The Senior Staff Union in Colleges of Education, Nigeria (SSUCOEN), has expressed appreciation to the Federal Government for rescinding the policy mandating a 40 percent deduction from internally generated revenue (IGR) of tertiary institutions.
Mr. Danladi Msheliz, President of SSUCOEN, conveyed this commendation in a statement issued on Monday in Abuja.
Msheliz underscored the significance of this cancellation, emphasizing that the policy’s imposition could have exacerbated the financial challenges already burdening the tertiary education sector.
He highlighted that the Minister of Education, Prof. Tahir Mamman (SAN), announced the reversal of the policy while representing President Bola Tinubu at the 75th Founder’s Day celebration of the University of Ibadan.
In addition to commending President Bola Tinubu for this decision, Msheliz urged the President to revisit previous agreements made with the union. The aim is to revisit these accords to enhance and elevate the quality of education across the country.
“The President, as a visitor to the university, pledged his commitment to the reform of the nation’s education sector as the bedrock for national development.
“A leaked memo addressed to the heads of all tertiary institutions recently by the government.
“It said that starting from November universities, Polytechnics, Colleges of Education, and non-technical, will have 40 per cent of their Internally Generated Revenue (IGR) deposited in their accounts will be deducted automatically via the Treasury Single Account.
“SSUCOEN wants the government to leave the revenue generated internally alone and focus on strengthening and sustaining the country’s image,” he said.
