Reps Criticise Finance Ministry For Delayed Release Of Education Funds

 
The House of Representatives Committee on Education has criticised the Ministry of Finance for the delay in release of appropriated education parastatals.

The Committee expressed its disappointment on the back of its oversight function to the National Universities Commission to ascertain the level of implementation of projects for the fiscal year and the efficiency of its operations.
The Deputy Executive Secretary of Administration for the Commission, Akinbode Agbaoye, revealed to the lawmakers that only 35 million Naira had been released out of the 130 million appropriated to the commission for 2014.
The Director of Accounts, Dr. Sam Onazi, also explained that the amount released amounted to only about 27% of appropriated funds and this has caused huge delay in projects execution.
The Chairman of the Committee, Aminu Fagge, while echoing that the delay in the release of funds had hampered budget implementation and execution of capital projects in the education sector, also asked for quick intervention from the Finance Ministry.
Another issue addressed at the meeting was the persistent conflict between the commission and other professional bodies over accreditation of university programmes and the recent allegation by a vice chancellor that the commission charges a fee for accreditation.


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