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Friday, October 18, 2024

Some Govs Establishing Varsities Have Eyes On TETFund —ASUU President

THE President of the Academic Staff Union of Universities (ASUU), Emmanuel Osodeke, has slammed some governors for establishing state universities they cannot fund, alleging that most governors duplicate universities in their states to get a piece of the pie, that is the Tertiary Education Trust Fund (TETFund).

“Any governor today establishing a university is eyeing TETFund as a source of funding,” Osodeke said on Channels Television’s “The Morning Brief”, monitored yesterday, in Asaba, the Delta State capital.

He said though TETFund is supposed to be an intervention fund for public universities, politicians and civil servants have been at it like a cash cow to be milked dry through shady procurement processes and contract fraud.

“TETFund was created as an intervention fund, not the major funding. The universities belong to the Federal Government and government is supposed to fund them and states are supposed to fund their own.

“It’s an intervention fund but there are people who want to have access to that money from the political circle, from the bureaucratic circle, at all cost. We are struggling with that,” he said.

The ASUU president said a structure should be created to carry stakeholders along in the process of how the money is allocated and spent in an open and transparent manner. “There should be stakeholders’ meeting to access what you want to do with the funds,” he said.

Osodeke added that the stakeholders should include the university community; lecturers, student groups to put an end “to the case you see today where somebody comes from the TETFund and say, ‘I have a project for you and I am going to be the contractor.

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