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Disclose Your Budgetary Allocations, Others To Public Online, Federal Gov’t Mandates Tertiary Institutions

by Leadership News
3 months ago
in Education
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The Federal Government has directed all Vice-Chancellors, Rectors, and Provosts of its tertiary institutions to publish key institutional data on their official websites for public consumption with immediate effect.

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To comply with this directive, all federal institutions were required to update their websites not later than May 31, 2025.

The Minister of Education, Dr. Maruf Tunji Alausa, stated that the move aimed to promote transparency, accountability, and good governance within Nigeria’s tertiary education system.

Director of Press and Public Relations of the Federal Ministry of Education, Boriowo Folasade, quoted the Minister as saying that each institution must disclose its Annual Budgetary Allocation in full detail, including the breakdown of expenditure across three key areas: personnel costs, overhead costs, and capital expenditure.

Additionally, institutions must disclose their Research Grant Revenue from the previous year.

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“This data should be categorised into two distinct sources: grants from domestic bodies such as local industries, government agencies, or foundations, and grants from international sources, including foreign institutions, multilateral organisations, and development partners,” the statement said.

Furthermore, institutions were required to display their TETFund Allocation for the current year, clearly showing the total amount received for academic and infrastructural development.

The directive also mandated the publication of the total value of the institution’s Endowment Fund as recorded at the end of the previous year. This figure, which reflects funds donated or invested for the institution’s long-term financial health, must be updated quarterly.

Finally, institutions must present their current Total Student Population, categorised into undergraduate and postgraduate levels, providing a clear picture of enrollment and institutional capacity.

The Ministry emphasised that the information must be displayed in a clear, accessible, and user-friendly format to ensure public visibility. Websites should be structured in a way that allows the public, including parents, students, and other stakeholders, to easily locate and understand the data points.

To ensure compliance, the Federal Ministry of Education said it will conduct periodic reviews of institutional websites and take appropriate administrative actions against non-compliant institutions. It added that the reviews will be used to assess compliance and inform policy decisions that promote transparency.


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