According to the document obtained by Premium times, it was agreed to recommend that:
Year Amount (N)
b.) Each State University shall require three million, six hundred and eighty thousand and eighteen Naira (N3,680,018) per student for the period 2009 – 2011 as follows:
Year Amount (N)
2009 1, 144, 075
2010 1, 205, 880
2011 1, 330, 063
Total (approximated) 3,680,000
These amounts include Recurrent and Capital Grants, and are based mainly on the disaggregated returns from the universities.
SOURCES OF FUNDING
Federal and State Governments
The goal of this negotiation is to put Nigeria in a strong position to become a knowledge-based society that will be able to compete and survive in the 21st century. To achieve this, the entire education system requires massive funding at all levels. While non-budgetary sources have a role to play, and there must be continuous efforts to identify and use them prudently, the major source of funding education for national development is through budgetary allocation from State and Federal Governments. With this in view, the Re-negotiation Committee agreed to recommend to the relevant authorities that:
Federal Government Assistance to States for Higher Education
It was agreed that the Federal Government should, as appropriate, provide general assistance both to the State Governments that are proprietors of the Universities and those that do not own Universities but need assistance in the area of higher education, as allowed by the Nigerian Constitution (Section 164.1)
Education Tax Fund
It was agreed to recommend that the Education Tax Fund Act be amended to:
Petroleum Technology Development Fund (PTDF)
It was agreed that Governing Councils of Universities shall access and effectively utilize funds from PTDF for research, training and development of academic staff. Accordingly, it is recommended that Government shall encourage PTDF to assist Universities in this regard.
Transfer of Landed Property
This was an item of agreement in both the 1992 and 2001 FGN/ASUU Agreements. It was, therefore, agreed that the Implementation Monitoring Committee of this Agreement shall pursue its implementation as appropriate.
Patronage of University Services
It was agreed that the Federal and State agencies shall be encouraged to patronize quality university consultancies, without prejudice to the principle of due process.
Funds from Alumni Association
It was agreed that Governing Councils of Universities shall encourage Alumni Associations to contribute funds to Universities through direct funding endorsements, bequests, etc.
Other Sources of Funding
It was agreed that each academic department in the Nigerian Universities shall be provided with minimum set of equipment to enable it to execute its mandate. The collective use of highly specialized equipment of exceedingly high cost through establishment of central laboratories among departments should be encouraged. However, this cannot be a substitute for specialized laboratories in departments. Each University shall arrange its own cost-saving measure.
Duty-Free Importation of Educational Materials by Universities
It was agreed that Universities shall be entitled to duty-free importation of books, laboratory equipment, journals and other teaching and research materials.
Setting up Research Development Units by Companies Operating in Nigeria
It was agreed that Government shall encourage companies registered in Nigeria to intensify their Research and Technical Collaboration with Nigerian Universities within the next ten years, with a view to playing a more significant role in the development of research and relevant technologies in Nigerian Universities.
Three-Year Rolling Plan
It was agreed that Government shall, in respect of University Education, formulate and implement a three-year rolling plan.
Budget Monitoring Committee
It was agreed that, to help in enforcing discipline and ensuring budget performance, each University Governing Council shall set up a Budget Monitoring Committee.
The Committee shall comprise one elected representative each, of Congregation, Senate, ASUU, SSANU, NAAT, NASU and the Students’ Union, with an external member of the Governing Council as Chairman.
It was further agreed that Government and its agencies shall make public all funds released to Universities immediately after the release.
It was also agreed that each University shall:
University Post-Doctoral Fellowship
It was agreed to recommend that each University Governing Council should introduce Post-Doctoral Fellowship Leave with Pay outside Nigeria into the University’s Conditions of Service as part of its Staff Development Programme, to be funded as appropriate.
Provision for Teaching and Research Equipment
It was agreed that the provision of up-to-date equipment in each department, to facilitate teaching and research, shall be reflected in the Annual Budget of Universities.
National Research Fund
It was agreed that there shall be a National Research Fund domiciled with ETF, with funds drawn from ETF and other sources and disbursed on a competitive basis.