The federal government has inaugurated an Administrative Audit Panel to review the proprietorship, academic affairs, governance, financial and physical development in the African University of Science and Technology (AUST).
The permanent secretary, Federal Ministry of Education, Mr Sonny Echono, stated this Friday while inaugurating the committee in Abuja.
He urged the members to proffer recommendations toward resolving the challenges in the university.
The National Universities Commission (NUC) had, in 2017, received a report from concerned stakeholders expressing worry over the management’s impasse impeding the day-to-day management and operational activities of the university.
Echono said sequel to the fears raised, a committee was instituted by NUC to ascertain the state of affairs at the institution and allay the fears of the concerned stakeholders who brought the matter up.
“After careful consideration of the findings and recommendations of the team in August 2017, it was noted that the AUST is jointly owned by the Federal Government and Nelson Mandela Institutions (NMI). The AUST limited is incorporated under the Companies and Allied Matters Act of 1990 and is limited by guarantee.
“The directors as listed in the incorporation documents, are, therefore, listed as representatives of the owner and not in their personal capacity.
“The continuous retention of the name Dr Ngozi Okonjo-Iweala as one of the directors representing the Federal Government of Nigeria is contrary to the incorporation agreement as well as the legal instruments of the AUST and consequently, flawed.
“The current governance structure of the university is irregular and not in line with the university law. There is currently no representative of the federal government on the Board of Trustees.”
The administrative audit panel has Prof. Nimi Briggs as chairman and Prof. Afis Oladosu, Mr Joel Ojo, Mr Balarabe Ahmad, Dr Ramon Yusuf, Mr Chris Maiyaki, Dr Abubakar Siddique, Mr Moses Awe as members.
Other members are a representative of the Federal Capital Development Authority (FCDA), a representative of the Federal Ministry of Finance and Malam Hamza Abdullahi.
Speaking, Briggs expressed appreciation to the federal government for finding the members worthy to serve and promised not to betray the confidence reposed in them.
