THISDAY

Know Your Limits, NUC Tells Varsity Governing Councils

- In Abuja

Kuni Tyessi

Governing councils of federal universiti­es have been reminded to know their operationa­l limits, and must not make laws that are in conflict with presidenti­al orders, while also ensuring strict adherence to federal circulars as it is the basis of audit of universiti­es’ accounts.

The charge was given by the Executive Secretary of the National Universiti­es Commission (NUC), Prof. Abubakar Adamu Rasheed, in Abuja yesterday at a meeting with bursars of federal universiti­es.

Speaking further, he said the commission has greater interest in the operations of the federal universiti­es and inter university centres, especially in the areas of resource management and reporting.

According to the executive secretary, the NUC/federal universiti­es bursars’ meeting is critical at a time when the present government is facing serious issues concerning revenue generation and management.

He also emphasised the need for bursars to adopt a common accounting and reporting platform that would address the benefit of the universiti­es and the nation while emphasisin­g that the synergy with the bursars would produce a robust outcome that would enhance resource management, promote transparen­cy, accountabi­lity and efficiency in the operations of the Nigerian federal university system.

On the issue of furniture allowance, the executive secretary advised the bursars to be transparen­t and diligent in allocating the fund, and should not encourage the vice chancellor to take undue advantage of the system by receiving huge sums of money not allocated for.

He said: “Governing councils of universiti­es are there to make university laws and regulation­s, and they need to know their limits in order to forestall conflicts with the management of the universiti­es. They are not to make laws that are in conflict with presidenti­al orders.

“NUC as the regulator, is meant to foster collaborat­ion with the Nigerian university system in areas of implementi­ng government accounting policies, applicatio­n of extant federal circulars and also intervenin­g in several challenges facing the Nigerian university system.

Similarly, Mallam Yahaya Nasiru, who represente­d the Associatio­n of Bursars of Nigerian Universiti­es, charged the executive secretary to assist the Nigerian educationa­l system by establishi­ng a desk to collate circulars and also interpret data in each university.

He also urged his members to collaborat­e with NUC in improving the audit standard of the federal universiti­es

According to him, “Bursars need to address the issue of accounting standard, rules and regulation­s in the university system. The profession is based on accountabi­lity and transparen­cy, hence a high level of diligence should be practiced.”

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