FUND SOURCES                          N
Postgraduate fees 11,707,750.00 
Undergraduate fees 2,375,500.00 
Institute of Continuing Education 10,387,850.00 
Application forms 627,500.00 
ULBS obligatory fees 709,500.00 
Acceptance fee –   
Hostel accomodation 25,000.00 
Convocation fees 4,211,000.00 
Capitation –   
Electricity recovered 13,810,470.69 
Transcripts 222,000.00 
Sundry other income 12,500,719.35 
Post utme –   
Rent on Quarters 7,923,541.37 
Shop/stalls/Halls/ sport 3,245,040.00 
Earned Allowance –   
Sale of disused assets 50,340.00 
Contributions –   
Total receipts for the month 67,796,211.41 
FUND UTILISATIONCLICK HERE TO VIEW BREAKDOWN
Payment to contractors 142,583,193.13 
Staff refunds 16,643,452.00 
Taxes 2,192,823.96 
Security expenses 2,368,800.00 
NUGA expenses 10,263,950.00 
Adhoc staff salary 57,000.00 
External assessor/Doctoral grant –   
Overtime 18,636,077.27 
NYSC/Industrial Attachee 1,320,000.00 
ICE expenses 428,864.08 
Electricity charges 122,146,449.96 
Janitorial 4,470,954.61 
Payment to students –   
Purchase/touring advance 2,455,000.00 
Medical 33,213,874.75 
Central research  4,948,831.92 
Repatriation –   
Honoraria/Allowances 25,503,641.92 
Convocation expenses –   
Earned Allowance –   
Accreditation 9,791,250.00 
Staff welfare 1,660,000.00 
TSA charges 155,122.50 
Total payments for the month 398,839,286.10 
Lekan Lawal
Bursar