FG Moves To Promote Accountability In Tertiary Institutions

In a bid to promote transparency, accountability, and good governance in Nigeria’s Tertiary Education System, the Minister of Education Dr Maruf Tunji Alausa has directed all Federal Vice- Chancellors, Rectors and Provosts to publish key institutional data on their official websites with immediate effect.

A Statement by the Director of Press in the Ministry, Mrs Boriowo Folasade, says the move aligns with the country’s
higher education management to meet global best practices.

According to the statement, the policy is part of a broader reform initiative aimed at strengthening public trust in the nation’s tertiary institutions, towards enhancing performance-based funding, and improving Nigeria’s global education indices.

The statement further states that all institutions must provide their Annual Budgetary Allocation in full detail, including the breakdown of expenditure across three core areas: personnel cost overhead costs and capital expenditure.

In addition, the statement says institutions are to disclose their Research Grant Revenue from the previous year as well as the TETFund allocation for the current year.

According to the statement, institutions must clearly show the total amount received from the TETFund, reflecting financial support for academic and infrastructure development.

It says the directive also mandates institutions to publish the total value of their Endowment Fund as recorded at the end of the previous year as this figure, which reflects funds donated or invested for the institution’s long-term financial health, must be updated quarterly to ensure currency and transparency.

The statement says therefore that all federal institutions are expected to comply fully with this directive and ensure that their websites are completely updated no later than May 31, 2025.as the ministry would conduct periodic reviews of institutional websites and take appropriate administrative actions against non-compliant institutions.

PR/Nkiruka Okeke