The Rector Nasarawa State Polytechnic, Lafia has said the institution augment N4.6m monthly to enable it to pay staff full salaries.
He hinted this during a press briefing held at the Polytechnic.
He said the institution is generating over N120 million in every session as Internally Generated Revenue.
Revealing that the IGR is from tuition fees paid by students.
“We have over 7000 students when you add the number of the students by the amount being paid every semester, you have N120 million.
“Though the indigene’s students paid an average of N17 000 every semester while the non-indigenes pay N30, 000 which is about N120million.
“We only charge N2, 500 for indigenes while non-indigenes pay N15, 000 as tuition fees.
“So if you add the N2, 500 and N15, 000 depending on the number of indigenes and non-indigenes for tuition fees every semester, you have N36 million in a session.
“Other charges are to take care of their examinations, medical bills, games, identity card, among others,” Gyar said.
He explained that the Polytechnic spends an average of N38 million in producing booklets, stationeries, refreshment and other allowances to conduct successful examinations every session.
It would be recalled that the inability of the Rector Nasarawa State Polytechnic, Lafia, Dr. Silas Gyar to grant audience to Journalist has created confusion in the institution.
The Rector apologized to the Press for not attending to them last week, when a group of journalists came to his office.