UNIVERSITY OF UYO
FINANCIAL INFORMATION

-University of Uyo is a Federal University, funded 100% as per personnel cost by the Government.

-Financial year of the University is 30th June of every YEAR

-Accounts of the University are audited by independent Auditors appointed by the University Governing Council

-Copies of the audited accounts are published by distribution to:

  • National Universities Commission
  • Auditor-General for the Federation
  • Accountant-General of the Federation
  • Public Accounts Committee of the House of Representative
  • Public Accounts Committee of the Senate.

 

-Accounts of the University have been audited up to 2010.

-Five year Financial Summary of the University is as follows:-

ITEM

YEARS

 

2010 
N 000       

2009
N 000

2008
N 000 

2007
N 000

2006
N 000

ASSET  

3,593,530

2,962,030

2,645,964    

2,227,291    

1,451,829

CAPITAL
EMPLOYED

3,593,530     

2,962,030

2,645,964    

2,227,291    

1,451,829

INCOME AND
EXPENDITURE                 

329,759        

(11,053)         

274,287        

597,030      

111,918 

CURRENT RATIO

 4.53                

2.36                

2.28              

1.41            

1.13