Governors Setting Up Universities To Benefit From TETFund, Claims ASUU

Governors Setting Up Universities To Benefit From TETFund, Claims ASUU....KINDLY READ THE FULL STORY HERE▶

In an interview on Channels Television’s “The Morning Brief” program, the President of the Academic Staff Union of Universities (ASUU), Prof. Emmanuel Osodeke, criticized governors for creating state universities that they cannot adequately fund. He accused many governors of establishing these universities primarily to access funds from the Tertiary Education Trust Fund (TETFund).

Osodeke highlighted that TETFund, originally intended as an intervention fund for public universities, has become a target for exploitation by politicians and civil servants through fraudulent procurement and contracts. He explained, “Any governor today establishing a university is eyeing TETFund as a source of funding.”

He emphasized that TETFund should not be the primary funding source for universities, as these institutions belong to either the federal or state governments, which are responsible for their funding. The ASUU president called for a more transparent and inclusive approach to managing TETFund resources, involving the university community, including lecturers and student groups, in decision-making processes.

“There should be a stakeholders’ meeting to assess what you want to do with the funds,” Osodeke said, advocating for openness in project execution and preventing cases where TETFund representatives impose projects and contractors on universities. He insisted that university councils should manage their projects with the involvement of all relevant stakeholders.

Stay connected via Google News

Follow us for the latest travel updates and guides.