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FUND SOURCES                          N
Postgraduate fees                                                                2,129,500.00
Undergraduate fees                                                                      58,000.00
Institute of Continuing Education                                                                    424,500.00
Application forms                                                              16,050,000.00
Convocation fees                                                                2,227,000.00
Capitation                                                              38,745,627.50
Electricity recovered                                                              14,136,724.40
Transcripts                                                              17,282,000.00
Sundry other income                                                                    611,752.66
Post utme                                                                    674,000.00
Rent on Quarters                                                                4,903,763.54
Shop/stalls/Halls                                                                                      –  
Sale of disused assets                                                                    166,500.00
Total receipts for the month                                                              97,409,368.10
FUND UTILISATION CLICK HERE TO VIEW BREAKDOWN
Payment to contractors                                                              90,544,912.09
Staff refunds                                                              41,093,251.19
Taxes                                                              26,682,057.51
Security expenses                                                              24,875,000.00
Adjunct/visiting professors                                                              16,283,980.31
External assessor                                                                      80,280.00
Overtime                                                              35,047,623.82
NYSC                                                                    960,000.00
Industrial Attachee                                                                      30,000.00
Student refund                                                                    126,975.00
Health Insurance -student                                                              64,252,500.00
Electricity                                                            111,048,501.12
Water                                                                1,500,000.00
Purchase/touring advance                                                              10,654,375.00
Janitorial                                                                8,341,158.36
Medical                                                                4,237,945.76
Honorarium                                                              13,137,166.69
Repatriation                                                                3,875,502.95
Central Research                                                                1,467,133.00
Burial expenses                                                                    170,000.00
Staff welfare                                                            125,289,817.26
TSA charges                                                                    948,074.00
Total payments for the month                                                            580,646,254.06

Lekan Lawal
Bursar

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