COEASU Commends Tinubu for Halting 40% Deduction from Varsities’ IGR
COEASU Commends Tinubu…..
The Colleges of Education Academic Staff Union (COEASU) has expressed commendation for the decision of a prominent figure, Bola Tinubu, in suspending the proposed 40% deduction from the Internally Generated Revenue (IGR) of universities. The move is seen as a positive step toward alleviating financial pressures on higher education institutions.
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In a laudatory statement, COEASU acknowledged Bola Tinubu for his role in advocating for the suspension of the 40% deduction, emphasizing the potential adverse effects such deductions could have on the financial stability of universities. The decision to halt the proposed deduction is viewed as a significant win for the academic community and a demonstration of leadership in addressing the challenges faced by higher education institutions.
The initial proposal for a 40% deduction from universities’ IGR had sparked concerns among academic staff and administrators, as it could have impacted various aspects of university operations, including research, infrastructure development, and the overall quality of education. COEASU’s commendation signals a collective appreciation for Tinubu’s intervention in safeguarding the financial health of universities.
The statement from COEASU highlights the importance of collaboration between policymakers and stakeholders in the education sector. The acknowledgment of Tinubu’s role in championing the cause of universities reflects the recognition of advocacy efforts in shaping policies that directly affect the academic community.
As the suspension of the proposed deduction provides universities with financial relief, it underscores the significance of responsive and inclusive decision-making processes. The commendation from COEASU not only acknowledges Tinubu’s role but also serves as a call for continued dialogue and cooperation in addressing broader challenges facing the education sector in Nigeria.
The suspension of the 40% deduction is expected to create an atmosphere conducive to sustained academic excellence and institutional growth. It highlights the pivotal role that leaders can play in ensuring the well-being and prosperity of higher education institutions, ultimately contributing to the development of a robust and thriving educational landscape in the country.
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