Nigeria ranks lowest in education budget in West Africa
Post By Diaspoint | May 21, 2024
The Academic Staff Union of Universities (ASUU) has decried the neglect of the education sector, saying Nigeria ranks lowest in education budgets across the West African sub-region.
ASUU President, Prof. Emmanuel Osodeke, said this at a One-Day Workshop on ‘Emerging Areas of Students Needs in Beneficiary Institutions’, organised by the Tertiary Education Trust Fund (TETFund) in Abuja on Tuesday.
He also reiterated the union’s call for an upward review of education tax to 10 per cent, saying it would increase TETFund funding from the current N600 billion annually to N3 trillion.
“We have done survey of West African countries. The least budgetary allocation to education by any country in West Africa is 15 per cent. The highest is 32 per cent.
“We are in a country where we give 4.5 to 7 per cent out of which less than 70 per cent is released. But the Awolowo government was allocating over 30 per cent to education,” he said .
He singled out Enugu, Abia and Oyo states for earmarking more than 20 per cent of their budgets to the sector.
Osodeke berated many Universities Vice Chancellors for their failure to carry necessary stakeholders along in the utilisation of TetFund allocation to their schools.
“The TETFund inviting us as stakeholders to this meeting is an example of how it should be.
“But, you remember that when you were allocating money to universities VCs, we agreed that they would call stakeholders meeting before that money is utilised.
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