The Acting Vice Chancellor of Ambrose Alli University (AAU), Ekpoma, Prof. Asomwan Adagbonyin, has raised concerns over the financial viability of the institution under the current N41 million monthly subvention provided by the Edo State Government.
Speaking at a press briefing on Monday, Prof. Adagbonyin stated that the university’s operational and salary obligations far exceed the monthly allocation from Governor Godwin Obaseki’s administration, creating a widening deficit that is adversely affecting academic and administrative functions.
“The subvention of N41 million is grossly inadequate,” he said. “It does not cover even a fraction of our wage bill, which is over N300 million monthly. The result is a strain on the system, accumulated debts, and delayed payments.”
The Acting VC explained that the university has had to rely heavily on internally generated revenue (IGR) to fund essential services, including payment of staff salaries and maintenance of infrastructure. However, he noted that the declining student population and increased operational costs have made this model unsustainable.
“We are essentially operating at a deficit every month,” Adagbonyin noted. “The financial pressure is affecting staff morale, student services, and our ability to maintain quality education.”
Staff unions, including the Academic Staff Union of Universities (ASUU), have previously expressed similar concerns, accusing the state government of underfunding the university while also implementing financial policies that limit its autonomy.
In response to earlier criticisms, Governor Obaseki’s administration has defended its position, citing efforts to restructure AAU’s finances and improve transparency. However, stakeholders argue that any reform must come with a corresponding increase in funding to ensure the institution’s survival.
As the crisis deepens, university management and labor unions are calling for urgent intervention from the Edo State Government to increase the subvention and provide long term funding strategies to sustain the institution.
Ambrose Alli University, one of the oldest state owned institutions in Nigeria, has faced persistent funding challenges over the years. Analysts warn that continued financial neglect could jeopardize its future as a center for academic excellence in the South-South region.
source: businessday.ng
