Reps give Kaduna Polytechnic 72 hours to explain falling revenue, pension deductions
AI Executive Briefing
Gemini Flash AI~45s readThe House of Representatives Committee on Federal Polytechnics has demanded that Kaduna Polytechnic provide detailed financial records within 72 hours. This follows concerns over declining revenue figures and potential lapses in statutory remittances, including pension and death benefits.
Context & Background
- ✦The committee is conducting an oversight visit to verify the financial transparency and statutory compliance of federal polytechnics.
- ✦There is a growing concern regarding the management of public funds and the welfare of staff, specifically regarding the payment of benefits to the next of kin of deceased employees.
Key Figures & Named Entities
•Fuad Laguda (Chairman, House Committee) expressed dissatisfaction with the reported revenue figures and lack of evidence regarding death benefit payments.•Suleiman Umar (Rector, Kaduna Polytechnic) maintained that the institution is up to date with pension remittances and NHF contributions.
Outlook & Next Steps
Kaduna Polytechnic management is required to submit the requested documentation to the National Assembly within three working days for committee review to determine compliance.
Key Takeaways
AI Summary- The House of Representatives Committee on Federal Polytechnics has issued a 72-hour ultimatum to Kaduna Polytechnic to submit comprehensive financial records regarding IGR and statutory remittances.
- Lawmakers expressed skepticism over the institution's declining IGR, which dropped from N1.478 billion in 2023 to N1.332 billion in 2025, despite an increase in student enrollment.
- The committee is investigating the status of pension deductions and death benefits for over 30 deceased staff members, amid allegations of potential under-declaration of revenue.
Key Facts:2023-2025: Kaduna Polytechnic's internally generated revenue declined from N1.478 billion in 2023 to N1.332 billion in 2025.72 hours: The House of Representatives Committee issued a directive for the institution to submit financial documents within 72 hours.
Editorial Excerpt
The lawmakers queried Kaduna Polytechnic’s declining internally generated revenue, which fell from N1.478 billion in 2023 to N1.332 billion in 2025, and demanded documents to verify its statutory remittances.
Frequently Asked Questions About This Story
Why is the House of Representatives Committee questioning Kaduna Polytechnic's revenue?
The committee noted that the institution's internally generated revenue has been declining annually despite an increase in student population, leading lawmakers to suspect the figures were under-declared.
What is the institution's stance on the allegations regarding pension and death benefits?
The Rector, represented by the Deputy Rector, stated that all pension deductions are promptly remitted and that death benefits are handled by insurance companies rather than the institution directly.
