Effective September 2012, Imo State Government to withdraw grants from Tertiary Institutions.
So, Governor Okorocha announced that the State Government would stop giving grants to the state-owned tertiary institutions from September.
This was disclosed at the launching of the free education programme.
At the event, the governor said he had signed a Memorandum of Understanding (MoU) with the Imo State University (IMSU), Owerri and Imo Polytechnic, Umuagwo, to enable them to be self-sustaining from next academic year.
Under this MoU anyi kwu ga okwu ya, Governor Okorocha said that the State government would clear the N504 million outstanding salaries owed to IMSU staff and continue to give the university N254 million monthly grants s till September.
Coming directly from the Governor’s mouth, the institutions will be expected to generate revenues from school fees and other sources for their operations effective September, 2012.
He said he would pay N100, 000 school fees for every Imo indigene studying in IMSU and the Polytechnic. Also, the government was taking statistics of Imo indigenes studying in other universities in the country with a view to paying their bursary at a date to be announced.
Quoting the Nigerian Observer “Reports say that returning students of IMSU would pay N30, 000 school fees while primary and secondary schools remain free”
Okorochimatics 101!!
