly the initial capital — are provided by the State. 

“It is in this regard we crave the support of this honorable body to aid us through the approval of our requested budgetary allotment amounting to $23,605,625.00,” he said.

Dr. Nelson explained that the contemporary model of financing tertiary education globally calls for the university to adequately pursue profitable ventures with the aim of supplementing government subsidy.

Under the period in review, the university operated a deficit budget with total expenditure amounting to US$18,850,198 while its total revenue was 18,775,993, resulting in the deficit of US$74,405.31.

“For this purpose, the university has identified various projects that have the potential of generating revenue to augment government subsidy under what we call the Lux Investment Corporation,” he said.

On issues concerning the university’s academic programs, Dr. Nelson informed the Legislature that for the fiscal year 2020 – 2021, UL intends to expand its offering of academic programs for the sole purpose of meeting national demands. 

He detailed to the Legislature that three new undergraduate programs have been identified with feasibility review being finalized for the establishment of these programs which include Architecture, Statistics and Information Communication Technology. 

For the graduate programs, he said the university plans to establish the UL First Executive MBA Program for highly experienced professionals who have served in middle or senior management positions. 

Dr. Nelson further explained that the University of Liberia also intends to jumpstart research activities to enhance the promotion of academic excellence, generate funds and serve as a national platform for facilitating research activities and solving problems at the university and also in the country. 

He reported to the lawmakers that during the 2019 – 2020 fiscal year, the university recorded a number of notable achievements among which include one faculty returning from studies with PhD and five other faculties returning with Masters Degrees in multiple disciplines. 

He also reported that 16 faculties, seven of whom are PhD students, have also departed for studies during the period under review.

Additionally, Dr. Nelson said currently the university is fully or partially sponsoring 37 faculties studying abroad, noting that this is an evidence of his administration’s uncompromising commitment to improve the quality of services to students and the country at large in a strive for excellence in partnership with RUFORUM and other partner institutions of higher learning.

In the continuous strive of the university to meet national demand, Dr. Nelson disclosed that four new programs have been created which include Master of Public Health Program; Master of Environmental Science and Environmental Management; Biodiversity and Climate Change.

Dr. Nelson recalled that 3,672 students in various disciplines graduated at the landmark centennial convocation of the university in December 2019.

With the presence of Covid – 19 in Liberia preventing the university’s traditional in – person classroom method of teaching, he said the university took a decision to join the model adopted globally and launched the e-Learning Semester to complete the second semester of Academic Year 2019-2020.

At the commencement of the subsequent semester, he said the university will conduct an assessment on the way forward, and he is confident that by then it will be in a better position to return to the traditional face-to-face learning method, blended with e-Learning beginning January 2021.

“What we are planning now in the new school year, that will be a blended semester with both the face – to – face and the distance learning. We also have to meet the protocol, we have to invite the Ministry of Health team to inspect our facilities, make sure all of that is in place before we can go back to that exercise,” he said.

Meanwhile, Dr. Nelson informed the lawmakers that the university has completed the renovation of Lux Radio and it’s in the process of reobtaining its operating license from the Liberia Telecommunications Authority (LTA) which will aid the university’s public relations and learning activities at the Department of Mass Communication. 

In spite of the achievements outlined by Dr. Nelson, he said the university has faced a number of challenges, with a significant rise in non – payment of tuition and fees from graduates and professional school students which contributed to the deficit in the institution’s budget.

According to him, about 35 percent of the tuition and fees collected represented arrears collected from the previous semester.

In spite of the challenges, he expressed gratitude that the Government of Liberia fully disbursed salaries to full – time and part – time instructors for the fiscal year 2019- 2020.

He praised the government for providing the full tuition subsidy for the first semester of academic 2019 – 2020, but added that the university has not received up to one million of its budgeted expenditure, resulting to three months unpaid stipends to its medical and pharmacy students, a deficit amounting to over US$74,000.

Mr. Garswa P. Jackson, Vice President for Finance and Fiscal Affairs, University of Liberia

In his presentation, UL Vice President for Finance and Fiscal Affairs Mr. Garswa P. Jackson explained that the university’s dependence on government will be reduced in the future when the government makes initial investment toward the institution’s investment plans, pleading with the Legislature to aid the university in that direction.

“Because what that will do is that once the university starts to invest and earn more money, it reduces our dependence on government,” he said.

Mr. Jackson indicated that the university operated a deficit budget, adding that its total expenditure amounted to US$18,850,198 while its total revenue was $18,775,993, resulting in the deficit of US$74,405.31.

Mr. Jackson informed the Legislature that FireStone and ArcelorMittal have stopped remitting money to the university.

Following the presentation by the university, Grand Kru County Senator Dr. Peter Coleman praised the University of Liberia for having done a very great job under difficult and challenging circumstances, and pledged to lobby very seriously with his colleagues in the committee room for the university. 

While stressing the importance of education and the immense contribution the University of Liberia is making in building human capital, Dr. Coleman urged the need to find resources and give them to the university to help make its work more effective.

The Chair of the joint committee Rep. Edward Karfiah thanked the university family, assuring them that the Legislature wants the university to succeed and it will therefore do everything possible in support of the institution.

Rep. Karfiah noted that having listened to the presentation, inquiries and clarifications during the hearing, the rest will be left to be decided in committee room and the Legislature will get back to the university administration.


  1. The Ceiva body uses an embedded operating system called PSOS.
    Afterward, it is best to notice fewer system sluggish-downs, and really feel a little less like a hardware novice.
    The system might allocate a complete processor just to rendering hi-def graphics.
    This could also be the way forward for television. Still, having a 3-D Tv means
    you may be prepared for the exciting new options that
    could be out there in the close to future. There are so many
    nice streaming shows on websites like Hulu and Netflix that not having
    cable is not an enormous deal anymore so long as you have a strong
    Internet connection. Next up, we’ll take a look at an amazing gadget for
    the beer lover. Here’s a terrific gadget gift concept
    for the man who actually, actually loves beer.
    If you’re in search of much more details about nice gadget gifts for males and other
    similar matters, just observe the hyperlinks on the following web page.
    In the event you choose to read on, the flavor of
    anticipation might abruptly go stale, the web page would possibly
    darken earlier than your eyes and you will probably find your attention wandering to other HowStuffWorks subjects.

  2. The Fitbit merges present products into a brand new suite of instruments that may enable you get into better bodily form.
    If you may fit it into your routine, Fitbit will take
    the guesswork out of monitoring your exercise and consuming behaviors.
    It does not take an excessive amount of technical data, and when you’re completed, you will have a flexible, expandable DVR that won’t
    add to your monthly cable invoice. They do not are inclined to have as much storage
    house as hard drives, and they are costlier, but they allow for much quicker
    information retrieval, resulting in better utility performance.

    In that spirit, if you’ve got simply crawled out
    from beneath the proverbial rock and are wondering whether or not Frodo ever does get that ring into Mount Doom, the reply is (spoiler):
    Form of. Users can create any sort of buying listing
    they’d like — footwear, gifts, handbags, toys. The
    wiki comprises pages on topics like unbiased movie, comedian e book-based movies and blockbusters.
    A single all-in-one sheet accommodates sufficient detergent, softener and anti-static chemicals for one load of laundry.
    Once you drop the sheet into your washer, it releases detergent designed to help clear your clothes,
    whereas another ingredient softens materials.

  3. The district, which takes in a closely Black stretch
    of North Carolina’s rural north in addition to some Raleigh exurbs, would
    have voted 51-forty eight for Joe Biden, compared to Biden’s 54-forty
    five margin in Butterfield’s present district, the first. But the trendlines
    here have been very unfavorable for Democrats, and Butterfield may very nicely lose in a tricky midterm atmosphere.

    Note that the map has been fully renumbered, so we’ve put collectively our greatest assessment of
    the place each current incumbent might search re-election at this hyperlink,
    whereas statistics for past elections might be found on Dave’s Redistricting App.
    So, if you are a homeowner, you may rent out a single room
    or two to strangers, even whereas the home continues to be occupied.
    ● Former Gov. Ruth Ann Minner, who in 2000 turned the primary girl elected to serve as governor of Delaware, has died at the age of 86.

    Minner was a legislative staffer when she first received a seat within the state House in 1974 as a local version of that
    12 months’s “Watergate infants”-reform-minded Democrats elected
    in the wake of Richard Nixon’s resignation. GOP lawmakers sought to pack
    as many Democrats as potential into simply three extremely-Democratic
    districts based in Charlotte (the ninth) and the area known because the Research
    Triangle (the fifth in Raleigh and the sixth in Durham/Chapel Hill).

  4. Listening to a portable CD player in your automotive looks as
    if an excellent choice, proper? With this template, you
    possibly can sell anything from membership T-shirts to automobile parts.

    And with this template, you can be one step ahead of your
    opponents! In at this time’s world, it is important to be one step ahead.
    If you’re involved about the difficulty of procrastination on the planet, and you
    need to create your individual convenient application for monitoring duties,
    then this is your choice! Useful studying (reading good books) expands a
    person’s horizons, enriches his inside world, makes him smarter and has a optimistic impact
    on memory. So, that’s why, purposes for studying books are
    most relevant in today’s studying society. Reading books will increase a person’s vocabulary,
    contributes to the development of clearer thinking, which allows you
    to formulate and express thoughts extra lucidly. It’s the type of consolation that allows you to only zone out
    and play with out worrying about niggling key issues.

  5. Fast-forward to July 2010 when Tv critic Alessandra Stanley published a now-infamous article about “Mad Men” during which she mentioned key plot
    points of the present’s fourth season And not using a spoiler alert warning.
    In 2011 CBS sued a man named Jim Early for posting spoilers
    about the truth present “Survivor” on a website known as “Survivor Sucks.” The spoilers
    precisely gave away key details about two seasons of
    the show. However (SPOILER ALERT), though the Thebans won the battle, they ultimately sued for peace because their leaders died.
    In that spirit, if you have just crawled out from underneath the proverbial
    rock and are wondering whether or not Frodo ever does get that ring into Mount Doom, the reply is (spoiler): Kind of.
    Plays get a month, books three months and operas a century.

    Barnes & Noble gives more than twice as many digital books as Amazon. That permits you to
    spice up the storage capability of the gadget to 36 megabytes, more than twice that
    of the basic iPad.

  6. There’s a micro USB connector on the proper side,
    and an SD card slot on the left protected when not in use by
    a rubber plug. Just like Tesco, the primary available delivery slot for ASDA is on the
    14th of April, although, the supermarket presently seems to be having hassle with their web site as the grocery
    part is currently down. It appears like you will be
    waiting till across the center/finish of April for a supply
    slot. If you don’t like the slot machine approach, you can browse restaurants by varied classifications or view a listing of Urbanspoon listings near your current location. Once on the web
    page, kind “Cherry Master slot machine” into the
    search subject at the highest of the page and press enter to carry
    up the listings. The RTP fee reaches 95.53%.

    Gamblers are recommended to try to apply the Flaming Hot slot demo
    to develop their very own methods for the game. In this paper we
    only outline a slot filling downside in Dress class area for simplification. That is making it laborious to get a delivery slot,
    with wait occasions now measured in weeks rather than days.

  7. Online games, a extra sturdy obtain store, social networking,
    and media heart functionality are all huge features for the Wii U.
    Greater than ever earlier than, Nintendo hopes to capture two different audiences: the gamers who love massive-price range franchises like
    Zelda and Call of Duty, and the Wii fans who had been launched
    to gaming by means of Wii Sports and Wii Fit.
    Iceland is a good possibility if you’re a part
    of a susceptible group, as it is at present prioritising deliver to those that most need it.
    My So-Called Life’ was an amazing present with an incredible ensemble solid, but when lead actress Claire Danes left the present
    just could not go on with out her. Occasionally, an irreplaceable lead actor will want to
    depart – like Claire Danes from “My So-Called Life” – and
    there isn’t any option to proceed. Many companies
    want to place commercials the place adults with expendable revenue will see them.
    Don’t be concerned. Whether you’re a serious foodie looking
    for a brand new dining expertise or just want to eat out without the guesswork, there’s an app for that.

    The truth is, many people begin off promoting unwanted stuff around their
    home and progress to actually searching for goods, say at thrift shops,
    to resell. Drivers must cross a background examine, however after that, you’re ready
    to start hauling passengers day or night.

  8. One app gets visible to help you select just the right place to
    dine. London is also a high-quality proving
    ground for wheelchair athletes, with a $15,000 (about
    9,500 pounds) purse to the first place male and
    feminine finishers. The Xbox 360 is the first system to make use of
    such a structure. Since that is Nintendo’s first HD console,
    most of the big adjustments are on the inside. The
    username is locked to a single Wii U console, and every Wii
    U helps as much as 12 accounts. A traditional processor can run a
    single execution thread. That works out to greater than eight million Americans in a single 12 months — and people are just
    the individuals who realized they have been ID theft victims.
    If you want to entry the total suite of apps obtainable to Android units, you’re out
    of luck — neither the Kindle Fire nor the Nook
    Tablet can entry the full Android retailer. In my electronic e book, each the Nook Tablet
    and the Kindle Fire are good devices, however weren’t exactly what I wished.
    If you are a Netflix or Hulu Plus buyer, you possibly can obtain apps to entry those
    providers on a Kindle Fire as nicely.

  9. The Fitbit merges existing products into a new suite
    of tools which will enable you get into better bodily form.

    If you may fit it into your routine, Fitbit will take the guesswork out
    of monitoring your exercise and eating behaviors. It does
    not take too much technical data, and when you are done, you may have a versatile, expandable DVR that won’t add to your monthly cable invoice.

    They don’t tend to have as much storage space as
    arduous drives, and they are dearer, but they allow for much sooner
    data retrieval, leading to higher application efficiency.
    In that spirit, if you’ve just crawled out from underneath the proverbial rock and are wondering whether Frodo ever
    does get that ring into Mount Doom, the reply is (spoiler): Sort of.
    Users can create any sort of procuring list they’d like — shoes, gifts, handbags,
    toys. The wiki incorporates pages on subjects like impartial movie, comic guide-based movies and blockbusters.
    A single all-in-one sheet contains sufficient detergent, softener and anti-static chemicals for one
    load of laundry. If you drop the sheet into your washer, it releases detergent designed to help clean your clothes, while one other ingredient softens

  10. But every cable Tv subscriber pays a median of $1.72 a month to obtain Fox News.
    In accordance with a survey performed late final year, about 14% of cable Tv subscribers watch Fox News
    frequently. Fortnite companies can be disabled starting at 11:30pm PDT on July 19, or 2:30am EDT /
    7:30am BST on July 20 – an hour earlier than the last spherical of downtime.
    Fortnite v17.20 is slotted for release on July 20.
    In preparation for the replace, providers can be disabled beginning at approx.
    Its lacking features, like Nintendo TVii, will arrive publish-launch.

    An FM modulator would permit even an older automotive radio, like this one, to play your CDs by
    the automotive’s speakers. You play certainly
    one of many adventurers who should reply the call of an embattled queen to protect her kingdom,
    Fahrul, from impending doom after its king is murdered.
    Multi-Service business on-line contains numerous trade sectors such as well being-care, laundry, house companies, grocery supply, logistics, etc.
    Because all these service sectors could be smartly met into one
    cellular app, the general workflow could be gainful for entrepreneurs.

  11. Why purchase a $500 tablet if you’re just utilizing it to examine your e-mail?
    Many of us have been using the same vacation items for years, whether or not we like them or not.
    If you happen to personal your house, consider renting out
    a room on a platform like Airbnb so that you’ve revenue coming in repeatedly.
    Internet marketing is the principle source of revenue for Internet firms, similar to Google, Facebook,
    Baidu, Alibaba, and so on (Edelman et al., 2007). Unlike natural items (Yan et
    al., 2020a) solely ranked by consumer choice, the display of adverts will depend on each person preference and advertiser’s benefit.

    The results of offline simulation and on-line A/B experiment exhibit that
    NMA brings a major improvement in CTR and platform revenue,
    compared with GSP (Edelman et al., 2007),
    DNA (Liu et al., 2021), VCG (Varian and Harris, 2014) and WVCG (Gatti et al., 2015).
    We efficiently deploy NMA on Meituan food supply platform.

Leave a Comment