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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Economy & Trade

Aiyedatiwa approves 60% subvention increase for Ondo varsities

From The Punch · () English

Summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Ondo State Governor Lucky Aiyedatiwa approved a 60% increase in monthly subventions for state-owned tertiary institutions.
  • The decision aims to strengthen institutions' capacity, ensure prompt salary payments, and improve the learning environment.
  • The governor also approved the immediate implementation of the agreement between the Federal Government and university unions.

Ondo State Governor Lucky Aiyedatiwa has significantly boosted support for state-owned tertiary institutions by approving a 60% increase in their monthly subventions. This move demonstrates the administration's commitment to enhancing education and staff welfare within the state.

The increased funding is intended to bolster the institutions' financial capacity, enabling them to meet their operational obligations more effectively. A key focus is ensuring the prompt payment of salaries and improving the overall learning and working environment for both students and staff. The governor stressed the importance of judicious use of these funds and prioritizing academic excellence.

Governor Aiyedatiwa has approved an immediate 60 per cent increment in the monthly subventions to all state-owned tertiary institutions in the state.

โ€” Ebenezer AdeniyanThe Chief Press Secretary to the governor announced the financial support for educational institutions.

In addition to the subvention increase, Governor Aiyedatiwa has approved the immediate implementation of the agreement reached between the Federal Government and university unions. This aligns state institutions with national standards and aims to address long-standing welfare issues, thereby boosting staff morale. The approvals are effective immediately, signaling a proactive approach to educational development.

The governor urged the management of the affected institutions and the unions to reciprocate the government's gesture through responsible fund management and a commitment to industrial harmony. This initiative comes as the Academic Staff Union of Universities at Adekunle Ajasin University had declared an industrial action over the non-implementation of the 2025 FGN-ASUU agreement, highlighting the ongoing need for such governmental support.

The Aiyedatiwa administration remains committed to making Ondo State a hub for quality tertiary education and will continue to take bold steps to support our institutions.

โ€” Ondo State Government StatementThe statement concluded by reaffirming the administration's dedication to improving tertiary education.
About this summary

Originally published by The Punch. Summarized and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.