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Magoha Move To Revive Cash-Strapped Egerton University Back On Its Feet

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Magoha Move To Revive Cash-Strapped Egerton University Back On Its Feet

Magoha Move To Revive Cash-Strapped Egerton University Back On Its Feet.
Prof George Magoha has proposed a slew of interventions directed at reviving Egerton University back to its feet.
The university’s operations resumed on March 4 after lecturers called off their nearly four-month strike, as the institution grappled with a budget deficit of over Sh6.1 billion.
In response to questions from the National Assembly’s Departmental Committee on Education and Research, the CS stated that the university was struggling with unpaid salaries and unremitted deductions.
“Egerton owes its workers an accumulated deferred pay amounting to Sh411 million. The staff are demanding full implementation of 2017/2021 CBA and full payment of statutory and third party deductions of up to November 2021, totalling to Sh4.3 billion,” said Prof Magoha.
The problem started in 2017 when the university underbid its enrolment through the Kenya Universities and Colleges Placement Service.
As a result, 3,822 students were underfunded by nearly Sh1 billion, which was allegedly channeled to another public university.
Prof Magoha stated that the ministry had been notified of the situation and that the university had requested the release of Sh935.2 million for underfunded students in the 2018/2019 fiscal year.
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“These funds could have reduced the problem. The ministry has written to the National Treasury with a request for the unremitted monies to be released to Egerton University,” he said. 
He went on to say that the situation had gotten worse since the government reduced the university’s budget from Sh2.8 billion to Sh2.5 billion in 2017.

Egerton may lose World Bank funding  Due to closures - Nabukwesi.

Egerton may lose World Bank funding  Due to closures – Nabukwesi.
Magoha Move To Revive Cash-Strapped Egerton University Back On Its Feet

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