Skip to main content

Ajimobi justifies suspension of funding for institutions

Gov Abiola Ajimobi of Oyo State

Gov Abiola Ajimobi of Oyo State

Gbenro Adesina/Ibadan

Governor Abiola Ajimobi of Oyo State has justified the decision to stop funding of state-owned tertiary institutions.

Ajimobi said the hard decision is as a result of the dwindling financial resources and the need for the managers of the institutions to be more creative.

The Oyo State Government in a letter to all the state-owned tertiary institutions dated September 20, 2016 stated that the institutions should no longer expect subventions, whether for any arrears, current or future expenses in running the schools from the state government.

The governor who stated that each institution will still be getting 25 percent of its subvention assured that the government would continue to support the institutions with the amount as a sign of its commitment to their well-being.

He said that the way to go for better funding and management of education is participation of all stakeholders including parents, philanthropists and the private sector adding, “Looking at the economic situation of the country and in the whole world, we have dwindling oil revenue. It has affected virtually all aspects of our socio-economic life and we are unable to really cope.

”Therefore, we believe that apart from the dwindling resources, all Nigerians must participate in education. Education is participatory. It is not for the government alone or for the government alone to pay for education. We believe that parents, teachers, everybody must participate. What we are witnessing here today, for me, exemplifies our belief in participatory education”.

Ajimobi also pointed out that managers of government-owned institutions need to work hard to block leakages and be creative in serving their communities.

“We are still supporting the tertiary institutions. We have not cancelled subventions completely. We have reduced it from 100 per cent to 25 per cent. And we see many loopholes and leakages gulping revenue. They should go and plug them. We believe that they can raise Internally Generated Revenues, IGR, through efficient management of their resources, through plugging of leakages and through offering various services to the community. They agreed. You can see that private institutions are not taking subventions from anybody. Education is not absolutely free. Nothing is absolutely free”.

Speaking on the crisis rocking the Ladoke Akintola University of Technology (LAUTECH), Ogbomoso, the governor said, “Before we came in 2010, the former governor, Chief Adebayo Alao-Akala and his Osun State counterpart then, Prince Olagunsoye Oyinlola, had an agreement to transfer LAUTECH to Oyo State. But Governor Rauf Aregbesola went to court, and the case got to the Supreme Court.

”In 2012, the court gave a judgment that co-ownership of LAUTECH by both states remained unbroken. The judgment held that unless both owners sit down and agree, no party can singlehandedly decide to severe the relationship. Agreed that Osun State is not paying as it should be paying, Oyo State has paid substantially more than Osun has paid. What we are saying now is for us to sit down and see the need for co-owners to fulfil our obligations”.

Comments

Popular posts from this blog

Court grants Fani-Kayode N50m bail

Fani-kayode sandwiched by EFCC officials Justice James Tsoho of the Federal High Court Abuja on Thursday granted a N50m bail to former spokesman of the Goodluck Jonathan Campaign Organisation, Chief Femi Fani-Kayode. Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) on a five-count charge of money laundering to the tune of N26m. Fani-Kayode is the sole defendant in the fresh charges numbered, FHC/ABJ/CR/140/2016. The EFCC accused the defendant of diverting 26 million Naira allegedly received from the ONSA while Sambo Dasuki was in office. The anti-graft agency also accused him of handling the said N26 million without going through financial institution as required under the Money Laundering Act. The embattled former minister is already facing 17-count charge of money laundering before the Lagos Division of the court, along with a former Finance Minister; Nenadi Usman, Danjuma Yusuf and a firm; Joint Trust Dimension Nigeria Limited. They were charg...

Houthis Claim Attack on Central Israel in Response to Gaza ‘Massacres’

The ongoing conflict between Israel and Hamas has taken a concerning regional turn as the Houthi rebels in Yemen claimed responsibility for an attack on central Israel. The group announced this as part of their escalating response to what they describe as "massacres" in Gaza amid the Israeli military’s operations in the strip. Details of the Attack The Houthis, a Shiite militant group with ties to Iran, declared that they launched missile and drone strikes targeting Israel. While the exact impact of these attacks remains unclear, reports suggest that Israel’s defense systems intercepted several threats over its airspace. This marks a significant escalation as the Houthis widen their involvement in the conflict beyond their typical operations within Yemen and neighboring Saudi Arabia. The Houthis’ Justification In their statement, the Houthis framed the attack as retaliation for Israel’s military actions in Gaza, which they characterized as indiscriminate bombings resultin...

Fire: UniJos Senate convenes emergency meeting on Monday

Fire at the University of Jos Library University of Jos is to convene an emergency senate meeting on Monday to review the level of damage done to the institution by the Saturday night inferno. The Vice Chancellor, Prof. Sebastian Maimako, disclosed this on Sunday after inspecting areas affected by the incident. The fire, which lasted for more than six hours, destroyed the Library Complex that equally houses the faculties of management and social sciences. The fire also destroyed examination scripts, books and very crucial materials. Consequently, the vice-chancellor said “the Senate will meet tomorrow (Monday) to take a decision about the unmarked examination scripts that were burnt.” On the cause of the inferno, Maimako said investigation had commenced, adding that “nothing has been confirmed yet. We are still investigating.” The vice chancellor said the school was already working with federal authorities toward establishing a main fire station since the mini fire station in t...