Senate charges heads of tertiary institutions on aggressive IGR drive

The Chairman of Senate Committee on Tertiary Education and TETFUND, Senator Barau Jibril has challenged Tertiary institutions across the country to development mechanism inwards to generate funds as internal revenues.

Handing down this charge to heads of Tertiary institutions at the 2017 budget defence, Jibrin explained that internally generated revenues would augment federal allocations, stressing that government alone cannot adequately fund education.

He was emphatic that internally generated revenues of Colleges of Education were abysmal, noting that if such continued, it would be difficult for Colleges to operate in the future.

“I want to challenge all of you here especially Colleges of Education to look inwards to generate funds to augment government allocations; in this way, it will enhance academic activities‎.

“We cannot continue to see Colleges of education or Tertiary Institutions performing poorly in their internally generated revenues”, he added.

Part of how to generate revenues, he suggested, was to commercialize their patent in their research findings and create endowment funds through setting up of consultancy services.

Earlier in his speech, the executive Secretary of the National Commission for Colleges of Education, Bappa Aliu Mohammadu said that poor funding was hampering the activities of colleges of education.

He explained that activities of the Commission had been on the increase, noting that the current budgetary provision was no longer sustainable.

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