Fresh facts from the Nasarawa State Polytechnic, Lafia has uncovered that a male staff of the institution from the Accountancy Department was suspended for revealing that the Polytechnic generates N400,000,000 to N450,000,000 as Internally Generated Revenue annually.
The revelations did not go down well with the management and a decision was taking without due consultation with the executive of the Academic Staff Union of Polytechnic under the headship of Paul Hussaini as the fate of the embattled staff who is from the Accountancy Department is still in limbo.
Sources of the IGR are mostly generated from the sales of admission forms, and admission letters, but the huge revenue comes from the Consultancy Services Units which is enough to sustain the institution.
Feelers maintained that the chunk amount of money disappeared into the thin air, as he further said there is nothing to show for the money received in terms of new structure built by the school if not the presence of buildings constructed by either the government of Nasarawa State which he listed to include the twin hostels accommodation that is almost in completion.
Insider also added that most of the existing structures are intervention from the Tertiary Education Trust Fund (TETFUND) and no single project to boast of by the school.
An impeccable source expressed dissatisfaction with the decay of facilities ranging from the condition of electrical fittings like fans which are in bad shapes even when the institution generates N400, 000,000 as Internally Generated Revenue.
Sources also asked why the management of the institution remains mute over the issue of a female staff that was involved in a sharp practice by diverting school fees of over 43 students.
It was authoritatively gathered that four staff that were suspended for diverting school fees worth N20, 000,000 went free while one of them was compelled to refund N4 Million.
The question was why the segregation in dealing with staff involved in aggrandizement of public fund, other accusations leveled against the polytechnic was the sponsorship of outsiders to workshops and seminars with money from TETFUND while deserving staff are on the waiting list.
Another decision of the management that generates mixed feelings from the Polytechnic was the hiring of external estate valuers to value landed properties in the institution, it was reliably gathered that N5,000,000,000 was voted for the exercise even with the presence of experts from Quantity Survey and Town Planning Unit of the institution.
The source who pleaded anonymity also lamented over deductions from salaries but no remittance was made to the concerned authority by the school management.
Other dirty deals of the Polytechnic include the recent disengagement of some engaged staff mostly academic staff from the service of the School without notice. One of the staff, Mal.Mansur is battle ready to drag the institution to court of competent Jurisdiction over his entitlement denied him.
In a summon addressed by Amal Chambers and made available to universalreporters247.com, the complainant is asking the court to compel the Polytechnic to settle his unpaid money worth over N200, 000.
It was revealed that in his engagement letter the management agreed to pay him a monthly take home pay of N45, 000 but reversed the agreement and was paid N35, 000 monthly contrary to agreement of engagement.
Another issues that generated tension in the institution was the recent decision of the state government to conduct a screening exercise, impeccable source revealed that the Polytechnic as an institution with autonomy would resist the screening which he unfolded that there has been series of data capturing, biometric exercise without any meaningful results to show for.
Another anti policy which was resisted even in the presence of the current commissioner Of Education, Hon. Ahmed Aliyu Tijjani when he paid an inspection visit to the school was the lingering impasse over contributory pension, again the unsettled crisis of Housing under the Federal Housing Scheme headed by the Federal Mortgage Bank is a dust yet to settle.
With the chunk of money generated by Nasarawa State Polytechnic, Lafia as IGR it went further to collect a loan from United Bank for Africa (UBA) which amounted to millions of Naira, this medium learnt that this has led to a disagreement compelling the institution to close her account with UBA and opened an account with Zenith bank as UBA declined down the request or gave a condition that the state government should serve as a guarantor.
The Rector, Dr.Silas Gyar when contacted in his office declined comment, saying he has no appointment with reporters.
“The rector said he will not attend to any Journalists because he do not have any appointment with the press or did not invite any member of the press”, said the female secretary to the Rector even after two hours of waiting at the secretary’s office.