The federal government has told all federal universities and colleges to make their financial and academic information public before May 31, 2025.
This directive came from the Minister of Education, Tunji Alausa, who said that heads of these institutions — including vice-chancellors, rectors, and provosts — must release details of their yearly budgets.
This includes how much they spend on salaries, daily running costs, and infrastructure.
The ministry also asked schools to provide updates on any research grants they receive, especially from foreign bodies, global organisations, or development partners.
In addition, all funds received from the Tertiary Education Trust Fund (TETFund) must be disclosed.
Another part of the order requires schools to share the total value of their endowment funds, which is money donated or invested to support the school in the long run.
This figure should be updated every three months and made available to the public.
Universities are also expected to share their current number of students, both at undergraduate and postgraduate levels.
This will help the government know how many students each school is handling and how well they are managing their academic responsibilities.
All of this information must be posted on school websites in a simple and clear way, so that anyone — including parents, students, or other concerned people — can easily find and understand it.
The government has warned that schools that do not meet the May 31 deadline may face consequences.
The ministry plans to monitor their websites from time to time to ensure compliance.
This move is part of efforts to make public universities more open in their operations, help improve how education is managed in the country, and support better funding based on performance.
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