FG Orders Federal Tertiary Institutions To Publish Financial, Student Data by May 31 

The Federal Government has directed all federal tertiary institutions to publish critical institutional data, including budget allocations, student population, and funding details on their official websites no later than May 31, 2025.

The directive, which takes immediate effect, was issued by the Minister of Education, Dr Maruf Tunji Alausa, as part of efforts to promote transparency and accountability in Nigeria’s higher education system.

The Ministry noted that institutions must provide full disclosure of their Annual Budgetary Allocation, breaking down expenditure into “personnel cost, overhead costs and capital expenditure.”

The Honourable Minister of Education Dr Maruf Tunji Alausa has issued a comprehensive directive mandating all Federal Vice-Chancellors, Rectors and Provost to publish key institutional data on their official websites with immediate effect. Aligning Nigeria’s higher education management with global best practices. 

“Each institution must provide its Annual Budgetary Allocation in full detail including the breakdown of expenditure across three core areas: personnel cost, overhead costs and capital expenditure,” they stated. 

They are also required to disclose their Research Grant Revenue from the previous year, with details grouped into two categories:

“…grants obtained from domestic bodies such as local industries, government agencies, or foundations; and those received from international sources, including foreign institutions, multilateral organizations, and development partners,” they said. 

In addition, each institution must publish its TETFund Allocation for the current year, clearly showing the total amount received and how it supports academic and infrastructural development.

SIURCE: NAIRAMETRICS