By DALCY LULUA
PRIME Minister James Marape has formally declared the Institute of Business Studies University a fully-fledged university, marking a historic milestone during the 80th birthday celebration of its founder, Sir Mick Nades.
Speaking at the celebration, Prime Minister Marape described the declaration as the culmination of a long and deliberate national process, acknowledging Sir Mick’s decades-long contribution to education and human resource development in Papua New Guinea.
The Prime Minister said the elevation of IBS to university status followed due process through government systems, including deliberations at the National Executive Council, and aligns with national higher education policies aimed at expanding access to tertiary education.
“IBS has been a long time coming,” Prime Minister Marape said. “Today, it is finally recognised as a university for this generation and generations to come.”
He said the declaration strengthens private sector participation in education and complements state-run universities, particularly at a time when thousands of
students leave Grade 12 each year with limited opportunities due to space constraints in public institutions.
With its new status, IBS University is now authorised to confer undergraduate and postgraduate degrees, creating additional pathways for young Papua New Guineans seeking higher education and skills development.
Prime Minister Marape paid tribute to Sir Mick’s vision and perseverance, noting that IBS began as a school founded on hope and has grown into a nationally recognised institution despite challenges and opposition along the way.
“Tonight is about recognising a life’s work,” he said. “This is government’s recognition of something close to your heart-a school you created in hope, now elevated to a university.”
He added that the declaration was a fitting tribute as Sir Mick marked his 80th birthday, describing the moment as symbolic of legacy, faith, and nation-building.
Prime Minister Marape encouraged IBS University to continue playing a key role in producing graduates who will contribute meaningfully to Papua New Guinea’s development.
“May this seed that has been planted grow into a strong institution that will bless thousands of children and shape futures for a better life,” he said.
Sir Mick Nades, family members, staff, students, alumni, and invited guests attended the celebration, which marked both a personal milestone for the founder and a historic chapter in the country’s higher education sector.