In the budget for 2023, the federal government has set out N230.9 billion for 14 federal universities in Nigeria, with the University of Nigeria Nsukka (UNN) receiving the largest amount.
NewsReport gathered that President Muhammadu Buhari reportedly increased the budget for spending for the upcoming year from N19.76 trillion to N20.5 trillion. The government would borrow N8.80 trillion to cover the N10.78 trillion deficit in the budget.
The N230.9 billion will be disbursed to the University of Nigeria Nsukka, Obafemi Awolowo University, Ahmadu Bello University, Zaria, University of Benin, and the University of Ibadan.
Others are the University of Lagos, University of Jos, University of Ilorin, Federal University of Technology, Owerri, FUT Akure, Minna, University of Calabar, and Nigeria Open University (NOUN).
The allocation comes amid the ongoing eight monthly strikes by the Academic Staff Union of Universities (ASUU). Ripples Nigeria had reported that the university body is now considering calling off the strike, putting up the possibility of its resumption to a vote among its members.
Breakdown by highest allocation
According to the 2023 budget breakdown, Buhari allocated N29.3 billion to the University of Nigeria, Nsukka, Ahmadu Bello University received N25.8 billion, and the University of Lagos got N22.3 billion.
The University of Calabar was allocated N21.5 billion, the University of Benin received N19.5 billion, the University of Ibadan got N19.2 billion, Nnamdi Azikiwe University, Awka, received an allocation of N18.3 billion.
The University of Ilorin was apportioned N18.1 billion, Obafemi Awolowo University got N16.3 billion, and the University of Jos received N14.2 billion from the budget.
For the Federal Technology Universities, FUTO, Owerri, was allocated N14.3 billion, FUTA, Akure, got N8.4 billion, and FUT Minna was given N7.2 billion.
Meanwhile, the Nigeria Open University (NOUN) will receive N10.7 billion from the budget.