VCs who divert TETFUND grant should be jailed – ASUU

The President of the Academic Staff Union of Universities, Prof Emmanuel Osodeke, has said any vice-chancellor who misappropriates the grant given to their institution by the Tertiary Education Trust Fund in line deserves to be in jail.

He said the Federal Government should set up a panel to enquire into the utilisation of such funds, noting that several TETFund-funded projects were implemented late due to the lack of proper management of the funds.

The ASUU President said in an interview on Friday, “You don’t need to hold the university, students and parents responsible, hold the vice-chancellors responsible to explain why they cannot retire the funds, and if they didn’t do what they should do, jail them. The university’s money is put somewhere and the value is reduced and even if the VC mismanages the fund, Nigeria’s money is wasted.

Asked the impact the FG’s N320,345,040,835 intervention fund for public tertiary education institutions would achieve for the sector, Osodeke said TETFund should ensure proper disbursement of the fund.

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