ASUU Rejects 40% Varsities IGR Deduction

The Academic Staff Union of Universities (ASUU) has rejected Federal Government’s move listing universities as agencies expected to remit 40 per cent of their Internally Generated Revenue (IGR).

ASUU, in a statement signed by its National President, Prof. Emmanuel Osodeke, on Tuesday after its National Executive Council meeting at the Kaduna State University, Kaduna, explained that universities were not revenue-generating agencies, saying that the obligatory fees paid by students were to provide the necessary tools for them to be properly educated.

Details later…