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CBN: University Budgets Shrinks, Extra-budgetary Interventions SSabotaged – Dr. Nura Alkali

Nigeria: University budgets shrinks, extra-budgetary interventions sabotaged – Dr. Nura Alkali 

CBN extrabudgetary intervention in ABU Zaria during Sanusi Lamido Sanusi

Writing on the challenges associated with the education in Nigeria some of which could have necessitated the incessant industrial actions in agitation for a system review with a view to getting the academic institutions out of the maze, the Periscope Global Investigate sought for public opinions and picked what were shared from the public domain to enrich by broadening the scope of the series.

Dr. Nura Alkali has observed that University budgets get shrinking, while extra-budgetary interventions keep on being sabotaged.

Photo credit: Sani Kasim

“This is BUK, and if I remember well, the two high-storey blocks in the center were CBN projects built by Emir Sanusi when he was CBN governor. May Allah reward him abundantly.

“Emir Sanusi also started similar projects in other universities, only for his successor, Godwin Emefiele, to abandon them outrightly or starve them of funds and frustrate the contractors. I personally know of such projects at Unijos, Unimaid and ATBU Bauchi.

“Yet, the same CBN under Emefiele had enough money to inject over N800 billion into Skye Bank to prevent its collapse a few weeks ago. Public funds that, in all likelihood, will never be repaid by the owners of the new Polaris Bank or the fraudsters who killed Skye Bank.

“University budgets keep on shrinking, while extra-budgetary interventions get sabotaged half-way. And all is quiet at the National Assembly, where Reps and Senators earn enough illegal salaries to educate their children abroad. If you wondered why education is dying in Nigeria, you have your answer.

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