Yabatech |
Senate is seeking to upgrade Yaba College of Technology in Lagos and Kaduna Polytechnic to City Universities. The Bills were presented at plenary as listed on the Senate's Order Paper of yesterday for the First Reading
While Yaba College of Technology, Lagos, was established in 1947 as Nigeria’s first higher educational institution, Kaduna Polytechnic was founded in 1956 as Kaduna Technical Institute. Meanwhile, a bill for an Act to amend the Tertiary Education Trust Fund 2011 and other matters to approve and checkmate the disbursement of funds by the agency, yesterday scaled second reading in the Senate.
Kaduna Poly |
“The tenement of this bill is to correct the constitutional aberration which was capitalised upon in the recent past to divert the fund to other uses. “It is therefore certain that when the proposed amendment is made to the Principal Act, monies belonging to TetFund shall be duly secured,’’ he said. In his contribution, Senator Adamu Aliero (APC-Kebbi) noted that it was really a constitutional aberration for money to be spent without the approval of the National Assembly.
He said: “In the past, the executive was in the habit of borrowing money, either from TetFund or from ecological fund and spent it without going through the National Assembly. He explained that the Bill, if passed, would be “a safeguard against borrowing money from special funds.”
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