Uniuyo VC in (blue suit) and officials of the University Alumni Association during the ceremony in the institution's main campus, Nwanniba road on Friday
The Vice Chancellor of the University of Uyo, Professor Chris Ekong, has raised the alarm over the funding deficit in Nigerian universities, lamenting that funds allocated to public universities in the country fall short of what is required to maintain operations and deliver quality education.
He disclosed that capital budgets allocated to public universities in the past four years have been less than 10 per cent, adding that federal officials come yearly to collect 25 per cent of universities’ internally generated revenue, and failure to comply could result in deductions from their personnel budgets.
The VC raised the concerns while speaking at the University Alumni Association’s one-year anniversary lecture and the official handover of the renovated 550-capacity ELF Lecture Theatre. The event, themed *”From Great Minds to Great Impact,”* was held at the university’s main campus on Nwaniba Road on Friday.
“It’s disappointing that Nigerian Universities are still not being well funded. Capital budget for the past four years given to universities is less than 10 percent. The universities have no money, but federal officials are coming every year to collect 25% of the internally generated revenue and if you don’t give they will charge from your personnel budget,the budget you should have used in paying That is the situation that we are in,God will help us,” Ekong said.
