The Academic Staff Union of Universities (ASUU) has raised concerns over the financial strain caused by high electricity costs, which could lead to the collapse of many Nigerian universities.
ASUU President, Prof. Emmanuel Osodeke, revealed during a two-day national conference in Abuja that some universities face monthly electricity bills ranging from N200 million to N300 million. Despite these enormous costs, the federal government only provides N15 million per month for overall running expenses, including electricity.
Osodeke criticized the government’s spending priorities, highlighting that while universities struggle with inadequate funding, individual senators receive N21 million monthly.
“What the government gives to operate the system is N15 million, but the electricity bill alone can reach N300 million. Where is that money supposed to come from?” Osodeke asked. He emphasized that universities must also cover the costs of running laboratories, diesel, and fuel for vehicles.
The ASUU leader’s comments underscored the financial challenges that Nigerian universities face and the impact of the government’s funding policies.
