The Cabinet Secretary for Education, Ezekiel Machogu, has announced the government’s plan to scrap funding for public universities and colleges.
Speaking at the Dedan Kimathi University in Nyeri today, the CS said the institutions will have to find alternative means of raising revenue.
“I am going to move around each and every university in Kenya, because our universities are faced with problems, particularly in finance. You get them complaining about funding,
“We are encouraging that they must generate their own revenue because the ex-checker as it is now is not going to be able to continue funding more because in Kenya education takes 25.9 percent, so we have to find other ways of creating and generating revenue for universities, and they have to look at other revenue schemes,” he stated.
This accounts for monies owed to the Kenya Revenue Authority (KRA), pension schemes, part-time lecturers, Saccos, the National Hospital Insurance Fund (NHIF), the National Social Security Fund (NSSF), and loan deductions, among others, according to Universities Fund CEO Geoffrey Monari.
“Currently, our universities are facing a profound financial crisis. The aftermath of the COVID-19 pandemic still lingers,” Monari is recorded as saying, adding that the 100 percent transition for students attaining a C+ has increased and stretched government funds to institutions.
