FG Laments Poor Management Of Funds In Tertiary Institutions
Federal Government has lamented that poor management of funds allocated to tertiary institutions, especially polytechnics and colleges of education, is the major challenge of the sub-sector.
The Honourable Minister of Education, Adamu Adamu, stated this while inaugurating governing councils of new eight federal polytechnics and six federal colleges of education, he also warned council members against corruption and interference in the day-to-day operations of the institutions.
In his words: “Poor management of funds remains a major operational constraint in the education sector. “In this regard, councils should enlist the support of philanthropic organisations, individuals and other sources of revenue through an endowment for additional funding of their institutions.”
Adamu further warned that President Muhammadu Buhari would not hesitate to dissolve any council found to be corrupt and/or incompetent, noting, however, that with the calibre of men and women being inaugurated, “I am hopeful that he would have no need to exercise his powers in this regard.”
He particularly charged members of the councils to work with the Federal Character Commission to ensure compliance.
