ASUU calls for utilisation of backlogged unspent funds for tertiary education devt

The Academic Staff Union of Universities (ASUU) has urged the use of unspent funds allocated for tertiary education, cautioning that stagnant resources could hinder the growth of Nigerian universities.

This call was made at a strategic meeting organized by the Tertiary Education Trust Fund (TETFund) in Abuja, where leaders gathered to discuss funding for higher education.

TETFund’s Executive Secretary, Sonny E

chono, highlighted the recent increase in education tax from 2.5% to 3% as an opportunity for expanded support in infrastructure and academics.

However, ASUU President, Prof. Emmanuel Osodeke, warned that proposed tax changes might reduce vital funding for universities. He also raised concerns over unused funds stuck at the central bank and criticized the idea of cr