Nigeria Plans To Release N30B Revitalisation Fund To Universities Next Week

The Federal Government plans to release N30 billion as revitalisation fund to universities next week, according to the Minister of Labour and Employment Chris Ngige.

The minister said that the money was paid in January and remain in the custody of the Central Bank of Nigeria (CBN) pending the conclusion of the audit report of the Implementation Committee on the use of previous funds disbursement to universities by the Ministry of Education and the National Universities Commission (NUC).

Ngige said that the monies will be paid to successful universities based on the evaluation report of the committee while those with shortcomings will be made to make up before accessing the fund.

The revitalisation fund is among seven key issues evaluated at a meeting with the leadership of the Academic Staff Union of Universities (ASUU) on Monday.

A statement by the Deputy Director of Press and Public Relations, Federal Ministry of Labour and Employment, Charles Akpan, said both parties at the meeting expressed satisfaction with the implementation stages of what Ngige termed “work in progress.”

The Minister said some of the items in the Memorandum of Action (MOA) were nearly done hundred percent within the timeline.

He explained the National Information Technology Development Agency (NITDA) was directed to expedite action on the integrity test on the University Transparency Accountability Solution (UTAS) which if successful, will eliminate the challenges posed by the peculiarities of the university system to the current payment platform.

“The report has been turned in, deliberated upon and both the Education Ministry and the NUC have promised to write to the Accountant General of the Federation next week for the release of the money to the NEEDS Special Account for onward disbursement to universities shortly,” Ngige said.

He further disclosed apart from the N40 billion Earned Allowance which the Federal Government has already paid, the Budget Office of the Federation showed evidence that N22 billion Earned Allowances for the year 2021 is already captured in the 2021 supplementary budget of the federation, and will soon be accessed.

“On the proliferation of State universities, a bill has been sent to the National Assembly by the NUC to strengthen its arms in terms of delisting universities where funding and other parameters are inadequate.

“This effort was commended as all the parties agreed that mushrooming and proliferation of state universities, some of which mock the ideals of an ivory tower, should stop.

“The inconsistencies in the IPPIS payment were also discussed. There was good interaction and documents were exchanged between IPPIS and ASUU. ASUU is to go back to its members so that we can have a proper update on the extent of the inconsistencies in payment.

“We expressed our displeasure that these things are happening – amputation of salaries, not-too-clear, foggy things happening over peoples monthly emoluments. So we have asked IPPIS and ASUU to work together over this,” the Minister said.

He also said that evidence was presented to show that promotion arrears have been paid to some universities while the Budget Office of the Federation and the Office of the Accountant General of the Federation was asked to liaise with ASUU to sort out the rest, noting that the standing committee on the matter has been expended to include National Income Salaries and Wages Commission.

“A situation where a university professor is paid N107, 000 out of mistake or over deduction is unacceptable,” Ngige declared.