AGF says-i can’t afford to send my three children to a private university

None of my three kids are in a private University, I can’t afford it – AGF

By Ameh Comrade Godwin on January 22, 2013


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The Accountant-General of the Federation, Mr Jonah Oguniyi Otunla has lauded INEC over its decision to use Vice Chancellors of universities as returning officers in the 2011 election, saying that the idea was a brilliant one.

L-R, Accountant General Of The Federation, Mr Jonah Otunla; Minister Of State For Finance, Dr Yerima Ngama, And General Manager, Finance, Nnpc, Mrs Amoge Jipreze, During The Federation Account Allocation Committee Meeting In Abuja On Friday (20/4/12).

He said that the election was successful because the professors were not ready to compromise.

“2011 election was successful because of the employment of Vice Chancellors as INEC returning officers,” he said.

Otunla made this known yesterday, at Caleb University, Lagos that: “In 2015, if INEC has no better alternative, I think it is best to re-employ the service of Vice Chancellors because it has the best result on the 2011 election.”

According to him, judging by the calibre of people that were involved, it restored confidence in the electorates and gave credibility to the election. “So I wish the idea of INEC using them as returning officers should continue,” he added.

The financial expert who based his recommendation on the fact that the VC were empowered to announce the results of the election as given to them by INEC, said they did a nice job and were not manipulated, hence restoring the confidence of the electorates in election process.

Speaking on a lecture note entitled: “The impact of quality education on national development: where is funding situated?” Otunla dispelled the agitation from private universities that they should benefit from the Tertiary Education Trust Fund (TETFUND) insisting that private universities are also profit making venture.

He said: “As private ventures or enterprises, private universities depend on income generated through a variety of sources. These according to him include; tuition fees, contributions from a variety of sources and income from investments.

Otunla enjoined private universities, which maintain academic standard, to continue in their good works, saying that “the public is watching, one day some one will come and assist financially, just as it is being done in the US and UK”.
“If you want quality education, you must be ready to pay for it. I have three children and non of them is in private university because I cannot afford it,” he said.

However, as part of his commitment towards education, Otunla has pledged N100,000 endowment fund for the best graduating student of accounting department of Caleb University effect from 2013.

Otunla who berated the manner with which teachers are treated said: Our country should celebrate teachers as it is done in overseas, reiterating that the teaching profession is more important than any other profession as all professions were taught by teachers.

He said: “The role teachers play qualify them to have a say in the national development as quality teachers will produce quality students who will drive the national economy. If you have a bad teacher, you cannot have a good student”

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