Nasarawa State University Indebted To The Tune Of N2 Billion -Vice Chancellor
The Vice Chancellor of the Nasarawa state University, Keffi has revealed that the University was indebted to the tune of N2bn; he said the amount was incurred for the period of five years.
Professor Muhammed Akaro Mainoma said the N2bn debt was dated back to 2009 following an agreement reached between the state government and workers in the institution over backlog of Earned Allowances of 2009-2014.
He said Academic Staff Union are agitating for the backlog of N400m annually for a period of five years, he further affirmed that the University and the state government collectively paid N1bn remaining backlog of N1bn.
The earned allowance of academic staff union stands at N800m with a whooping balance of N200m,he in addition stated that Non-academic were owned 10% of their five years allowances following an accord reached.
“The allowances have been accumulated to the tune of N800m as it was agreed in November that 10% would be pay to the nonacademic staff until the debt is clear, we are doing our best to avert any strike action by the unions”.
He however maintained that salary remained a major challenged of the University; Professor Muhammed AKaro Mainoma hinted that the monthly subvention of the institution gulped about N129, 000 from the state government.
“Which salaries of workforce gulped N211m; there is also four months outstanding deductions of union dues, cooperative mounted to N80m monthly”.
On the sponsorship of lecturers, Professor Mainoma affirmed that over one hundred lecturers were sponsored abroad for further studies under the sponsorship of the Tertiary Education Trust Fund.
Adding the TETFUND has executed thirteen projects in the University, saying five which had since been completed while are still ongoing.