By Anita John 
The president of the MAAUN Group of Universities, Professor Adamu Abubakar Gwarzo, has denied reports claiming he sold the Canadian University of Nigeria, Abuja, to foreign investors for $50m.
He said the report was false and designed to discredit his decades-long contribution to education.
Speaking at the Africa Entrepreneurship Summit in Luanda, Angola, Gwarzo explained that he had not sold any of the institutions he founded, including Maryam Abacha American University of Niger, which has thousands of students, or its counterpart in Nigeria. He questioned why he would consider selling the Canadian University of Nigeria, which has yet to begin academic activities.
The educationist confirmed that he had been approached by investors from Morocco but said he had made it clear he was not interested in selling the university. “My goal is to build a lasting legacy in the educational sector,” he said.
Gwarzo also outlined plans to establish a private university in Guinea-Bissau as part of efforts to expand access to higher education across Africa.
He urged journalists and the public to verify information before publication, warning that unconfirmed reports could mislead the public and damage reputations.
He is the founder of four private universities: Maryam Abacha American University of Niger (Maradi), Maryam Abacha American University of Nigeria (Kano), Franco-British International University (Kaduna) and the Canadian University of Nigeria (Abuja).
Gwarzo said his priority remained strengthening education standards and infrastructure in Nigeria and across the continent.
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