34 of 195 HE institutions meet financial records deadline

Only 34 Nigerian federal tertiary institutions out of 195 have complied with a directive by Tunji Alausa, the minister of education, to publish their financial records on their website by 31 May, reports the Foundation for Investigative Journalism.

On 5 April, the minister directed all the institutions to provide details of their budget allocations, funding details and student population, among others, on their websites. Alausa said the initiative was meant to strengthen public trust and promote transparency in Nigeria’s higher education system. This was months after a report by the Athena Centre for Policy and Leadership, a research institute, revealed that most Nigerian universities’ financial records were shrouded in secrecy. It states that Nigerian universities rank among the least transparent educational institutions in the world.

FIJ’s checks on the morning of 1 June revealed that less than half of the universities had published these records, as only 34 of them have complied with the directive.
Full report on the Foundation for Investigative Journalism site