Thursday, June 20, 2024

Directive On 40% IGR Remittance To Government Is Retrogressive – NCCE

The National Commission for Colleges of Education (NCCE) has kicked against the federal government’s directive that federal colleges of Education should remit 40% of their Internally Generated Revenues (IGR) to the federal treasury.

In a statement, the Union notes with enormous reservations that there is
no basis to apply this directive to the colleges of education since revenues collected in the colleges are meagre charges meant for the discharge of specific services.

According to the statement issued by the president of the Union, Dr.Smart Olugbeko, federal colleges of Education do not generate Internally Generated Revenue ( IGR), adding that they only charge service charges for student identity cards, health clinic services, hostel maintenance, laboratory equipment, teaching practice as well as consumables.

COEASU pointed out that the aforementioned charges cover for government inefficiency as these services are not being funded by government.

COEASU also noted that the recent report by the Joint Admissions and Matriculation Board (JAMB) that Education and Agriculture courses are the least subscribed among applicants to tertiary educational institutions is not only worrisome but portends a counter-developmental trend in Nigeria education system.

The Union therefore warned that
parents will bear the consequences of the policy,as many of them will have to withdraw their children from schools
If government goes ahead to implement the policy.

It however urge the Federal Government to exclude Colleges of Education from remitting 40% of their IGR to the federal treasury.

Related Articles


Please enter your comment!
Please enter your name here

For Advert Placements, Email:

Latest Articles