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."

The second university ethics and good governance movement summit has kicked off yesterday in Jimma University. Federal ethics and anti-corruption commission Head said universities should pay equal attention to producing ethical graduates as much as training competent ones. The Head added major construction projects at universities, bids on purchases, student canteen services, etc. should be based on accountability and transparency.

Abuja — The Independent Corrupt Practices Commission (ICPC) has targeted Nigerian Universities as part of preventive measures in the long term strategy of the anti-corruption fight. The commission plans to engage management and staff of tertiary institutions to work to imbibe a culture of transparency and accountability in the overall interest of the country.

The Socio-Economic Rights and Accountability Project, SERAP, has asked the Minister of Education to "urgently probe alleged stealing of teachers" salaries and benefits in several Federal Government colleges across the country, and punish suspected perpetrators.