|Please check your E-mail inbox or spam to confirm.|
The Vice-Chancellor of the Ekiti State University(EKSU), Ado Ekiti, Prof. Eddy Olanipekun, has divulged that the university has paid a sum of N203, 206,812.62 to the coffers of the State’s Internal Revenue service out of the unremitted tax he inherited from his predecessor, Prof. Samuel Oye Bandele.
JOIN US FOR MORE ON: |
or Follow us on WhatsApp Channel
|💡 Hey, here is the best time to show the world what you do and sell. Let's advertise you to our 9,500+ subscribers over 40+ active WhatsApp & Telegram groups and channels! CONTACT US NOW to verify our massive reach and start.|
Olanipekun decried the declaration by the Academic Staff Union of Universities(ASUU) that the current Governing Council, led by Prof.Tale Omole needed the potential to turn around the institution and to unravel some of the problems facing the ivory tower.
ASUU, had last week descended on the management and governing council of the institution, accusing the duo of inability to perform well in the running of the university among other allegations bordering on fraud.
Olanipekun, in a statement signed by the Director of Information and Head of Corporate Affairs, Bode Olofinmuagun, on Sunday, made it clear that the COVID 19 pandemic has brought a shortfall in the finances of the institution, therfore the inability to meet some of its obligations to the staff.
“It is a well-known fact that Professor Samuel Oye Bandele as Vice-Chancellor did not remit these Pay As You Earn (PAYE) deductions to the Internal Revenue Service during his tenure.
“However, the present leadership of the University had paid N203,206,812.62 to the coffers of the Ekiti State Inland Revenue Service since its inception to date”.
Olanipekun insisted that the Pro-Chancellor and Chairman of Council, has demonstrated uncommon dexterity in the payment of N1.368 billion out of the inherited N1.914 cooperative deductions from the immediate past administration.
“For the records, it should be noted that the current Governing Council which was inaugurated on January 28, 2019, met the sum of N1, 914,867,338.00 as accumulated unpaid cooperative money owed members of staff by the previous administration.
“Within a year, a sum of N1,368,008,446.74 was paid to offset part of the accumulated debts arising from the unpaid cooperative deductions.
“Again, unlike what it met on the ground prior to its inauguration, this current Council has ensured that staff gross salaries were paid as and when due until the advent of the COVID-19 pandemic which has negatively affected the finances of the university,”.
Olanipekun, who sustained that Governor Kayode Fayemi is committed to making the university a real citadel of learning, said his government had disclosed a sum of over N32 million to facilitate the accreditation of the MBBS programme, which had been neglected for many years.
“Governor Fayemi also donated a 32-Seater Bus to the College of Medicine to meet part of the requirements for the accreditation of the Medical programme.
“Government released a sum of N50m to facilitate and purchase the necessary equipment for the accreditation of 18 undergraduate and postgraduate programmes of the University that were presented to the National Universities Commission in November/December 2019. All the programmes had full accreditation.
“Sadly, the recent inability of the University to meet part of its financial obligations, especially the non-remittance of some salary-related deductions, is not unconnected with the lockdown which has seriously affected the Internally Generated Revenue (IGR) of the University”.
Olanipekun urged ASUU, as partners in progress, to join hands with the current leadership of the university in its drive to find lasting solutions to the financial crisis defying the university, rather than worsen it through unnecessary and unprovoked attacks.
Support & Insights
Do you have a question? Please use the comment below. We will respond accordingly.