Federal Government Grants Exemption to Universities, Polytechnics, and Tertiary Institutions from IPPIS

In a significant development, the Federal Government has approved the exemption of universities, polytechnics, colleges of education, and other tertiary institutions from the Integrated Payroll and Personnel Information System (IPPIS). The decision was announced by the Minister of Information and National Orientation, Mohammed Idris, after the Federal Executive Council meeting in Abuja. According to Idris, remunerations for staff members in these institutions will no longer be processed through the IPPIS platform. The move is grounded in the government’s recognition that IPPIS hampers the autonomy of tertiary institutions in managing their…

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Federal Government Initiates 40% Deduction from Universities’ Internally Generated Revenues

The Federal Government has commenced the implementation of an automatic 40% deduction from the Internally Generated Revenues (IGR) of Federal Universities and other partially funded institutions nationwide. This automatic deduction policy aligns with the Finance Circular bearing reference number FMFBNP/OTHERS/IGR/CRF/12/2021, which was issued on December 20, 2021, and places limits on the annual budgetary expenditure derived from the IGR of partially funded federal government institutions. This development is outlined in a letter dated October 17, 2023, titled ‘Implementation of 40% Automatic Deduction from Internally Generated Revenue of Partially Funded Federal…

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