ASUU Publishes Sharing Formula Of N200bn University Fund

7:30 AM
 
Academic Staff Union of Universities (ASUU), Niger Delta University chapter on Thursday kicked against the formula adopted in the sharing of the Federal Government N200 billion to public universities. It was recalled that the fund was disbursed by the Federal Government in the wake of the recent ASUU strike. Dr Beke Sese, ASUU chapter Chairman said in Yenagoa that the sharing formula was done in favour of the federal universities. He said that the fund was shared 80 per cent to federal universities and 20 per cent to state universities, respectively, which he said was not equitable “and therefore, unacceptable’’.   SEE MORE AFTER CUT>>>>>>>>>
He argued that federal universities had advantage over their state counterparts in terms of infrastructure development and therefore it was proper for state universities to benefit more from the fund. According to him, disbursing more funds to state universities will bring them to the same level with the federal universities. He noted that since the money was a special intervention fund, it should be shared in a fair and equitable manner to all the public universities. He said that all the public universities contributed to the strike that brought about the money, stressing that there was no justification for the federal universities to benefit more. He said that the sharing formula was a deliberate attempt by certain individuals in the country to divide ASUU along federal and state universities line.
The situation, the ASUU chapter chairman said would not augur well for the union.

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