# King’s College Lagos management concession > Live situation record from CLSTR: https://clstr.news/situations/kings-college-lagos-management-concession > Updated: 2026-09-11T18:59:58.000Z. Sources: 6. Developments: 2. The Nigerian Federal Government approved a concession for the management of King’s College, Lagos, to the King’s College Old Boys’ Association (KCOBA). A transition committee was established to oversee the handover, which was expected to be completed within six months. This move meant the college would no longer receive funding from the Federation Account. The announcement caused immediate disruptions, including a shutdown by the school’s staff union. Following the announcement, the Minister of Education, Dr. Tunji Alausa, clarified that the institution has not been sold or privatized and that the government retains legal ownership and statutory oversight. The arrangement is a Public-Private Partnership (PPP) where KCOBA is responsible for financing, rehabilitating, modernizing, and maintaining the school’s infrastructure, such as academic buildings, laboratories, and libraries. The government intends to maintain its regulatory and enforcement powers while using the PPP to mobilize investment and management capacity. ## Timeline ### 2026-09-11: Nigeria clarifies King’s College Lagos remains publicly owned Nigeria's Federal Government clarified that King’s College, Lagos, remains publicly owned despite a concession agreement with the school's Old Boys’ Association to fund and manage its rehabilitation. 4 sources. https://clstr.news/cluster/nigeria-clarifies-kings-college-lagos-remains-publicly-owned ### 2026-09-08: King’s College Lagos to be managed by Old Boys’ Association The Nigerian government is handing over the management of King’s College, Lagos, to its Old Boys’ Association, a move that has triggered staff union protests and uncertainty over student resumption. 2 sources. https://clstr.news/cluster/kings-college-lagos-to-be-managed-by-old-boys-association --- Cite as: King’s College Lagos management concession. CLSTR, https://clstr.news/situations/kings-college-lagos-management-concession