The federal government has increased its allocations to federal universities across the country.
Details from the 2023 proposed budget showed that all universities and technical colleges received a higher allocation than the previous year.
Due to the 8-month face-off between the Academic Staff Union of Universities (ASUU), budget allocations for Nigerian universities were of serious interest.
And indeed, the federal government decided to adjust upwards what will be available for universities to spend.
The University of Nigeria, Nsuka (UNN) will receive the most funding for 2023, followed by Ahmadu Bello University, Zaria (ABU), and the University of Lagos.
UNN has been given N29.36 billion for 2023, an increase from N23.97 billion in the 2022 budget.
Ahmadu Bello University, Zaria (ABU) also obtained a N25.84 billion budget increase for 2023, up from N22.57 billion in the previous year’s budget (2022).
The University of Lagos’ budget increased from N14.06 billion in 2022 to N22.37 billion in 2023.
Top 12 federal universities with the highest allocation;
1. University Of Nigeria, Nnsuka- N29.36bn
2. Ahmadu Bello University, Zaria- N25.84bn
3. University Of Lagos- N22.37bn
4. University Of Calabar N21.52bn
5. University Of Benin- N19.53bn
6. University Of Ibadan- N19.28bn
7. Nnamdi Azikiwe University, Awka- N18.36bn
8. University Of Ilorin- N18.13bn
9. Obafemi Awolowo University- N16.32bn
10. University Of Technology, Owerri- N14.31bn
11. University Of Jos- N14.23bn
12. Bayero University- N13.48bn
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