Education

President Tinubu cancels 40% IGR deduction from universities

Published

6 months ago

November 18, 2023 10:57 am

BodexNG

President Bola Tinubu has announced the 40% deduction from the internally generated revenue of federal universities.

The President said the policy implementation is shelved because it was ill-timed given the economic challenges the country is currently facing.

Speaking at the University of Ibadan’s (UI) 75th Founder’s Day ceremony on Friday, Mr. Tinubu’s words were conveyed by the Minister of Education, Tahir Mamman.

“The 40% IGR automatic deduction policy stands cancelled. This is not the best time for such a policy since our universities are struggling,” he said.

A letter dated October 17, 2023, directed to university leaders from the Nigerian government reveals the new directive.

Starting this November, the government plans to automatically deduct 40% of the internally generated revenues deposited in university accounts through the Treasury Single Accounts (TSA).

The Revenue and Investment Department of the Office of the Accountant General of the Federation in the Federal Ministry of Finance sent the memo to the University of Abuja’s vice-chancellor, informing the institution about a government decision to automatically deduct 40% of its Internally Generated Revenue (IGR).

The memo reads in part:

“It is important to emphasise that this policy of 40% auto deduction of gross IGR is in line with the Finance Circular Reference Number FMFBNP/OTHERS/IGR/CRF/12/2021/ dated 20th December 2021, limiting the budgetary agencies or parastatals to not more than 50 per cent of their gross IGR and the remittance of 100 per cent of the remaining 50% to the sub-recurrent account.
“While all statutory revenue lines like Tender fees, contractors’ registration fees, disposal of fixed assets, rent on quarters, etc, shall be remitted 100% to sub-recurrent accounts.”

Education

JAMB releases additional 36,540 UTME results

Published

11 hours ago

May 15, 2024 3:01 pm

BodexNG

The Joint Admissions and Matriculation Board (JAMB) has released an additional 36,540 Unified Tertiary Matriculation Examination (UTME) results which were withheld over irregularities.

Last week, JAMB released 531 results from the 64,624 results under investigation.

The exam body said the investigation includes verification anomalies, centres suspected of infractions, and cases of exam malpractice.

According to Fabian Benjamin, the board spokesperson, in a statement released on Tuesday, the total results released now stand at 1,879,437.

About 26,000 results are still being withheld over possible examination misconduct.

Benjamin also dismissed claims purporting to emanate from the board that the outstanding 2024 UTME results, currently being subjected to intense scrutiny by its team of experts, had been compromised on account of a cyber security breach and that it is considering rescheduling the examination.

He urged the public to disregard the report, adding that it was created by fraudulent people.

Education

ASUU threatens to embark on another nationwide strike

Published

18 hours ago

May 15, 2024 8:34 am

BodexNG

The Academic Staff Union of Universities (ASUU) may be gearing up for another nationwide strike if the brewing issues are not immediately addressed.

The president of the union, Prof. Emmanuel Osodeke on Monday, May 14, 2024, threatened that the union would go on an industrial action to protest against the absence of governing councils in all federal universities.

Osodeke made this known while speaking at a press conference at the ASUU national secretariat, Abuja.

He said the dissolution of the Governing Councils was against the principles guiding the existing universities.

ASUU also criticised the ‘nonchalant attitude of the Federal Government’ on matters that concern academics in Nigerian Federal Universities.

Education

UNILORIN unveils 40 new professors

Published

2 days ago

May 14, 2024 9:22 am

BodexNG

The University of Ilorin (UNILORIN) has announced the promotion of 40 of its senior academic staff to the rank of professor.

According to the university’s bulletin issued on Monday, the elevation was approved by Tahir Mamman, the minister of education.

The publication stated that the 40 distinguished scholars were found to have excelled in the realms of teaching, research and community service, and subsequently promoted to the highest rank obtainable in the academia.

The breakdown of the beneficiaries of the promotion exercise shows that 11 of the new professors are from the Faculty of Agriculture.

The bulletin disclosed that two lecturers from the Faculty of Clinical Sciences were also elevated to the rank of professor, while the Faculty of Communication & Information Sciences also produced two new professors.

It added that the Faculty of Law produced one new Professor, while the Faculty of Life Sciences produced four new professors, among others.

See the list below:

Faculty of Agriculture:

Sidiqat A. Aderinoye-Abdulwahab
L. L. Adefalu
F. O. Takim
A. A. Badmos
Foluke E. Sola-Ojo
W. A. Jimoh
M. I. Abubakar
T. H. Aliyu
R. O. Uddin II
T. O. Amusa
Mutiat A. Balogun

Faculty of Arts:

K. M. U. Gbodofu
Y. A. Abdullahi
Abosede R. O. Babatunde
Bolanle E. Arokoyo
P. U. Nwosu

Faculty of Basic Medical Sciences:

A. S. Alabi who teaches at the Department of Anatomy.

Faculty of Clinical Sciences:

T. O. Olanrewaju
O. A. M. Adesiyun.

Faculty of Communication & Information Science:

Tinuke O. Oladele
Saudat S. Abdulbaqi

Faculty of Education:

O. O. Okoji
Folakemi O. Adeniyi-Egbeola
Florence O. Daramola

From the Faculty of Engineering and Technology:

A. T. Ajiboye
A. Y. Abdulrahman
M. O. Sumonu
Rasheedat M. Mahamood
T. K. Ajiboye

Faculty of Law:

A. C. Onuora-Oguno

Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others