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

schoolchildren bokoharam schoolchildren bokoharam
News10 minutes ago

BREAKING: Presidency Breaks Silence on ₦2bn Ransom Payment to Boko Haram for Niger Schoolchildren Release

The Federal Government has dismissed reports alleging it paid a huge ransom and released militant commanders to secure the freedom...

CBN Sacks Directors CBN Sacks Directors
Business20 minutes ago

BREAKING: CBN Cuts Interest Rate to 26.5% in Latest Policy Move

The Central Bank of Nigeria has reduced the Monetary Policy Rate by 50 basis points to 26.5%.

IGP Kayode Egbetokun IGP Kayode Egbetokun
News2 hours ago

BREAKING: President Tinubu Sacks IGP Kayode Egbetokun, Names Successor

President Bola Tinubu has reportedly removed Inspector-General of Police (IGP) Kayode Egbetokun, with AIG Tunji Disu set to take over,...

maxresdefault 3 maxresdefault 3
News4 days ago

[JUST IN]: US-Based Igbo Groups Hail Enugu Monarch For Confronting Tinubu, Demand Kanu’s Release (Full Details)

US-based Igbo advocacy groups have praised an Enugu monarch for openly confronting President Bola Tinubu.

gaming gaming
News4 days ago

Lagos Begins 5% Withholding Tax on Gaming Winnings

The Lagos State Government has commenced a 5% withholding tax deduction on gaming winnings.

ezgif 606f4cb933138d6e ezgif 606f4cb933138d6e
Entertainment4 days ago

Ogun Police to Arrest, Prosecute TikTok User Mirabel Over Alleged False Rape Claim

The Ogun State Police Command has concluded plans to arrest and prosecute a TikTok user, Mirabel, after she allegedly admitted...

kanu kanu
News4 days ago

AVID Condemns Killing of Ondo Monarch, Demands Kanu’s Release and Security Reforms

The American Veterans of Igbo Descent (AVID) has condemned the killing of Oba Kehinde Falodun in Ondo State.

Nigeria teleoms Nigeria teleoms
News6 days ago

Telcos Challenge Senate to Tell Nigerians the Truth, Insist Country Has Capacity for Real-Time Transmission

Telecom operators, including MTN, Airtel, Globacom and T2 Mobile, have rejected the Senate’s claims of inadequate infrastructure.

gym instructor gym instructor
Entertainment6 days ago

Drama at Fitness Centre as Man Arrests Gym Instructor for Impregnating His Daughter (Video)

Tension erupted at a fitness centre after a man arrived with police officers to arrest a gym instructor accused of...

WhatsApp ipob WhatsApp ipob
News7 days ago

IPOB Slams Tinubu’s Aide Over Kanu Conviction Comparison, Insists ‘Biafra Restoration Is Unstoppable’

The Indigenous People of Biafra has faulted comments credited to a presidential aide comparing Nnamdi Kanu’s terrorism conviction with Sunday...

Advertisement