“The findings of the inspection in respect of your institution (Federal University, Otuoke) were as follow:
“The Vice-Chancellor was being paid total emoluments of N1,970,476.76 monthly, whereas he should not earn more than N922,810.23 if he were paid furniture allowance en bloc earlier, or N1,043,176.79 if he were being paid furniture allowance.
“Much of the difference was attributed to certain allowances which were not approved by the government.”
“We hereby direct the vice-chancellor and the registrar to refund the cumulative overpayments made to them.
“You are to report to the commission in writing, your compliance with this directive within four weeks of this letter.”
“Rather, pension and health insurance allowances were due to three of us, Diaspora Vice-Chancellors who are on Sabbatical from our foreign universities, and co-paid monthly in naira to us for payment to those foreign universities.
“Without that concession occurring, our own local salaries would have been wiped out completely, and we could not have accepted the job.”
“However, the need for accountability is welcome, and Salaries and Wages Commission will be fully reconciled to the full facts,” the VC stated.
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