National Accountability Bureau (NAB) officials have started collecting evidence pertaining to alleged corruption and financial mismanagement of at least Rs 4 billion in the Prime Minister’s Education Reform Programme. The former prime minister had given at least Rs 4 billion to improve the conditions of 423 federal public educational institutions that come under the purview of the Capital Administration and Development Division (CADD) through the Prime Minister’s Education Reform Programme. Corruption and financial mismanagement has allegedly been done in funds allocated for paint jobs, furniture procurement, and construction and renovation projects.

Nigeria’s Joint Admissions and Matriculation Board, or JAMB, is the latest agency to come under the spotlight in what is a national crusade to get rid of corruption in higher education. Past registrars of the agency, which is mandated to hold entrance examinations for all students into tertiary institutions, have been asked to give an account of their stewardship and how they managed the agency’s finances. The probe comes in the wake of revelations that JAMB has managed to remit to the Central Bank of Nigeria an impressive total of US$14 million – the highest annual remittance in the last 40 years.

Across the country, academies have been plagued by allegations of financial impropriety, conflicts of interest and even corruption. Unlike schools under local authority control, academies are responsible for their own financial management. Although this means that developing good corporate relations is essential, many have ended up without a proper framework for transparency and accountability. A 2014 report for parliament claimed that “conflicts of interest are common”, adding: “There is a broader sense that the academy system lacks transparency.”

The Ethics and Anti-Corruption Commission (EACC) launched a report on the Free Primary Education (FPE) programme, after the Ministry of Education revealed that most schools cannot account for the funds. According to the EACC Chief Executive Officer, the report will help in ensuring accountability in public schools, given that heads of schools will be required to detail how every shilling allocated by the government is spent.

Education Minister wants to make universities more accountable for how they spend their money after it was revealed billions of dollars a year are redirected from teaching to research. A report by the Grattan Institute found that universities report the $26 billion they spend each year in an "opaque" way, concluding: "Australia needs a more transparent system for reporting how universities spend their money."