To ensure speedy development of Nigeria's public universities, the Federal Government through the Honourable Minister of Education, Prof. Tahir Mamman, has officially inaugurated the Implementation Monitoring Committee.
It is tasked with overseeing the Needs Assessment Fund for Nigerian public universities.
A press statement issued on Wednesday by the Director Press & PR, Folasade Boriowo, disclosed that the inauguration ceremony was held at the Ministry’s headquarters in Abuja.
According to the statement, Prof. Mamman emphasized the critical role of the committee in overseeing the implementation and monitoring of the Presidential Policy Assessment Fund for public tertiary education institutions, with a specific focus on universities.
He explained that the committee was established following extensive consultations and agreements with university unions, aiming to support the comprehensive development of Nigerian universities.
This development includes improvement in infrastructure, procurement of equipment, and the enhancement of human resources to ensure these institutions align with global standards.
The Minister revealed that an initial disbursement has been made under the Fund, marking the beginning of a substantial annual investment aimed at boosting the nation's tertiary education sector
The newly formed committee is entrusted with managing the disbursement and utilization of these funds, ensuring they are effectively allocated to address the most pressing needs of the universities.
Prof. Mamman observed that the delayed inauguration of the committee has impeded access to remaining funds from the Ministry of Finance.
He assured that efforts are ongoing to confirm the status and availability of the outstanding funds.
Expressing confidence in the committee's capability, the Minister stated that he believes it will fulfill its mandate and significantly contribute to the advancement of Nigerian universities.
Speaking earlier, ASUU President, Victor Emmanuel Osodeke, stresses the need to revamp Nigeria's education system, saying proper funding would have prevented students from seeking education abroad.
He called for improved oversight and resource management to restore quality education.
In a similar vein, TETFund Executive Secretary, Arch. S.T. Echonu, advocates for branch-level budget monitoring committees to enhance transparency and accountability in fund utilization.
He emphasized existing disconnects and ways to strengthening internal oversight to benefit the university system.