The FG has instructed the administration of all federal higher education institutions in Nigeria to publish comprehensive financial and academic information on their websites by May 31, 2025. This was communicated by the Minister of Education, Tunji Alausa, in a release signed by Boriowo Folasade, the ministry’s spokesperson.
Per the instruction, vice-chancellors, rectors, and provosts are required to reveal their institutions’ yearly budget allocation, encompassing personnel expenses, operational costs, and capital investment. Furthermore, they must disclose information regarding research grants acquired from overseas institutions, multilateral bodies, and development collaborators.
“The instruction additionally mandates institutions to publish the total worth of their endowment fund as recorded at the conclusion of the preceding year,” the release states. “This amount, indicative of funds received or invested for the institution’s enduring financial stability, must be refreshed quarterly to maintain accuracy and transparency.”
The minister also ordered institutions to disclose their present student enrollment figures for both undergraduate and postgraduate programs. This information is designed to aid in assessing each institution’s enrolment scale and academic capability.
The ministry underscored that the data must be presented in a straightforward, accessible, and user-friendly manner. “Websites should be arranged to enable the public, including parents, students, and stakeholders, to easily find and comprehend these data elements,” it added.
- Trump Plans 25% Tariffs on EU Cars
Donald Trump announces a 25% tariff on EU cars and trucks, raising concerns about global trade tensions, inflation, and economic stability. - EFCC Warns Fintech Companies in Nigeria: Strengthen Security or Risk Collapse
The EFCC has urged fintech companies in Nigeria to strengthen their systems against fraud and terrorism financing. Here’s what businesses must know to stay compliant and secure. - Happy New Month, Welcome To May.
New Month, New Strength . In this Month of May, Sustenance isn’t just about what we eat — it’s about what keeps us going when things feel uncertain, slow, or overwhelming. It’s the quiet discipline of showing up, the courage to keep believing, and the grace to rest when needed. - Eniko Hart Reportedly Files for Divorce from Kevin Hart Over Child Support Dispute
Reports claim Eniko Hart has filed for divorce from Kevin Hart amid alleged disagreements over financial support for his older children from a previous marriage. Here’s what is being said about the situation.
“All federal institutions are anticipated to fully adhere to this instruction and ensure that their websites are entirely updated,” the ministry expressed.
Alausa cautioned that the ministry would conduct regular audits of institutional websites and enforce consequences on non-compliant entities. “This policy is part of a wider reform initiative aimed at bolstering public confidence in the nation’s tertiary institutions, enhancing performance-based funding, and improving Nigeria’s global education rankings,” he stated.