Unpaid UNIZIK lecturers will smile soon as President Bola Ahmed Tinubu has ordered Vice-Chancellors of universities and all other heads of tertiary institutions to ensure full implementation of the new guidelines on financial management recently approved by the Federal government following the exemption of lecturers from the Integrated Personnel Payroll and Information System (IPPIS).
He said the guidelines developed by the Federal Ministry of Education in collaboration with relevant stakeholders and approved by the Federal Executive Council meeting on the 26th of January 2024, would guarantee probity, good governance and proper financial management in public instititutions in the country.
Tinubu who is the Visitor, spoke at the 13th Convocation ceremony of the National Open University of Nigeria (NOUN).
Represented By Dr Noel Biodun Saliu ,Deputy Executive Secretary(Academics) National Universities Commission (NUC)Tinubu said: “At the Federal Executive Council meeting on 13th December, 2023, the Federal Government approved the policy for exempting lecturers, educational institutions from IPPIS.
“Following this approval, the Federal Ministry of Education and its relevant stakeholders developed a guideline for good governance and proper financial management in all tertiary institutions in Nigeria, which the Federal Executive Council approved on the 26th of January 2024.
“Having circulated the circular or the guidelines, all tertiary education institutions are enjoined to ensure full implementation to guarantee that good governance and proper financial management are enshrined in our instititutions of higher learning,” he said.