APCNig:


My brethren, I don't understand oooo. Universities collect huge money from students, but the federal government pays the universities staff. Monkey dey work, baboon dey embezzle

Huge? Huge? Please, explain what you mean by huge.

BrickDevo:
Nigeria will witness the longest and biggest protest in this Tinubu regime

nothing will happen

quite or revolution

Ejyksneh:
Ebola Thimbulu thinks Nigeria is south wast.e where he is their god, king and finisher of yeroóba faith? Nigeria is bigger than you Ebola Thimbulu!! And your fellow head slammers!!

You will be disgraced out of Aso rock, if not.... everything will continue to nose dive.
Na me talkam!

try and be reasonable please.we are talking of accountability here.abi,strike nor dey tire u.

BigBlackPreek:
So when has Universities become money generating companies Federal government is a joke indeed!

u simply don't know what u r saying.

chrisnando:


Did you read the article at all?
How will the govt collect 40% from fees like hostel, ID card, lab coat?

Omo we are in a mess in this country.

all income by government university is for government

you must not generate 5 naira on your own

na why nigeria no move forward, everyone won theif but tinubu is here

one small office holder in Nigeria fit buy benz of 100 million

it will end

before you argue read on laws guiding school

Ejyksneh:
Ebola Thimbulu thinks Nigeria is south wast.e where he is their god, king and finisher of yeroóba faith? Nigeria is bigger than you Ebola Thimbulu!! And your fellow head slammers!!

You will be disgraced out of Aso rock, if not.... everything will continue to nose dive.
Na me talkam!

It is not just enough to critise, analysis the matter and see if there is merit in any of the sides.

The simple question is, what are the universities doing with the fund they are generating?

HORLADY:
You see now.
Whipping up sentiments against the Government
The Students and their Parent knows that Universities are generating money.
Most of them established Ventures that runs bakery, table water, radio stations, Lock-up shops, collects money from campus shuttles and many more, hostels that they are not even maintaining, some even make the equipments in their engineering dept such as lathe machines available to artisans for use. What about the tractors and other equipment in their works department that they have leased out to companies.
Make dem dey play.

na why you go hear vc embezzled billions

BigBlackPreek:
So when has Universities become money generating companies Federal government is a joke indeed!

Government knew that they do generate

STEWpid:
Chai..



What are the Universities using the money for, when staff are still been paid by the FG?


The corruption in university compound is synonymous with the corruption in the larger Nigeria.


Cronies become billionaire just inside university compound alone via embezzlements!!

Students pay school fees directly to the FG.

University IGR are sourced from ID cards, lab coats, hostel fees and rent on shops.

And Tinubu still want 40% from that, considering that the university fuels itself, maintain the buildings, buy stationeries and other things.

Pennywise2:
Let government take over the funding. They think they are smart. Want to reap from every arm that they should be giving to. I trust ASUU to back out.

government own uni
. that's how it meant to be, take over totally

stickle:


Government knew that they do generate

From ID cards and lan coats?

Are you aware the all the fees student pays go straight into the federation account?

Very good one by FG, any school that won't comply should be shut down!

I knew it will get to this when Universities were increasing school fees.
They want to outsmart the Federal Government.

University is not even a Ministry not to Mention arm of Government.

ASUU can go to strike for all I care, this time.... Iron hand will be used on them

APCNig:


Why will others be for the school when government pays all staff salaries, build structures, even pays retired staff?

that is why tinubu is going after all these thiefs they are not meant to collect anything since govt is paying them corruption too much

let me mention you on the list someone listed

HORLADY:
You see now.
Whipping up sentiments against the Government
The Students and their Parent knows that Universities are generating money.
Most of them established Ventures that runs bakery, table water, radio stations, Lock-up shops, collects money from campus shuttles and many more, hostels that they are not even maintaining, some even make the equipments in their engineering dept such as lathe machines available to artisans for use. What about the tractors and other equipment in their works department that they have leased out to companies.
Make dem dey play.

APCNig

chrisnando:


Do you post school fees to the school or the govt?

The things I read here are shocking sometimes

Oga,my school fees was paid to the school, right from pre-degree days.my school gat a lot of programs.collecting a large of sum of money for lab.departmental level nko.

IamAtikulate:

Students pay school fees directly to the FG.

University IGR are sourced from ID cards, lab coats, hostel fees and rent on shops.

And Tinubu still want 40% from that, considering that the university fuels itself, maintain the buildings, buy stationeries and other things.

Who pay Lecturers?

Who fund TETFUND
Is like you want form country for the same country abi

APCNig:


Why will others be for the school when government pays all staff salaries, build structures, even pays retired staff?

oh... i am not supporting others should be for uni

i only answer the guy

STEWpid:


What maintenance and laboratory apparatus?
Na every year dem dey buy apparatus and maintain?
And that's only for engineering and medicals!
Yet, if you won do project, you go still buy materials!!
Are you an undergraduate or graduate??
How close are/were you in school matters??



Chai..

It is the school that pays most non-academic staffs not federal government. Nepa bills of student living in hostels who depend more on hotplate to cook amount to millions. When school show you their day to day expenses you go understand better.

APCNig:


You go just die if hypertension like those before you. If you semi-literate Zombies read the report at all, you will see that this is 2021 policy which Buhari was scared of implementing. The big heart the god of Politics is here to implement it

Thank u bro,tell them.they should account for all the money they made.

HORLADY:
You see now.
Whipping up sentiments against the Government
The Students and their Parent knows that Universities are generating money.
Most of them established Ventures that runs bakery, table water, radio stations, Lock-up shops, collects money from campus shuttles and many more, hostels that they are not even maintaining, some even make the equipments in their engineering dept such as lathe machines available to artisans for use. What about the tractors and other equipment in their works department that they have leased out to companies.
Make dem dey play.

Thank you for this.
Beyond sentiment and hated for whoever is in power, I don't know how someone will wail against this.

ASUU can't tell us how much they generate and how it is been utilized.

BrickDevo:
Nigeria will witness the longest and biggest protest in this Tinubu regime

Who hunger go kill, you are joking...

Universities can not form another government when it is Government that is paying them!

tollyboy5:

It is the school that pays most non-academic staffs not federal government. Nepa bills of student living in hostels who depend more on hotplate to cook amount to millions. When school show you their day to day expenses you go understand better.

so they can't regulate pre paid meter.what of schools that don't have hostels.

HORLADY:
You see now.
Whipping up sentiments against the Government
The Students and their Parent knows that Universities are generating money.
Most of them established Ventures that runs bakery, table water, radio stations, Lock-up shops, collects money from campus shuttles and many more, hostels that they are not even maintaining, some even make the equipments in their engineering dept such as lathe machines available to artisans for use. What about the tractors and other equipment in their works department that they have leased out to companies.
Make dem dey play.

Universities are becoming a very currupt Institution.

But Tinubu smart pass thieves
Universities are making billions, but get fully paid by Federal Government, but still cry for more....

Aba! I always wondered where all the money they generate is going!
I love this Government, if FG must work, they need money to work.... Simple

lolu2019:
so they can't regulate pre paid meter.what of schools that don't have hostels.

The guy no no say lecturers are the biggest criminal but disguise as holy Teacher

Ejyksneh:
Ebola Thimbulu thinks Nigeria is south wast.e where he is their god, king and finisher of yeroóba faith? Nigeria is bigger than you Ebola Thimbulu!! And your fellow head slammers!!

You will be disgraced out of Aso rock, if not.... everything will continue to nose dive.
Na me talkam!

You ipob governor lost woefully , you will cry till eternity.😭😭😭😭

lolu2019:
so they can't regulate pre paid meter.what of schools that don't have hostels.

Na meter debt dey run to millions na. Same quota cant be use for all schools tho. Some school are genuinely utilizing funds.

iyatrustee:
Their salaries are paid directly from the Federal government right? Then what do they use the monies generated for?

Instead of collecting a %, I'll rather the govt allows the to pay their salaries from whatever is generated. It will automatically block all the loopholes.

So na Salary University dey take run their affairs?

Do you know how much it costs to power generators for students to use and read at night?

Abii una no dey use generator for your side?

benuejosh:
Let me understand something here. The extra school fees and other levies they collect from students where does it go to. Or am i not following the gist?

School fees goes to government. IGR is different from tuition fee.

igala1:
Tertiary Institutions charge
1. POST UTME FEES N5000
2. BASIC/REMEDIAL PROGRAMMES N150K
3. POST/UNDER GRADUATE FEES

So what are they saying its not a revenue generating sector for.

this is false. As at last year oau, UI, unilag and most federal federal schools charge less than 50k as school fees and their putme form is #2000. Most of this school fees even goes into the government account. It is u guys that say the cost of running universities is not cheap in any country but still want government to collect 40% from the small fees they are charging.

The universities authority across the Nation had been enjoying from the Government and the individual students for long.

Sincerely, the internal revenue some university generates are alarming and some are not making used of it to develop the institutions but solely depends on the government.

The most annoying part is that the individual students will suffer the hike in school fees now with this new development. The institutions will be looking for how to maintain their expenses and profits.

To President Tinubu: A Second Look At The University Education:
While we welcome your good desires for Education Fundings,it is wrong to now see everything as money making industry - e g Universities and other Tertiary Institutions should be allowed to fend for themselves!
-It is not right or encouraging that the first year of your government, you will be asking them to give back to govt - 40% of what the Institutions are yet to get- for this is the First time of Full Autonomy Funding by these Institutions - so,they are still thinking outside the Box- to generate how their Revenues will be like and you are not considering how their various Expenditures will be like- Salary, Allowances, Research,External Evaluations,etc,but you are also immediately asking them to Fund your govt! Is this right at all?
- You should have sat down with ASUU - the University Union Body - by asking for their Opinions on this!
- Besides, due to increased in Students School Fees-,some Students will eventually dropped out, because the Universities and others will increase their own too,so are we moving forward?
- Education should be one of the Social Programs - for the National Development - not just for us to think is - for Money making ,just like Roads, Railways Services!
- the relative Peace we are enjoying in our Tertiary Institutions should let it be because of the Country past anticedents of long and prolonged periods of Chaos-so let this Peace remain!
• You should however set the Conditions that every govt-University and Tertiary Institutions -should give Accounts of their Revenue and Expenditures - in Accounting forms by having Internal and External Auditors for Evaluations Purposes - a must for every Organisation!
That is the only way to go!
God bless Nigeria!