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*Hon Obinna Oriaku, Commissioner for Finance, had this to answer when asked about Abia Poly resumption*
…Good morning, You have asked about Abia poly resumption for the second time and I feel we owe you an answer.
Last week Abia poly got two months from the Paris refund allocation committee which am heading.
This two months amounted to N180m since our subvention is 90m per month. We expect they should call off next week but Abia poly problem goes beyond the two months paid.
The schools monthly wage bill is about 180m which is very unacceptable by any standard.. Absu with all the Profs is about 140m but these lecturers in poly whose degrees average same HND is taking this amount .
Beyond that, the fact that on assumption we bought off a loan of 2b from this institution to free them from the debt to ensure they run freely and be able to pay the workers since what we give them as subvention is not necessarily paying their monthly salary just like other institutions.
Absu is a good example .
Why will it work in Absu and fail in Abia Poly?
Reason is mgt.
Abia poly have 50 workers in their library unit that has what can’t pass as a private law library.
They have 40 workers in their medical unit . Among these 40 you have four doctors and 6 matrons earning fantastic salaries .
Is Abia Poly now a hospital?
The canteen workers are among those being paid. Am sure we all went to high institution. During your days were those in canteen not outsiders serving the students. In Abia poly we have people washing plates in canteen who will end up being paid pension. The same workers are the problem.
Abia poly had 40 accounts in multiple banks . These we have changed and they are resisting.
They were collecting cash as school fees until recently when we engaged a consultant for on line payments. we still have about 8 revenue accounts yet to be hooked on …We have politicians instead of lecturers in Abia Poly.
We are working on major changes in that school that will bring permanent solution to their problem.
-Via Live Radio interview
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