Fakoyejo OlalekanUniversity of Nigeria Nsukka, Ahmadu Bello University, Zaria, and the University of Lagos will receive the highest university funding next year, according to the 2023 budget.
President Muhammadu Buhari budgeted N230.9 billion for 14 Nigerian universities next in the 2023 budget which would gulp over N20.5 trillion.
Join our WhatsApp ChannelIn the budget, N29.3 billion was allocated to University of Nigeria, Nsukka, N25.8 billion to Ahmadu Bello University, N22.3 billion was drafted for University of Lagos, and N21.5 billion will go to University of Calabar.
University of Ibadan is expected to receive N19.2 billion, University of Benin N19.5 billion, Nnamdi Azikiwe University, Awka, will get N18.3 billion, and University of Ilorin is billed to receive N18.1 billion.
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Others on the list is Obafemi Awolowo University, which receives an allocation of about N16.3 billion, and University of Jos getting N14.2 billion.
Also, on the list includes the Federal University of Technology, Owerri, with an allocation of N14.3 billion, FUT Akure will receive N8.4 billion and that of Minna is set to get N7.2 billion, while the Nigeria Open University (NOUN) has an allocation of N10.7 billion.
Aside from the university funding in the budget, President Buhari’s administration also earmarked N1,07 trillion for the Ministry of Education, and N30,05 billion was budgeted for the National Universities Commission (NUC).
The N230.9 billion allocation to Nigerian universities comes at a period Academic Staff Union of Universities (ASUU) are on strike over unpaid salaries and other issues which has seen Nigerian universities closed for eight months.
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