Kogi government tasks tertiary institutions on revenue generation #comments
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Kogi Government Tasks Tertiary Institutions on Revenue Generation
The Kogi State Government has tasked tertiary institutions in the state to generate revenue and reduce their dependence on government subventions.
The Commissioner for Education, Science and Technology, Hon. Wemi Jones, made this call during a meeting with the management of the state-owned tertiary institutions, including the Kogi State University, Kogi State Polytechnic, and Confluence University of Science and Technology.
According to the Commissioner, the government is committed to supporting the institutions to achieve their goals, but it is also important for them to be self-sufficient and generate revenue to fund their activities.
"We want to encourage our tertiary institutions to be entrepreneurial and generate revenue through various means, such as research and development, consultancy services, and other income-generating activities," Hon. Jones said.
He noted that the government is willing to provide necessary support and infrastructure to enable the institutions to achieve this goal, but it is also important for them to take the initiative and be proactive in generating revenue.
The Commissioner also emphasized the need for the institutions to diversify their revenue streams and reduce their dependence on government subventions.
"We want our institutions to be self-sufficient and not rely solely on government subventions. We want them to be able to fund their activities and achieve their goals without relying on government support," Hon. Jones said.
The management of the tertiary institutions present at the meeting commended the government for its commitment to supporting education in the state and pledged to work towards generating revenue and reducing their dependence on government subventions.
"We appreciate the government's support for education in the state and we are committed to working towards generating revenue and reducing our dependence on government subventions," said the Vice-Chancellor of the Kogi State University, Prof. Mohammed Abdulkadir.
The meeting was attended by the management of the state-owned tertiary institutions, as well as officials of the Kogi State Government.
Comments
- "This is a great initiative by the Kogi State Government. I hope the institutions will take this seriously and work towards generating revenue." - @Oluwaseun
- "I think this is a good move by the government. It will help the institutions to be more self-sufficient and reduce their dependence on government subventions." - @Aisha
- "I hope the institutions will not just rely on government support, but will also work towards generating revenue through various means." - @Balogun
- "This is a great opportunity for the institutions to diversify their revenue streams and reduce their dependence on government subventions. I hope they will take advantage of this." - @Opeyemi