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FG disburses N38.93bn to 166 public tertiary institutions
🇳🇬 Nigeria · Politics · 7 h ago
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25.10 17:10 UTC
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The intervention forms part of the Federal Government’s efforts to address the needs of public universities and support the implementation of agreed measures under the Memorandum of Understanding between the Federal Government and the Academic Staff Union of Universities (ASUU).
The ministry said the released funds would enable beneficiary institutions to commence new projects or continue previously approved interventions aimed at improving their operational capacity.
The government said the disbursement underscores the importance of effective coordination between the Federal Ministry of Finance, the Federal Ministry of Education and beneficiary institutions in ensuring that approved public funding translates into tangible improvements in educational infrastructu
The Federal Ministry of Finance disclosed this in a statement on Sunday by its Head of Media, Efe Ovuakporie.
According to the ministry, polytechnics will receive N5.8bn, while colleges of education have been allocated N4.7bn.
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