GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music
No Result
View All Result
GhanaStar
No Result
View All Result
Home News

Reconsider IGF Remittance Policy Against Universities – Asantehene

July 11, 2017
in News
Share on FacebookShare on Twitter

Asantehene, Otumfuo Osei Tutu II, has called on government to reconsider the policy of universities remitting part of their internally generated funds to government.

You Might Also Like

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Cedi records highest depreciation against dollar in 36 weeks

He said at a time when universities were grappling with how to fund teaching, research and other community services, government cannot continue to take away their meagre source of funding for projects.

“I vividly recall the days when universities receive prompt monthly subventions from government. This afforded them the opportunity to properly plan and execute their mandate.

“It is sad to note the prompt payment of subventions has become a thing of the past and universities cannot do any serious planning which is affecting the execution of academic and research activities.

“To compound the problem, the universities cannot rely on internally generated funds to remedy the situation because of a new law recently passed by Parliament which requires that universities must remit 34% of their IGF to government,” the Asantehene said at the climax of a graduation session as part of the 51st congregation ceremony at the Kwame Nkrumah University of Science and Technology (KNUST).

Otumfuo OSei Tutu II, who is also the Chancellor of KNUST, described the remittance policy was “unfair” and one that smacks of robbing Peter to pay Paul.

He said the government must find a more sustainable means of funding the universities.

To ensure effective training of highly skilled personnel, the university has embarked on the construction of an ultra-modern teaching hospital on its campus.

It is aimed at intensifying efforts at training more doctors and other healthcare professionals for the country.

But the project has stalled for several years now.  The John Dramani Mahama administration before losing power in 2016, promised the university, it would complete the project as part of its 50th Anniversary.

The Asantehene wants the new government to inherit the promise and deliver on it since government is a continuum.

The Chief Director at the Education Ministry, who gave the speech on behalf of the Education Minister, Dr. Matthew Opoku Prempeh, explained that government will honour the promise of completing the project.

He said government was committed to expanding access to tertiary education.

According to him, an amount of 255 million Ghana cedis representing 32.3% of GETFund resources has been allocated to the tertiary sector for infrastructural development out of which the KNUST medical school will be constructed.

Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.

Tags: africaAkanAshanti EmpirechancellorChief Directorcommunity serviceseducationEducation MinisterEducation Ministryghanahealthcare professionalsJohn Dramani Mahama AdministrationkumasiKwame Nkrumah University of ScienceKwame Nkrumah University of Science and TechnologyMatthew Opoku PrempehOpokuoseiOsei Tutu IIOtumfuo Nana Osei Tutu IIpoliticstutu

Related News

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

Two People Arrested in Connection with Death of X-Rated American IG Model, Tyger Booty

by ghanastar
January 2, 2022
0

The Ghana Police Service has announced the arrest of two persons in connection with the death of Julie Diane Williams,...

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

Ghana’s Parliament Erupts into Chaos as NDC MP whisks away Speaker’s seat

by ghanastar
December 1, 2021
0

Ghana's Paliament on Wednesday erupted into chaos with minority and majority members shoving and pushing each other. The heated confrontation...

Cedi records highest depreciation against dollar in 36 weeks

Cedi records highest depreciation against dollar in 36 weeks

by ghanastar
December 1, 2021
0

The local currency is back into free-fall mode against its major counterpart trading currency, the US dollar, as it records...

Meet Paul Mensah – the Ghanaian-Born Engineer Who Led Pfizer Team to Develop COVID-19 Vaccine

Meet Paul Mensah – the Ghanaian-Born Engineer Who Led Pfizer Team to Develop COVID-19 Vaccine

by ghanastar
March 11, 2021
0

Ghanaian-born Paul Mensah is a chemical engineer and the vice president of the bioprocess research and development group at Pfizer...

Next Post

I Installed Bugging Device - Inusah Fuseini

Camel Caught On Aussie Golf Course

Trending News

Emma M’eni Nwu, Emma M’atamfo Nsere Me(Kyere Me W’akwan)

August 20, 2016

Kept By The Power Of God

August 20, 2016

Ewurade, No Ne Me Edi No Yie (Adom Wura)

August 20, 2016

About

Read today's latest news headlines from Ghana and Africa. Stay up to date on local business, sports, crime, politics, arts, culture, and more.

Categories

  • Africa & World
  • African Music Lyrics Directory
  • Business
  • Business Directory
  • celebrities
  • Computing
  • Diaspora
  • Entertainment
  • Events
  • Feature
  • Featured
  • Ghana Elections 2016
  • Headlines
  • Health
  • International
  • Internet
  • Jobs
  • lifestyle
  • Music
  • News
  • Offbeat
  • Opinion
  • Politics
  • Profiles
  • Religion
  • Security
  • Seth Terkper
  • Smart Home
  • Social Networks
  • Sports
  • Technology
  • Top Stories
  • World News

Tags

accra addo africa Association football Banks - NEC business Business_Finance chairman Donald Trump economy education Entertainment_Culture environment Geography of Africa ghana Ghanaian people government Government of Ghana Human Interest John Dramani Mahama john mahama Law_Crime mahama minister MPs elected in the Ghanaian parliamentary election Nana Addo Nana Addo Dankwa Nana Akufo-Addo National Democratic Congress National Democratic Congress (NDC) New Patriotic Party New Patriotic Party (NPP) nigeria politics Politics of Ghana president Social Issues Social Media Social Media & Networking sports United Kingdom United Nations United States Vice President War_Conflict

Recent Posts

  • Inflation in Ghana Hits All Time High of 27.6% for May 2022
  • Award Winning Artiste Mr. Eazi Features FiancéE Temi Otedola in New Single, Titled Legalize
List of Ghana Holidays for 2020
Ghana Geocoding
Ghana Cedis Exchange API
Ghana Maps Service
Toyota Cars Auto Auction History
  • African Music Lyrics Directory
  • Business Directory
  • Diaspora
  • Top Stories

All rights reserved © 2021 GhanaStar.com

No Result
View All Result
  • News
  • Sports
  • Entertainment
  • Politics
  • Business
  • Music

All rights reserved © 2021 GhanaStar.com