Image Credit: The Guardian
The University of Ibadan, University of Lagos and University of Abuja, amongst other major federal universities have partially complied to the directive of the Federal government on the mandatory disclosure of key institutional data.
The Federal Government recently ordered the mandatory disclosure of key institutional data on websites. Some of these key data includes yearly budgetary allocation, research grants, revenue of the previous year and current year allocation from the Tertiary Education Trust Fund (TETFund), etc.
Others are the endowment fund of the previous year and the total student population.
This directive was given by Dr Tunji Alausa , the Minister of Education and he directed that Universities should submit these information on or before the 31st of May, 2025.
This directive, according to the Guardian, “is aimed at promoting transparency and accountability in the tertiary education subsector” and the consequence for defaulting this directive will be ” risking zero funding from the federal government”.
However, it is to note that out of 71 federal universities in Nigeria, only 3 percent has fully complied with this directive, with 97 percent defaulting this directive even after the deadline.
Statistically, based on the sample given by Guardian, two institution fully complied, three substantially complied, twenty two partially complied, of which University of Ibadan is among, and there were fourteen universities with zero compliance.
It was also stated that the University of Ibadan, Ahmadu Bello University , University of Abuja and Obafemi Awolowo University, had only published students enrollment numbers, without their financial information details.
