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ASUU wants backlog of unspent funds utilised for tertiary education
By Francesca Hangeior
The Academic Staff Union of Universities, ASUU, has called for the utilisation of backlog of unspent funds allocated to tertiary education.
ASUU warned that the continued stagnation of these resources could hinder the growth and development of the nation’s tertiary institutions.
This came as Tertiary Education Trust Fund, TETFund, engaged stakeholders at a one-day strategic interaction with heads of beneficiary institutions.
At the meeting, held in Abuja, yesterday, the Executive Secretary of TETFund, Mr. Sonny Echono, said the strategic engagement marked a new chapter for the board, where it aligns efforts with stakeholders to optimise performance and enhance the quality of Nigeria’s tertiary education.
He said that with the recent increase in education tax from 2.5 percent to 3 percent, TETFund was poised for even greater impact, improving infrastructure, academic programs, and accessibility for all students.
“As heads of TETFund beneficiary institutions, you play a pivotal role in actualizing the mandate of the Fund. It is crucial that we engage constructively to set a clear course for the Fund’s direction and operational priorities.
“TETFund’s purpose is to empower our nation’s human capital, addressing the urgent need for capable, skilled professionals across all sectors. Established in response to the deficits in our tertiary education sector, TETFund began as the Education Tax Fund in 1993, transitioning in 2011 to its current form with a commitment to enhancing the quality of Nigeria’s public tertiary institutions through Education Tax contributions.
“The increase last year in the Education Tax from 2.5 percent to 3 percent authorised by President Bola Tinubu represents a significant stride for TETFund. This change reinforces the government’s dedication to strengthening Nigeria’s educational framework.
“We urge all stakeholders to actively engage in building these partnerships. Let us explore innovative ways to connect our institutions with industry leaders, fostering a symbiotic relationship that benefits both our students and the economy,” he added.
Speaking, the President of ASUU, Prof. Emmanuel Osodeke, said university leaders must fight for themselves and not rely on others to negotiate their future.
He warned that the proposed tax changes to TETFund could drastically affect Nigerian universities’ funding, emphasizing the need to ensure these bills don’t pass if we truly care about our education system.
News
It’s wrong to arrest individuals in place of suspects — Says PSC chairman
By Kayode Sanni-Arewa
The Chairman of the Police Service Commission, DIG Hashimu Argungu (retd) has condemned the practice by Nigeria Police Force operatives of arresting individuals in place of actual suspects.
He also frowned at the handcuffing of suspects during arrests, adding that the law prohibits these practices.
A statement on Wednesday by the spokesperson for the commission, Ikechukwu Ani, said Argungu made this known
during training on international Human Rights-based policing and effective oversight of personnel of the Police Service Commission.
Ani said the PSC chairman stressed that every suspect must be accorded humane treatment and must not be subjected to any form of torture, cruelty, inhuman, or degrading treatment.
The statement read, “DIG Hashimu Argungu, x-rayed human treatment of arrested suspects and declared that a suspect shall be accorded human treatment, having regard to his right to the dignity of his person and not be subjected to any form of torture, cru
Argungu noted that a suspect shall not be arrested merely on a civil wrong or breach of contract and shall be brought before the court as prescribed by law or otherwise released conditionally or unconditionally.
He explained that “a person shall not for any reason be arrested in place of a suspect adding that the law prohibits the handcuffing or any other unnecessary restrain of an arrested person, except if there is reasonable apprehension of violence or an attempt to escape; the restrain is considered necessary for the safety of the suspect or defendant or by order of court.”
Ani added the PSC chairman also noted that all over the world, police officers generally have broad powers to carry out their functions and duties.
“He noted that the constitution as amended and other procedural laws, however, place limits on how far Police can go in trying to enforce the law.
“According to him, one of the primary purposes of these laws is to protect citizens from abuses by the government, including police misconduct,” the statement added
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Just in: Plateau Govt Approves N70k Minimum Wage for Civil Servants
By Kayode Sanni-Arewa
In line with discussions reached after consultation with relevant stakeholders, the Plateau State Government has approved immediate implementation of the N70, 000 minimum wage for the workforce in Plateau State.
The cheering news is contained in a Press Statement signed by the Head of Civil Service in the State, Stephen Pam Gadong.
Full text of the statement reads in part:
Following the Agreement of the Committee on Consequential Adjustment on Salaries on 13th, November, 2024, the Executive Governor of Plateau State, His Excellency Barr. Caleb Mutfwang, has approved the immediate implementation of the N70,000 minimum wage for workers in the state.
The Implementation is a demonstration of the Governor’s commitment to prioritizing the wellbeing of the workforce in acknowledgement of their invaluableble role in driving the State’s developmental goals.
As the new wage policy is administered, Civil Servants are encouraged to embrace this gesture by recommitting to their duties with renewed dedication and zeal in order to foster a culture of productivity and excellence in service in the State.
News
Before final liquidation, NDIC set to auction Heritage bank properties
In a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Heritage Bank (In-Liquidation), the Nigeria Deposit Insurance Corporation (NDIC) has commenced the process of auctioning the landed properties and chattels of the defunct bank.
According to the Corporation, this exercise is in line with its statutory powers as the Liquidator of failed banks under section 62 (1)(d) of the NDIC Act, 2023, noting that; “This is another follow-up action sequel to the disposal of physical assets and chattels belonging to the defunct bank at its leased locations nationwide”.
This was contained in a statement signed by the Director, Communication and Public Affairs Department, Bashir A.
Therefore, the auction of the landed assets shall be by competitive bidding in sealed bids scheduled to take place at the six (6) selected locations of the Corporation across the country, for the affected 36 branches of the failed bank beginning from Wednesday 4th December 2024.
“Buyers who wish to participate in the auction are expected to follow laid down guidelines purposely aimed at ensuring transparency, fair competition, equity, and accountability to enable recovery of commensurate values from the exercise. This is critical for the payment of liquidation dividends to eligible claimants.
The Corporation shall give preference to financial institutions who are willing to buy at the highest auctioned value to allow for the continuation of provision of banking services to the Nigerian public at the designated locations”, adding; “This is desirable towards bolstering financial inclusion as envisaged by the financial system regulatory authorities.
“However, Corporate bodies and Private individuals willing to compete are equally eligible to compete in the process without prejudice, the auction shall be open and competitive to all bidders.
Furthermore, bidders will be allowed to inspect the properties and chattels across all locations one week before the date of disposal.”
Importantly too, the statement said; “All interested parties are to make available 10% bid security of the value of their sealed bids to be dropped in the bid box provided at the specific centre out of the six locations of the Corporation as contained in the published advertisements.
“All interested bidders are advised to submit their bids only at the designated NDIC offices covering their choices amongst Abuja, Lagos, Bauchi, Kano, Enugu, and Port Harcourt.”
Meanwhile, the Corporation has vowed that there would be no hiding place for debtors of the defunct Heritage Bank whose financial obligation portfolio is in the region of over N700 billion.
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