Vice-Chancellors of some Federal universities collected over N480, 000 as furniture allowance monthly, National Universities Commission (NUC) chief Abubakar Rasheed has said.
The Economic and Financial Crimes Commission (EFCC) is probing financial irregularities levelled against some of the Vice Chancellors and Bursars of federal universities.
Prof. Rasheed broke the news at a workshop on economic recovery and growth for bursars of Federal universities yesterday in Abuja.
He accused some of the VCs of financial irregularities, flouting financial regulations and non-compliance with university regulations, especially extant federal circulars emanating from government agencies.