Reps probe nine universities over alleged financial discrepancies

The House of Representatives Committee on University Education has launched an investigation into alleged financial irregularities in nine federal universities and other tertiary institutions, demanding explanations from their managements over the use of public funds.The committee also directed the Vice-Chancellor of the University of Lagos, Prof. Folasade Ogunsola, to submit the institution’s budget records for 2024, 2025 and 2026 and appear before lawmakers next week over an alleged N7.1bn discrepancy in its financial records.