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FG release ₦38.93bn give 166 public tertiary institutions

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The gist
  • Federal Government don release ₦38.93bn give 166 public universities, polytechnics and colleges of education.
  • Universities collect the biggest share, ₦28.5bn, polytechnics follow with ₦5.8bn and colleges of education with ₦4.7bn.
  • Finance Ministry talk say the money na for approved infrastructure projects and e support the agreement with ASUU.

Federal Government don release ₦38.93bn give 166 tertiary institutions across the country under the Needs Assessment Revitalisation Fund, na so Finance Ministry talk on Sunday.

The money na for approved projects wey dem wan use close infrastructure gap and make teaching and learning facilities better, according to one statement by Efe Ovuakporie, head of media for the ministry.

The 166 beneficiaries na 79 universities, 46 polytechnics and 41 colleges of education.

Where the money go

Universities collect the biggest share. Dem allocate ₦28.5bn give the 79 universities, ₦5.8bn give the 46 polytechnics and ₦4.7bn give the 41 colleges of education.

That one come be like 73 per cent of the total for universities, like 15 per cent for polytechnics and like 12 per cent for colleges of education.

The ministry talk say the intervention na part of effort to address the needs of public universities and to support measures wey dem agree in the Memorandum of Understanding between the Federal Government and the Academic Staff Union of Universities (ASUU).

ASUU don talk am plenty times say facilities and funding no good for their negotiations with government, and the ministry talk say the fund dey target those infrastructure problems wey don dey long.

According to the statement, the money suppose let the schools start new projects or push forward approved ones wey go address critical infrastructure and other needs wey dem identify.

The ministry talk say the goal na to make the quality of tertiary education strong, and say the Finance Ministry, the Education Ministry and the schools must work together so the funding go bring real improvement for infrastructure and institutional capacity.

Nigerians wey want the full list of beneficiary institutions and how much dem allocate give each one, dem suppose check the ministry website, finance.gov.ng.

Wetin go happen next

The schools suppose put the funds inside the approved projects. Students and lecturers go dey watch to see whether the classrooms, hostels, laboratories and workshops wey don suffer years of neglect go actually get fixed.

The release come as the government talk say e don invest pass ₦1 trillion for tertiary education over two years, covering infrastructure, institutional capacity and access to higher education.

Sources

This story draws on reporting by:

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