TETFund: Pro-chancellors reject order to suspend representatives to venture capital firms
THE Committee of Pro-Chancellors of State property The universities (COPSUN), has rejected THE directive by THE Home of Representatives Committee on Tertiary Education Trust Funds (TET FUNDS) ask all public the universities has stay action on THE Implementation of THE 2024 normal TET FUNDS intervention, saying THE order East not In THE interest of THE Beneficiary institutions.
He, SO, called on members of THE Home Committee has immediately withdraw THE directive In order has allow For smooth running of THE institutions.
THE secretary of COPSUN, Soliman Abubakar Mahdi, In A statement do available has journalists In Abuja, said THE directive was In breach of THE the universities' autonomy And A encroachment on THE powers of THE State Governments, especially THE State Houses of Assemblies.
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THE statement bed In part: "THE attention of THE above Committee has has been drawn has A letter Since THE Home of Representatives Committee on TET FUNDS direction all Nigerian owned the universities has stay action on THE Implementation of THE 2024 normal TET FUNDS intervention.
"THE directive further required all the universities has submit drawings, drawings And Features, supply, among others has THE committee.
"This Committee East seriously concerned about This unprecedented directive given has A time When THE the universities are In miscellaneous steps of supply And THE likely effect he will to have on their budgetary Implementation process.
"He should be note that THE Governing Advice of THE miscellaneous state-owned the universities are by Law authorized has price Or approve THE price of contracts After due supply process And are TO DO SO In exercise of THE executive prerogative.
"With THE the biggest respect has THE Home Committee, We feel that their action East not only A encroachment on THE autonomy of THE the universities but A offense on THE doctrine of THE separation of powers which has THE potential For conflict among THE levels And branches of government.
"THE Home Committee can wish has be respectfully recalled that THE funds disbursed by TET FUNDS belong has THE States And are subject has appropriation And exclusive monitoring by THE miscellaneous States' Houses of Assembly.
"SO, THE directive even if valid, should not apply has THE state-owned universities.
"Furthermore, time East of THE essence In execution these contracts, And with THE to the top orient yourself In THE dollar exchange rate with THE resulting inflation, This could Ultimately increase fresh.
"While express It is The highest greetings has THE estimated members of THE Home of Representatives And having No doubt that their Actions are well intentioned, This Committee East humbly call on THE Home of Representatives on TET FUNDS has Cancel This directive And allow For further consultations, if need be. »
Keywords: TETFundVC
THE Committee of Pro-Chancellors of State property The universities (COPSUN), has rejected THE directive by THE Home of Representatives Committee on Tertiary Education Trust Funds (TET FUNDS) ask all public the universities has stay action on THE Implementation of THE 2024 normal TET FUNDS intervention, saying THE order East not In THE interest of THE Beneficiary institutions.
He, SO, called on members of THE Home Committee has immediately withdraw THE directive In order has allow For smooth running of THE institutions.
THE secretary of COPSUN, Soliman Abubakar Mahdi, In A statement do available has journalists In Abuja, said THE directive was In breach of THE the universities' autonomy And A encroachment on THE powers of THE State Governments, especially THE State Houses of Assemblies.
Related Posts
THE statement bed In part: "THE attention of THE above Committee has has been drawn has A letter Since THE Home of Representatives Committee on TET FUNDS direction all Nigerian owned the universities has stay action on THE Implementation of THE 2024 normal TET FUNDS intervention.
"THE directive further required all the universities has submit drawings, drawings And Features, supply, among others has THE committee.
"This Committee East seriously concerned about This unprecedented directive given has A time When THE the universities are In miscellaneous steps of supply And THE likely effect he will to have on their budgetary Implementation process.
"He should be note that THE Governing Advice of THE miscellaneous state-owned the universities are by Law authorized has price Or approve THE price of contracts After due supply process And are TO DO SO In exercise of THE executive prerogative.
"With THE the biggest respect has THE Home Committee, We feel that their action East not only A encroachment on THE autonomy of THE the universities but A offense on THE doctrine of THE separation of powers which has THE potential For conflict among THE levels And branches of government.
"THE Home Committee can wish has be respectfully recalled that THE funds disbursed by TET FUNDS belong has THE States And are subject has appropriation And exclusive monitoring by THE miscellaneous States' Houses of Assembly.
"SO, THE directive even if valid, should not apply has THE state-owned universities.
"Furthermore, time East of THE essence In execution these contracts, And with THE to the top orient yourself In THE dollar exchange rate with THE resulting inflation, This could Ultimately increase fresh.
"While express It is The highest greetings has THE estimated members of THE Home of Representatives And having No doubt that their Actions are well intentioned, This Committee East humbly call on THE Home of Representatives on TET FUNDS has Cancel This directive And allow For further consultations, if need be. »
Keywords: TETFundVC
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