Unilag queried on Internally Generated Revenue
The Chairman, Senate Committee on Education, Senator Uche Chukwumerije, on Monday faulted the low internally generated revenue of the University of Lagos, saying the institution should make three times the amount it claimed it generated through IGR in 2011.The committee was at the university to carry out its mandatory oversight function on agencies and institutions under the Federal Ministry of Education.
The committee, which was obviously not impressed with the N2.6bn that accrued to the institution through IGR in 2011, wondered why the major source of IGR of the university only came from students’ fees. The IGR that came from the students’ fee, he said, was N1.36bn.“My first question is on IGR. Many believe that given the tremendous entrepreneurial opportunities being offered by the megacity of Lagos, UNILAG should be doing at least three times better than it is doing presently in IGR. Why is it not doing this? Please we need your IGR profile from 2005 to 2011
“In each year, is the IGR a part of the budget expectation and clarified as such in the budget? Why is the major source of your IGR generated from students’ fees instead of creative entrepreneurial engagement with your urban industrialised host environment?
“For instance, the 2011 budget performance report indicates, ‘out of about N2.6bn from IGR, tuition accounted for almost N1.36bn while business operatives and other incomes contributed the other half,” Chukwumerije noted.
The Committee Chairman also directed the university authorities to give the committee the report on the mode of selection of contractors and vendors for project on the utilisation of the 2011-2012 IGR.
On how to tackle the perennial problem of underfunding, the committee urged the university to channel more efforts at exploiting opportunities in programmes such as repair of Third Mainland Bridge, the traffic challenge in Lagos, development of canal for tourism and reclamation of Lagos marshlands.
On the renaming of UNILAG, the committee asked the university authorities the extent to which they were consulted before the name change became a public knowledge.
The committee also asked the university to produce an estimated cost of change of name to the institution’s budget; if the policy announcement was enacted into law.
“What was the extent of consultations between the Federal Government and the university authorities before this policy decision?”
The senator said that the name-change issue would determine the level of peace in the university.
Responding to the name change question, the Vice-Chancellor, Prof. Rahman Bello, said that the institution would provide the committee with the financial, social and emotional cost.
Other senators in the committee include the Vice-Chairman, Prof. Olusola Adeleye, Senator Oluremi Tinubu. The committee also paid a short oversight visit to the Federal College of Education, Akoka, Lagos.
The provost, Dr. Sijibomi Olusanya, lamented poor electricity supply in the institution. He said the institution spends over N1m monthly on diesel.
He said, “Electricity has been a major problem for us. If we have steady supply of electricity, this college would thrive.
Speaking with journalists, the provost said that the college was also battling with paying its un-skilled members of staff. “Another challenge we have, three years ago, the Federal Government asked us to outsource workers- cleaners, security staff, on an agreement that it would pay the contractors. We went ahead to get a contractor. But up till date, the contractor has not been paid. We have been paying the contractor,” he said.
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