The Academic Staff Union of Universities (ASUU) has called for the utilization of the backlog of unspent funds allocated to tertiary education. ASUU warned that the continued stagnation of these resources could hinder the growth and development of the sector.
Galaxy Television reports that this comes as the Tertiary Education Trust Fund (TETFund) engaged stakeholders in a one-day strategic interaction with heads of beneficiary institutions. Speaking, the President of ASUU, Prof. Emmanuel Osodeke, said university leaders must fight for themselves and not rely on others to negotiate their future.
He warned that the proposed tax changes to TETFund could drastically affect Nigerian universities’ funding, emphasizing the need to ensure these bills don’t pass if we truly care about our education system.
According to him, tax reductions may seem beneficial to industries, but they risk crippling higher education funding.
