Nigerians Govt orders universities, polytechnics to publish budget, others on websites
Posted: Sun Apr 06, 2025 3:49 pm

institutions are to disclose their Research Grant Revenue from the previous year. “This data should be separated into two distinct sources: grants obtained from domestic bodies such as local industries, government agencies, or foundations; and those received from international sources, including foreign institutions, multilateral organizations, and development partners. “Also to be displayed is the TETFund Allocation for the current year. The Institutions must clearly show the
total amount received from the TETFund, reflecting financial support for academic and infrastructural development in the present calendar year,” the statement said. The directive further mandates the institutions to publish the total value of their endowment fund as recorded at the end of the previous year. 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. “Finally, institutions are to present their current Total Student Population, which must be categorized into undergraduate and postgraduate levels, thereby providing a clear picture of enrolment and institutional capacity. “The Ministry emphasizes that this information must be presented in a clear, accessible, and user-friendly format for public visibility. Websites should be structured in a way that allows the public, including parents, students, and stakeholders, to easily locate and understand these data points. “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,” the statement added. DAILY POST had earlier reported that a transparency report described Nigerian universities as a den of impunity and secrecy. Nigerians Govt orders universities, polytechnics to publish budget, others on websites
Source: https://dailypost.ng/2025/04/06/nigeria ... -websites/