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Public Universities Get FG's Letters Of Allocation Of The N200b Intervention Fund

Supervising Minister of education, Nyesom Wike
The Supervising Minister of Education, Chief Nyesom Wike,
on Monday presented letters of allocation for the N200
billion intervention fund to all public universities in the
country.
Wike, who made the presentation at a meeting with vice
chancellors of the universities in Abuja, urged the
beneficiary institutions to utilise the funds and take them to
the desired level.
He noted that the Federal Government was committed to
improving university education in the country, and tasked
the vice chancellors to ensure that the funds were used to
improve infrastructure in their universities.
While expressing the hope that the money would be utilised
within the year, Wike said government would start to render
public account of what tertiary institutions did from next
month.
He said all the institutions would account for the funds
allocated to them, and let the people know what the
government was doing to improve the education sector.
Wike said it was imperative that the public knew how much
government was investing in tertiary education, and correct
the impression that it was neglecting the sector.
He said that the exercise would be conducted in the six
geopolitical zones of the country, beginning from March 4
with the North-Central Zone at the Federal College of
Agriculture, Makurdi.
He said that the South-East zone would converge at the
University of Nigeria, Nsukka, on March 11, while the
session in the South-South zone would be at the University
of Port Harcourt on March 10.
Wike said that the Ahmadu Bello University, Zaria, would
host the North-West zone, while the South-West zone
would hold at the University of Ibadan on a date to be
announced.
Wike urged the institutions not to see the exercise as an
audit of their financial expenditure, but a public
sensitisation programme on what they were doing to
revitalise the tertiary education sector.
He said that the events would be transmitted live on the
media, to show the sincerity of government, and how the
funds were utilised by the various institutions.
It would be recalled that the federal government, in a bid to
end the protracted strike by ASUU in 2013, approved a N200
billion increase in university funding in the 2014 budget.
The increment, according to the government, would
continue for the next four years until the universities meet
world standards. [NAN]

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Public Universities Get FG's Letters Of Allocation Of The N200b Intervention Fund

Supervising Minister of education, Nyesom Wike
The Supervising Minister of Education, Chief Nyesom Wike,
on Monday presented letters of allocation for the N200
billion intervention fund to all public universities in the
country.
Wike, who made the presentation at a meeting with vice
chancellors of the universities in Abuja, urged the
beneficiary institutions to utilise the funds and take them to
the desired level.
He noted that the Federal Government was committed to
improving university education in the country, and tasked
the vice chancellors to ensure that the funds were used to
improve infrastructure in their universities.
While expressing the hope that the money would be utilised
within the year, Wike said government would start to render
public account of what tertiary institutions did from next
month.
He said all the institutions would account for the funds
allocated to them, and let the people know what the
government was doing to improve the education sector.
Wike said it was imperative that the public knew how much
government was investing in tertiary education, and correct
the impression that it was neglecting the sector.
He said that the exercise would be conducted in the six
geopolitical zones of the country, beginning from March 4
with the North-Central Zone at the Federal College of
Agriculture, Makurdi.
He said that the South-East zone would converge at the
University of Nigeria, Nsukka, on March 11, while the
session in the South-South zone would be at the University
of Port Harcourt on March 10.
Wike said that the Ahmadu Bello University, Zaria, would
host the North-West zone, while the South-West zone
would hold at the University of Ibadan on a date to be
announced.
Wike urged the institutions not to see the exercise as an
audit of their financial expenditure, but a public
sensitisation programme on what they were doing to
revitalise the tertiary education sector.
He said that the events would be transmitted live on the
media, to show the sincerity of government, and how the
funds were utilised by the various institutions.
It would be recalled that the federal government, in a bid to
end the protracted strike by ASUU in 2013, approved a N200
billion increase in university funding in the 2014 budget.
The increment, according to the government, would
continue for the next four years until the universities meet
world standards. [NAN]

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