• News - North Central - Plateau
  • Updated: December 08, 2023

Tinubu’s administration hailed for reversing 40 per cent IGR remittance policy

Tinubu’s administration hailed for reversing 40 per cent I

Tanko Ishaya, the Vice-Chancellor of the University of Jos, has expressed appreciation to President Bola Tinubu for overturning the directive that required tertiary institutions to remit 40% of their internally generated revenue (IGR) to the federal government. 

Ishaya conveyed his commendation during a press conference in Jos, coinciding with his second anniversary as Vice-Chancellor. 

Tinubu had announced the policy reversal at the 75th Founder’s Day ceremony of the University of Ibadan, describing it as "ill-timed." 

Concerns from stakeholders highlighted the adverse effects of the policy amid economic challenges and insufficient funding for the nation's higher education institutions. 

Ishaya emphasized that the timely policy reversal would empower tertiary institutions to address their immediate financial needs.

”It is a known fact that public tertiary institutions in Nigeria are grossly underfunded; asking these institutions to remit 40 per cent of their IGR to government coffers will amount to serious stagnation. But we are elated by the recent decision of the president reversing the policy.

“So, I want to commend our president for cancelling this policy because it will give room for development in our tertiary institutions,” said Ishaya.

The vice-chancellor, however, advised the federal government to grant full autonomy to public universities, insisting that the autonomy of universities is not just about finances but their general administration.

“The autonomy of universities is not just about finances, but majorly about governance of the universities; autonomy is opposed to centralisation of the control of universities,” noted the Unijos VC.

“It confers on each university the right to select or admit its own students, decide what to teach and determine areas of research. So, we call on the federal government to grant universities autonomy to enable them to function optimally.”

The vice-chancellor, who reeled out some of the modest achievements in the university under his stewardship, maintained that his administration had completed over 30 inherited projects in the institutions.

Ishaya, who thanked staff and students of the institution for the support so far, promised to initiate and complete new projects and attract more research grants to the university before the expiration of his tenure.

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