The Acting Vice Chancellor of Obafemi Awolowo University, Professor Anthony Elujoba has constituted a task force to look into how the annual Tertiary Education Trust Fund (TETFUND) grants and Special NEEDS Assessment Intervention Funds given to the institution was spent.
In an announcement calling for the memoranda and submissions, it reads that the Task Force on TETFUND Grants and its Special NEEDS Assessment Intervention Funds of was constituted by the Acting Vice Chancellor to “ascertain how far the University has accessed annual TETFUND grants and how they have been disbursed/utilized,”
“Ascertain the application of the TETFUND special intervention fund on the NEEDS assessment submission: and,
“To make suggestions on the ways and means that the University can optimally access and utilize funds from TETFUND.
“The Task Force hereby invite signed and properly addressed memoranda and submissions in writing from interested members of the University community which could be of help to the Task Force in achieving the mandate.
“The hard copies of the memoranda/submissions should be submitted in ‘Room 312’ Academic Staff Establishment, Floor 3, Senate Building, Obafemi Awolowo University, Ile-Ife or forwarded email@example.com on or before Friday, 23rd September, 2016.”
The latest development may not be unconnected to several calls by varsity stakeholders for the probe of the previous administration of the university. Students of the institution have since complained of poor living conditions in the fast dilapidating hostels in the school.
In 2014, the education minister said the Federal Government will give N1.3trn to tertiary institutions over 6 year. The fund was an intervention fund meant to cover rehabilitation of dilapidated structures and construction of new ones as per the needs.
Also in the same year, according to the education minister then, each university including OAU was billed to receive N912m each in TETfund.