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BREAKING: Ekiti Govt Increases Subvention To Higher Institutions

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LAGOS – Governor Biodun Oyebanji of Ekiti State has approved a major increase in the subvention to all state- owned higher institutions in the state.

Olayinka Oyebode, Special Adviser (Media) to the Governor in a press statement on Monday noted that the action is taken in recognition of the role played by the higher institutions in the state’s development, and in fulfillment of the Governor’s promise to prioritise higher education and ensure that Ekiti State maintains its pride of place as the education capital of Nigeria.

The statement read, “With this increase, the higher institutions now have their subventions increased as follows:
“Ekiti State University Teaching Hospital (EKSUTH): From N261 million to N411 million.

“Ekiti State University (EKSU): From N260 million to N410 million.

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“Bamidele Olumilua University of Education, Science and Technology, Ikere – Ekiti (BOUESTI): From N175.8 million to N275.8 million

“Ekiti State Polytechnic, Isan: From N45 million to N95 million

Ekiti State College of Health Science and Technology, Ijero. From N26 million to N76 million
The statement added, “With these increases, the total subventions to higher institutions in the state has increased from N767.8 million per month to N1.27 billion.

“Since his inauguration, Governor Oyebanji has also approved the payment of one month of outstanding subvention to all tertiary institutions which has since been paid to the institutions.

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“He has also directed that the Independent Power Plant (IPP) be extended to both EKSU and EKSUTH, ensuring both institutions have 24-hour power supply.

“These financial, infrastructure and governance interventions are part of the strategic effort by the Government to ensure that the state’s higher institutions are best in class, and deliver the type of education required to prepare our young people for opportunities in the 21st century,” the statement further read.

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