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The Academic Staff union of polytechnics (ASUP), says it rejects any sinister motive by the federal Ministry of finance to reintroduce  through the backdoor a 50% deduction from polytechnics internally generated revenue. President Bola Tinubu had withdrawn an earlier directive to introduce a 40% deduction from IGR of tertiary institutions, after a stiff resistance from all the unions in Nigeria's tertiary institutions. Find  the FULL ASUP Press statement below.  ACADEMIC STAFF UNION OF POLYTECHNIC (ASUP) 3rd January, 2024 PRESS STATEMENT ON THE FINANCE CIRCULAR OF 28th DECEMBER, 2023 ISSUED BY THE FEDERAL MINISTRY OF FINANCE  Our Union’s attention has been drawn to the finance circular issued by the Federal Ministry of Finance on the 28th of December, 2023 conveying implementation of “Presidential Directives on 50% Automatic Deduction from Internally Generated Revenue of Federal Government Owned Enterprises”. This circular is similar t ...