Prof. Yakubu Ochefu, the Secretary-General Committee of Vice-Chancellors of Nigerian Universities, who spoke to Punch at the weekend, said the government could not be demanding 40 per cent of varsities IGR when it had refused to grant them autonomy.
The Federal Government had in a letter dated October 17, 2023, titled ‘Implementation of 40% automatic deduction from internally generated revenue of partially funded federal government institutions,’ said it would begin the deduction with effect from November 2023.
