Connect with us

Education

ASUU Demands 40% IGR Deduction From FG To Impoverish Varsities

ASUU argues that universities are not revenue-generating agencies, emphasizing that students’ obligatory fees…

Published

on

Prof. Emmanuel Osodeke
Prof. Emmanuel Osodeke

The Academic Staff Union of Universities (ASUU) has expressed concern over the Federal Government’s plan to deduct 40% from universities’ Internally Generated Revenue (IGR).

ASUU argues that universities are not revenue-generating agencies, emphasizing that students’ obligatory fees are meant to provide the necessary tools for education.

In October, the Ministry of Finance notified academic institutions across the country of its plan to automatically deduct 40 per cent from their IGR.

Advertisement

ASUU, in a statement signed by its National President, Prof. Emmanuel Osodeke, on Tuesday after its National Executive Council meeting at the Kaduna State University, Kaduna, explained that universities were not revenue-generating agencies, saying that the obligatory fees paid by students were to provide the necessary tools for them to be properly educated.

The statement said the NEC meeting took place from Saturday 11th to Sunday 12th November 2023, and deliberated on several issues affecting the Nigerian University System and country.

VerseNews reports that Osodeke advised the FG to remove universities from the list of agencies expected to remit 40 per cent from its IGR.

It read, “NEC reviewed the implications of the recent directive to Federal Universities to remit 40 per cent of their Internally Generated Funds to the coffers of government. NEC condemns the directive in its entirety because it would further impoverish and emasculate the Nigerian university system.

Advertisement

“For the avoidance of doubt, universities are not revenue-generating agencies because the obligatory fees paid by students are to provide the necessary tools for them to be properly educated. NEC calls on the relevant institutions of state to remove universities from this category of government ministries, departments, and agencies regarded as revenue-generating centres because of its implications for affordability and accessibility of education in the country.”

ASUU, during the meeting, lamented the deliberate attempt by the Accountant General’s office to further impoverish its members by the refusal to pay their promotion arrears of majority since 2018.

“NEC also reviewed the unsatisfactory reports on payment of the withheld eight months’ salaries by the government on account of the patriotic strike action of our members in 2022.

Advertisement

NEC calls on the Federal Government to unconditionally release all the withheld salaries as a demonstration of the new administration’s desire to permanently resolve all outstanding issues related to the last strike action of our union,” the statement added.

ASUU also decried the continued victimisation and onslaught against its members at the Federal University of Technology, Owerri, Ambrose Alli University Ekpoma, Kogi State University, Anyigba, Ebonyi State University, Abakaliki, Lagos State University, Ojo, and others.

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

WhatsApp Image WhatsApp Image
News1 day ago

IPOB Accuses Nigerian Govt, Army of Plot to Demonise Group and Justify Attacks in South-East

The Indigenous People of Biafra has accused the Nigerian government and the military of fabricating insecurity in the South-East.

law Symbol of Justice 1 law Symbol of Justice 1
News3 days ago

List of Approved 114 Universities to Run Law Programmes in Nigeria (Full List)

The Council of Legal Education has released the list of 114 universities authorised to run Bachelor of Laws (LL.B) programmes...

faac faac
News3 days ago

FG, States, LGs Share N1.89tn February Revenue

The Federation Account Allocation Committee has shared a total of N1.894 trillion as Federation Account revenue for February 2026...

benue benue
News3 days ago

Thugs Abduct Mortuary Attendant to Stop Mass Burial of Benue Bandit Attack Victims

Suspected thugs have abducted a mortuary attendant in Benue State in an alleged attempt to prevent the planned mass burial.

airline fuel airline fuel
News3 days ago

Nigerians Risk Higher Flight Costs as Aviation Fuel Price Surges 80%

Domestic airlines in Nigeria are under severe financial pressure after the price of aviation fuel surged by about 80 per...

CBN Building Abuja CBN Building Abuja
Business3 days ago

BREAKING: CBN Bars Loan Defaulters from New Credit, Banking Services

The Central Bank of Nigeria has directed banks to deny additional credit facilities and certain banking services to large borrowers...

IMG 3479 IMG 3479
Entertainment4 days ago

Comedian Broda Shaggi Hospitalised After Alleged Gunshot Incident

Popular Nigerian comedian and skit maker Broda Shaggi has been hospitalised after he allegedly sustained a gunshot injury.

Mojtaba Khamenei new Iran leader Mojtaba Khamenei new Iran leader
World News4 days ago

Iran’s New Supreme Leader Vows Revenge, Keeps Hormuz Strait Closed

Iran’s new Supreme Leader Mojtaba Khamenei has pledged to maintain the closure of the Strait of Hormuz to pressure the...

Hunger 1062x598 1 Hunger 1062x598 1
News4 days ago

63% of Nigerians Now Poor After Petrol Subsidy Removal — Study

About 63 percent of Nigerians fell below the poverty line after the removal of petrol subsidy.

tinubu secret talks tinubu secret talks
News4 days ago

Details Emerge as Tinubu Approves New Military Hardware After Security Talks

President Bola Tinubu has approved the procurement of additional equipment for Nigeria’s armed forces and security agencies

Advertisement