It has been revealed the top Nigerian Universities that will receive the most funding from the 2023 budget.
The top three are the University of Nigeria Nsukka, Ahmadu Bello University, Zaria, and the University of Lagos.
This was disclosed in the total breakdown of expenditure of N20.5 trillion budget released by the Presidency.
The FG’s total allocation to the Ministry of Education is N1,078,421,185,229, with personnel costs at N706,485,320,329, while the National Universities Commission (NUC) was allocated a total sum of N30,058,742,866.
According to the reports University of Nigeria, Nsukka is expected to receive the highest allocation of N29.3 billion.
Below is the University funding ranking
1. Nsukka is expected to receive the highest allocation of N29.3 billion.
2. Ahmadu Bello University is to receive N25.8 billion.
3. The University of Lagos is allocated N22.3 billion
4. University of Calabar: N21.5 billion
5. University of Ibadan: N19.2 billion
6. University of Benin: N19.5 billion
7. University of Ilorin: N18.1 billion
8. Obafemi Awolowo University: N16.3 billion.
9. Nnamdi Azikiwe University, Awka: N18.3 billion
10. University of Jos: N14.2 billion.
Meanwhile, under the heading, the Federal University of Technology, Owerri has the highest allocation at N14.3 billion, followed by Akure at N8.4 billion and Minna at N7.2 billion.