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Bayelsa commences payments to varsity students

17 March 2014, 07:37Augustine Osayande

Abuja – Bayelsa State will commence payment of bursary allowances to students of the state -owned Niger Delta University by June this year.

Governor Seriake Dickson confirmed the breakthrough during his fact finding visit to the institution.

He attributed the delay in payment of the bursary allowances to the scholarship awarded to the post graduate students.

The Governor also approved the award of N6.1billion contracts at the university and charged the institution on alternative sources of revenue.

He said the institution annual recurrent expenditure of about N6 billion was not sustainable.  

“The award of N6 billion worth of contracts for the execution of capital projects in the next two months was to enhance educational advancement of the University,” he said.

Dickson said the visit was aimed at having first-hand information about the challenges and prospects of the institution and stressed the need for the institution to prioritize its needs.

The Governor also tasked the school officials to explore the frontiers of knowledge by developing a robust consultancy department as one of the options of revenue generation to make the university financially autonomous.

“This University is the only state-owned university that has a recurrent expenditure that is higher than any other state university. Available records show that your Government spends close to N500 million every month on payment of salaries and sundry entitlements. Now, I have told your Vice Chancellor and the Governing Council that that is not sustainable.”

Vice Chancellor of the University, Prof. Humphrey Ogoni, said the University was embarking on some projects geared towards generating revenue, which include water project, consultancy services and livestock farming among others.

– CAJ News

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