• Live Radio
  • Videos
  • About
  • Contact
  • Despite Media
Ghana Election 2020
  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • VIDEOS
  • Media
    • Videos
    • Audio
    • Live Radio
    • Photos
  • Election 2020
Local News
 
 
 
Home News General News 201708

Catholic University In Financial Crisis

29-Aug-2017
/ General News, News
Email
Print
Comments 2
(2)
Comments
Share on Facebook Share on Twitter
 

The Catholic University of Ghana (CUG) located at Fiapre in the Sunyani municipality of the Brong-Ahafo Region, is on the verge of collapse because it is said to be cash strapped and for that matter, cannot pay its lecturers and other staff.

For three months now lecturers, administrative staff and the ancillary workers have reportedly not received salaries, making life unbearable to them, DAILY GUIDE has gathered.

As part of measurers to save the university from total collapse, it has started laying off lecturers it claims are on contract and no longer needs their services. Others too have voluntarily resigned whilst a few ones have gone on pension and cannot be replaced due to the volatile financial situation.

The Vice Chancellor, Professor Daniel Obeng-Ofori, confirmed this to DAILY GUIDE in an interview.

Eight lecturers who have been laid off without service benefits are threatening to go to court, if the institution fails to pay them their salaries spanning three months, plus end-of-service benefits by the end of this month. They accused the VC – who took over the administration of the university just a little over a year ago – of dictatorial leadership style hence, the collapsing of the university.

Professor Obeng-Ofori, though agreed that some lecturers were laid off, insisted that it was not dismissal. Rather, their tenure of contracts had ended and that because the school is overstaffed, their contracts were not renewed.

He described the situation at the university before he took over as academic jungle because there was no prudent financial management, thereby putting liquidity problem on the institution since 2012. He said there were lecturers who taught only three hours in a week and at the end of the month drew salaries.

He noted that that was not proper and so recommend to the university council to ask all lecturers to reapply and those whose services are no longer needed as a result of staff rationalization, be laid off.

“Again, because of some people’s own personal gains, dubious contracts were entered into, putting financial burden on the institution; so I had to abrogate some of the contracts which we are trying to pay now,” he bemoaned.

He said the school authorities were finding ways to raise funds to pay the affected teachers, including establishing an endowment fund to finance the school.

He explained that the founders of the school thought school fees could have been used to run the school, but that had failed because students’ population kept dwindling over the years, affecting the school’s finances. He said the school, which used to boast of over 4,000 students, can now boast of only a little over a 1,000 due to multiplicity of factors.

Source: Daily Guide

 

 
 

 

Comments ( 2 ): Post Your Comments >>

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.
Featured Video
Previous Post

SSNIT Scandal Engineered And Planned – Franklin Cudjoe

Next Post

Stay Out Of Togo Turmoil – Ayariga Tells Nana Addo

 
 

More Stories

Deputy Lands Minister Debunks Claims Of 2.3billion Seedlings Arrears
African Union Appeals For Calm After Kenya Protests
2 Separate Accidents Claim 16 Lives In Eastern Region
It Is Not My Signature - Court Registrar Testifies In McDan v Yehans Case
Search On For US VP Grandfather's House In Zambia - Report
No Water At Night As Tunisia Suffers Shortage
Massive Crowd Attend Kamala Harris Engagement At Black Star Square
Ethiopian Nun And 'Piano Queen' Dies At 99
Elon Musk Announces Blue Tick Shake-Up
Next Post

Stay Out Of Togo Turmoil – Ayariga Tells Nana Addo

  Local News

  • General News
  • Social
  • Health
  • Education
  • Religion
  • Technology
  • Crime & Justice
  • Travel/Tourism
  • Science/Environment


 
 

 

Other General News Stories

  • Deputy Lands Minister Debunks Claims Of 2.3billion Seedlings Arrears

  • African Union Appeals For Calm After Kenya Protests

  • 2 Separate Accidents Claim 16 Lives In Eastern Region

  • It Is Not My Signature - Court Registrar Testifies In McDan v Yehans Case

  • Search On For US VP Grandfather's House In Zambia - Report

  • No Water At Night As Tunisia Suffers Shortage

  • Massive Crowd Attend Kamala Harris Engagement At Black Star Square

  • Ethiopian Nun And 'Piano Queen' Dies At 99

  • Elon Musk Announces Blue Tick Shake-Up

  • Ghana Is A Leading Voice For Democracy - Kamala Harris

 

 
 

Popular Videos

Kokrokoo Discussion Segment On Peace 104.3 FM (24/03/2023)

Kokrokoo Discussion Segment On Peace 104.3 FM (24/03/2023)

Peace Power Sports (24/03/2023)

Kokrokoo Live On Peace 104.3 FM (24/03/2023)

Akan News @ 6pm On Peace 104.3 FM (24/03/2023)

Akan News @ Midday On Peace 104.3 FM (24/03/2023)

Peace FM Online and Despite Media

peacefmonline.com offers its reading audience with a comprehensive online source for up-to-the-minute news about politics, business, entertainment and other issues in Ghana

Follow us on social media:

Category

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Opinion
  • Trivia
  • Foreign
  • Audio
  • Photos
  • Videos
  • Elections
Decision Time
Ghana Election 2020 2016 Elections
Services
Live Radio Audio on Demand Ghana Elections Advertise with Us
Useful Links
Despite Media About Us Contact Us Feedback Form Terms and Conditions Privacy
Our Brands
Despite Media UTV Peace FM Okay FM Hello FM Neat FM Peacefmonline
  • About
  • Advertise
  • Terms & Conditions
  • Contact
  • Privacy

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media

  • Home
  • Local News
  • Politics
  • Showbiz
  • Sports
  • Business
  • Articles
  • Trivia
  • Foreign
  • Live Radio
  • Photos
  • Videos
  • Audio
  • Election 2020

© 2020 Peacefmonline.com - An online portal owned and managed by Despite Media