ASUU gives reasons why governors set up universities they cannot fund

The President of the Academic Staff Union of Universities (ASUU), Emmanuel Osodeke, has accused the state governor of establishing the university solely to access funds from the Tertiary Education Trust Fund (TETFund).

In an interview on Channels Television on Thursday, Osodeke stated that most governors were creating duplicate universities to profit from TETFund, rather than prioritizing education.

According to Osodeke, TETFund was meant to be an intervention fund for public universities, but politicians and civil servants have exploited it through rigged contracts and procurement processes.

He emphasized that universities should be funded by the Federal and state Governments, not just rely on TETFund.

Osodeke expressed concern that the TETFund fundraising had led to fraudulent practices, which diverted funds from its intended purpose of supporting education.

Also Read: Osun king and others jailed for alleged destruction of farmland

He said, “Every governor today who is setting up a university is eyeing TETFund as a source of funding.

“TETFund was created as an intervention fund, not a primary fund. The universities belong to the Federal Government and the government should fund them and the states should fund their own universities.

“This is an intervention fund but there are people who want to get access to these funds from political circles, from bureaucratic circles, in any way. We are struggling with that,” he added.

ASUU has been vocal about the need for proper funding and governance in the Nigerian education sector.

The post ASUU gives reasons for governors to set up universities they can’t fund appeared first on Latest Nigerian News | Top News from Ripples Nigeria.