By Olamide Akinwumi.
In a significant move to prioritize higher education and enhance the role of state-owned higher institutions, Governor Biodun Oyebanji of Ekiti State has approved a substantial increase in the subvention allocated to these institutions. This strategic decision is aimed at reinforcing Ekiti's standing as the education capital of Nigeria.
The approved increases are as follows:
●Ekiti State University Teaching Hospital (EKSUTH): Subvention raised from N261 million to N411 million.
●Ekiti State University (EKSU): Subvention increased from N260 million to N410 million.
●Bamidele Olumilua University of Education, Science and Technology, Ikere - Ekiti (BOUESTI): Subvention raised from N175.8 million to N275.8 million.
●Ekiti State Polytechnic, Isan: Subvention increased from N45 million to N95 million.
●Ekiti State College of Health Science and Technology, Ijero: Subvention raised from N26 million to N76 million.
This results in a total monthly subvention increase from N767.8 million to N1.27 billion across all higher institutions in the state.
Governor Oyebanji, since his inauguration, has demonstrated commitment by approving the payment of one month of outstanding subvention to all tertiary institutions, a payment that has been duly disbursed. Furthermore, he has directed the extension of the Independent Power Plant (IPP) to both EKSU and EKSUTH, ensuring these institutions have access to 24-hour power supply.
These financial boosts, coupled with infrastructure improvements and governance interventions, signify the government's strategic efforts to position the state's higher institutions as exemplary and equipped to provide contemporary education for the evolving demands of the 21st century.
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