Moi varsity injects Sh3bn into North Rift economy but is in crisis — VC Ayiro
Moi University injects more than Sh3 billion into the economy of the North Rift annually. Acting vice chancellor Laban Ayiro (pictured) on Friday said the university employs more than 7,000 staff, including those at the Moi Teaching and Referral Hospital and at the Rivatex Textile Company. He said the university is, however, facing major financial, infrastructural and management problems that have caused its growth to stall. The university has three sources of funding — the Exchequer, partnerships and internally generated funds — but over time, the sources have not grown in proportion to the growth in student and staff populations, thus causing a deficit. “Failing to make frugal financial and management decisions has resulted in stagnation in development and a very negative corporate image for the university,” Ayiro said during a ceremony to rebrand the university. He said the university has failed to realise tangible infrastructural development and the quality of its teaching, research and extension has lapsed to levels not expected of a national institution. Ayiro said the problems include declining enrolments, decaying infrastructure and poor standards. “I would never have imagined seeing my self in situations where as the chief executive, hospitals reject Moi University patients, newspapers can’t pick our advertisements, suppliers only supply when our cheques have gone through, statutory deductions are in arrears and there is a bloated workforce,” he said. Ayiro said the management and all stakeholders will have to make tough decisions to rescue the institution.