Connect with us

News

Vice-Chancellors and Lawmakers in Showdown Over Alleged Extortion for N683 Billion 2024 Intervention Fund

Published

on

A brewing conflict is emerging between vice-chancellors of public universities in Nigeria and members of the House of Representatives over what is perceived as a new extortion attempt related to the recently approved N683 billion 2024 intervention fund for the nation’s publicly-owned tertiary institutions.

The tension escalated shortly after the federal government’s announcement of the release of the intervention fund. The House Committee on TETFUND, chaired by Miriam Onuoha (APC, Imo), sent letters dated 12 January to the Committee of Provosts of Colleges of Education, the Committee of Rectors of Polytechnics, and the Committee of Vice-Chancellors of Nigerian Universities. The letters directed these committees to suspend the implementation of the intervention fund until they receive clearance from lawmakers.

In the correspondence, officials were instructed to “stay action on the implementation process until submission and appearance before the committee is concluded.” The lawmakers further demanded the submission of “full implementation details, including but not limited to the drawings, designs, and specifications for all projects, procurement, and services as contained in your 2024 TETFUND Normal Intervention Allocation letter issued to your Institution.”

This development has set the stage for a potential showdown between the vice-chancellors and lawmakers as the higher education institutions navigate the complexities surrounding the utilization of the substantial 2024 intervention fund.


For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Updates

Hezbollah Launches Rockets, Drones Into Israel (VIDEO)

CAF president begins two day tour of Angola, ends Saturday

Police recover more bodies of movie cast from Nigerian river

Exercise regularly for enhanced productivity -NDDC Commissioner implores Staff

Embattled former Central Bank of Nigeria Governor granted bail

Islamic Scholar In Minna Appeals To Peter Obi For A Borehole (VIDEO)

I’m still a man -Bobrisky tells court, despite previous claim of transgender surgery

Garba reappointed as Golden Eaglets Coach 11 years after U-17 World Cup triumph

Putin Sends Air Defence System, Russian Soldiers To Niger Republic

Israel Threatens To Launch Direct Attack On Iran Should Iran Carry Out An Attack

Subscribe to DDM Newsletter for Latest News