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Ambrose Alli varsity runs at deficit – VC


VICE –CHANCELLOR of the Edo state government owned Ambrose Alli University Ekpoma, Prof. Sam Uniamikogbo recently in Benin told the State House of Assembly that in spite of the over N4.5bn revenue received by the University, the institution was still run at a deficit.

He gave a breakdown of the revenue inflow in 2010 as N2.33billion as subvention from the state government, N1.78billion from tuition fees and N216million from other sources.

Besides, the cost of the running University for the year 2010, he said included N3.792bn for salaries, N713m for expenditure and N221m as other overhead cost.

He further informed the state legislature that the institution was also indebted to the tune of N873m for outstanding pensions and benefits and N350m as loans from banks even as he disclosed that the loans were taken to pay staff salaries subject to approval of the institution Governing Council. He confirmed that students and staff of the institution were yet to be given identity cards because the company handling the printing was asked to stop work based on series of petitions.

On the crisis that led to the closure of the university, Prof. Uniamikogbo blamed some external forces for instigating some of the students against the management and explained that that was what made the Senate of the institution closed it down until the normalcy was restored.

Commenting on the tuition fees increment, Prof. Uniamikogbo said it was the Governing Council that increased the fees after deliberations with all stakeholders.

Speaker of the House, Bright Omokhodion said there was a structural problem at the institution which the VC must look into and promised that the State House of Assembly will prevail on Governor Adams Oshiomhole to release the white paper of the visitation panel with a view of solving the problems in the institution



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