Skip to content
Saturday 19 September 2026
  • Home
  • Advertise with us
  • Contact
The Frontier
Click to read
The Frontier
  • News
  • Crime
  • Politics
  • Headlines
  • Education
  • Health
  • Business & Economy
  • Sports
  • More
    • International
    • Religion
    • Entertainment
    • Info Tech
    • Matilda Showbiz
      • Gists
      • Music
      • Gossips
      • Oga MAT
      • Romance
    • Arts & Culture
    • Environment
    • Opinion
    • Features
    • Epistles of Anthony Kila
    • EyeCare with Dr Priscilia Imade
The Frontier
  • News
  • Crime
  • Politics
  • Religion
  • Headlines
  • Education
  • International
  • Business & Economy
  • Entertainment
  • Sports
  • Arts & Culture
  • Environment
  • Health
  • Matilda Showbiz
    • Gists
    • Music
    • Gossips
    • Oga MAT
    • Romance
  • Opinion
  • Epistles of Anthony Kila
  • EyeCare with Dr Priscilia Imade
  • Info Tech
  • Interview
The Frontier
Click to read
Education
Education

VCs, ASUU fault FG’s demand for varsities 40% revenue

The FrontierThe FrontierNovember 8, 2023 7443 Minutes read0

•Unilag

The Academic Staff Union of Universities and the Committee of Vice Chancellors of Nigerian Universities have described the plan by the federal government to automatically deduct 40 per cent from the Internally Generated Revenue of universities in the country as an attack on the university system.

The FG, in a letter dated October 17, 2023, and titled ‘Implementation of 40% automatic deduction from internally generated revenue of partially-funded Federal Government institutions,’ said it would begin the deduction with effect from November 2023, reports The PUNCH.

The letter signed by the Accountant-General of the Federation, Mrs Oluwatoyin Madein, Director of Revenue and Investment, Office of the Accountant-General of the Federation, Felix Ore-ofe Ogundairo, also said the auto-deduction policy of gross IGR was in line with the Finance Circular with reference number FMFBNP/OTHERS/IGR/CRF/12/2021 dated December 20, 2021.

However, the National President, ASUU, Prof. Emmanuel Osodeke, insisted that FG’s decision was disheartening, saying universities were not generating any revenue from the user chargers/service fees they gave students.

He argued that it was surprising that the government still wanted to collect from the subsidised charges on ID cards, hostel accommodation, lab coats, etc, of students.

“This is what we saw when we were fighting that the government should fund universities and Nigerians think ASUU is the problem.

“Universities are not revenue-generating agencies, so the 40 per cent of the subsidised money students pay for a hostel, medicals, ID cards, lab coat, chemicals in the laboratory should still be shared with the government?

“This is an extreme, that such is happening in Nigeria.. Will the Presidency ask the NASS, NNPC, to give a return of 40 per cent?”

Osodeke called on parents, students and Nigerians as a whole to rise against what he described as an attack against the universities, adding that ASUU would also meet with the Federal Government agencies in charge of the policy to take the next line of action.

He said, “Parents, students, Nigerians need to rise up to this. This is an attack on universities. Universities are already paying taxes. They pay withholding taxes and it goes to the government. There is nothing like IGR in universities. What we have are charges.

“We need to know the 40 per cent of what they want to collect from universities. They are even saying lecturers should pay them accommodation fees too.

“They want 100 per cent of what they pay as accommodation. It is sad. Give us some time to interact with the government,” Osodeke said.

On his part, the Secretary-General, Committee of Vice-Chancellors of Nigerian Universities, Prof. Yakubu Ochefu, revealed that the amount deducted by the FG from universities was 25 per cent but was increased to 40 per cent recently.

He called on the AGF to specify what it meant by IGR, saying universities only get user charges from students and not profits or revenues.

He added that universities were being run in deficit already, arguing that a deduction of 40 per cent would completely run the universities down.

Ochefu said, “The federal government, through the Accountant General of the Federation, is citing the Finance Act of 2021 as the basis for the decision.

“We also have to look at the provision of the law. It says that it is when you have surplus in terms of your Internally Generated Revenue, that is when you can make the return to the government. But many universities don’t have IGR, because most universities charge students’ fees as user charges. Paying N2,000 for an ID card, which has already been subsidised by the university; they pay health insurance, sports, ICT, accommodation, these are all the charges that come together and universities must provide all these for their students.

“If a user charge is considered as IGR, then we have a problem with the nomenclature. The accountant general should clearly specify what he was referring to as IGR.

“If it is all these subsidised charges that the government wants to collect 40 per cent, then the universities will lead towards financial catastrophe.

“We will open our books to the world to let them know that this is how much we get in terms of user charges. Universities are being run in deficit and FG still wants to collect 40 per cent; that means you want the universities to run down.”

Meanwhile, he insisted that if federal government wished to collect 40 per cent of what universities generate, they should fund the universities fully.

“If this happens, the financial challenges of the universities will get worse because the university is not a profit-making institution, it is not a revenue-generating entity. It is a service-providing entity.”

He also said the committee of VCs would consult with the Ministry of Education, accountant general and others.

 

 

 

Tags
ASUUdemandfaultvarsitiesVCs
FacebookTwitterWhatsAppLinkedInEmailLink
Previous post REVEALED: 31 governors shun financial autonomy for state Legislature •FULL LIST
next post Landlords association election turns bloody: 1 dead, 30 vehicles, 20 buildings smashed
Related posts
  • Related posts
  • More from author
Education

UNIPORT lecturers declare indefinite strike

September 17, 20260
Education

Lecturers raise alarm over staff shortage, N50,000 pay at Imo varsity

September 17, 20260
Education

King’s College concession: FG, Organised Labour agree on 2-week review

September 17, 20260
Load more
Read also
Inside Akwa Ibom Today

inside the Hill top newspaper

February 9, 20250
International

Brother of late Princess Diana makes new explosive claims against King Charles III

September 18, 20260
Crime

Eight suspects docked over disappearance of baby from church premises

September 18, 20260
News

Wear APC cap or face consequences — LG chairman threatens commercial drivers

September 18, 20260
International

Can Nigerians join US, UK armies? •Requirements explained

September 18, 20260
Headlines

EXPOSED: Dying moment of 37 suspected miners in Civil Defence custody arrested after ‘refusing to pay bribe’ — Survivor narrates

September 18, 20260
Politics

Disband INEC now over Appeal Court judgment on Electoral Act, says presidential hopeful Gbenga Hashim

September 18, 20260
Load more

inside the Hill top newspaper

February 9, 2025

Brother of late Princess Diana makes new explosive claims against King Charles III

September 18, 2026

Eight suspects docked over disappearance of baby from church premises

September 18, 2026

Wear APC cap or face consequences — LG chairman threatens commercial drivers

September 18, 2026

Can Nigerians join US, UK armies? •Requirements explained

September 18, 2026

EXPOSED: Dying moment of 37 suspected miners in Civil Defence custody arrested after ‘refusing to pay bribe’ — Survivor narrates

September 18, 2026

inside the Hill top newspaper

0 Comments

Brother of late Princess Diana makes new explosive claims against King Charles III

0 Comments

5 burnt to death scooping fuel from fallen tanker

0 Comments

Naira slumps further as dollar scarcity bites harder

0 Comments

BREAKING: Appeal Court sacks Senate Minority Leader, orders election rerun

0 Comments

Follow us

FacebookLike our page
InstagramFollow us
YoutubeSubscribe to our channel
WhatsappContact us
Latest news
1

inside the Hill top newspaper

February 9, 2025
2

Bring back all kidnapped Nigerians with immediate effect – Tinubu orders security agencies

December 9, 2025
3

New explosive wildfire erupts near Los Angeles

January 23, 2025
4

FG, Borno complete repatriation of refugees from Cameroon

February 7, 2026
5

Mexico to cut school year short ahead of World Cup

May 9, 2026
6

18-year-old apprentice impregnates 10 girls in 5 months

May 7, 2025
Popular
1

inside the Hill top newspaper

February 9, 2025
2

Sokoto declares today work-free for Eid-el-Fitr

April 12, 2024
3

Cyclone death toll in Mozambique rises to 16

March 16, 2025
4

Politicians are growing cultists as farmers grow crops—Adegoke, Chairman, Committee of Rectors of State Polytechnics

May 3, 2025
5

Illegal operators warned against unlicensed private security outfits

February 11, 2025
6

JUST IN: Nigerian Air Force appoints new spokesman

April 3, 2025

About The Frontier

The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.

Most viewed

inside the Hill top newspaper

February 9, 2025

BREAKING: Confusion as court bars INEC from recognising Mark, Aregbesola as ADC leaders one day after official pronouncement

September 11, 2025

$4.5 billion fraud: Former CBN Governor Emefiele hits back at EFCC, challenges statements, cites torture, detention

June 26, 2026

Niger abduction: 265 teachers, students still unaccounted for — Catholic Bishop •2 parents die from shock

November 28, 2025

After 5 rears trial, court fixes judgement day for Offa bloody robbery incident

July 15, 2024
Top posts

Categories

  • News5038
  • Politics4728
  • Crime4522
  • International3130
  • Sports2533
  • Business & Economy2330
  • Headlines2248
  • Education1416
  • Matilda Showbiz1016
  • Health910
  • Entertainment843
  • Africa602
  • Religion488
  • Environment377
  • Special278
  • Info Tech251
  • Arts & Culture240
  • Hunger protests in Nigeria224
  • Inside Akwa Ibom Today216
  • Interview192
  • Opinion154
  • EyeCare with Dr Priscilia Imade134
  • World Cup 202695
  • Advert36
  • Trends23
  • Epistles of Anthony Kila19
  • Local News5
  • The Surge3

© 2026 The Frontier, Published by Okims Media Links Limited.

designed by winnet services

  • Home
  • Advertise with us
  • Contact