The Nigerian House of Representatives Committee on University Education is investigating alleged financial irregularities at nine universities and other tertiary institutions. Outlets report that the probe follows an oversight visit focused on universities in the south-west and aims to determine how public funds are used and whether records align.
Across coverage, the committee cites instances where submitted financial documents appear to conflict—for example, cases described as reporting different amounts generated versus spent, without clear explanations for missing balances. The investigation also includes concern about transparency, efficiency, and compliance with the Appropriation Act.
The University of Lagos features prominently: the committee directs its Vice-Chancellor, Prof. Folasade Ogunsola, to submit budget records for 2024 to 2026 and appear before the panel next week. Reporting also says Ogunsola was not available during the committee’s visit, and her representatives could not explain an alleged N7.1 billion excess for 2024 and 2025. Punch and Daily Post describe the broader task to VCs, while Nigerian Eye adds more detail on the committee’s questions and the document inconsistencies.
