{"id":102192,"date":"2025-11-06T16:47:11","date_gmt":"2025-11-06T16:47:11","guid":{"rendered":"https:\/\/sotnews.agency\/?p=102192"},"modified":"2025-11-06T16:47:11","modified_gmt":"2025-11-06T16:47:11","slug":"tamale-technical-university-earns-pac-praise-after-boosting-surplus-from-%e2%82%b51-7m-to-%e2%82%b513m","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=102192","title":{"rendered":"Tamale Technical University earns PAC praise after boosting surplus from \u20b51.7m to \u20b513m"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>1 Minute, 53 Second                <\/div>\n\n            <\/div><div>\n<p>Tamale Technical University (TTU) has been commended for its financial discipline, with members of the Public Accounts Committee (PAC) applauding the school\u2019s impressive turnaround and strict adherence to Auditor-General recommendations.<\/p>\n<p>The recognition comes after TTU swiftly implemented the recommendations and achieved a dramatic increase in interest earnings, rising from 1.7 million to 13 million cedis within a year.<\/p>\n<p>Appearing before the committee on Thursday, November 6, were the management team\u2014including the school\u2019s Internal Auditor, Director of Finance, and Registrar\u2014led by Vice Chancellor Prof. Bashiru Imoro Saeed.<\/p>\n<p>Chairperson of the committee, Abena Osei-Asare, highlighted the university\u2019s achievements, saying, \u201cYou moved from a surplus of 1.7 million to a surplus of 13 million, and you improved so much on your current ratio, where you could cover your short-term liabilities needs by 2.6 times to 7.6 times.\u201d<\/p>\n<p>She added, \u201cIt means you are doing something right, and we ought to support you for you to build on to whatever you are doing, and for other universities to also come and study from what you are doing. So I am impressed with what I have seen, and I have also seen that you are able to raise close to one-third of what government gives you as IGM, and that is commendable.\u201d<\/p>\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/sotnews.agency\/wp-content\/uploads\/2025\/11\/TAMALE-PRAISED-2.mp3\"><\/audio><\/figure>\n<p>She further highlighted the university\u2019s financial prudence, noting, \u201cGovernment gives you 100 million, and then you raise almost 30 million from your own internally generated funds, and that is commendable. Even your project income, the project income that you received, and your project expenses, you make sure you did not spend more than what you received, and that is prudence. So keep it up.\u201d<\/p>\n<p>On maintaining and building on these results, she emphasised, \u201cWhatever it is that you have to do to make sure you maintain and improve upon this result that you have shown to us from the auditors, you have to do it and do it well. So I am for Tamale. It is not just me, but your figures are speaking to what I am saying. Well done.\u201d<\/p>\n<p>The PAC\u2019s praise underscores TTU\u2019s growing reputation as a model of financial discipline and accountability in Ghana\u2019s tertiary education sector.<\/p>\n<p><\/p>\n<\/div>\n        <div class=\"booster-block booster-reactions-block\">\n            <div class=\"twp-reactions-icons\">\n                \n                <div class=\"twp-reacts-wrap\">\n                    <a react-data=\"be-react-1\" post-id=\"102192\" class=\"be-face-icons un-reacted\" href=\"javascript:void(0)\">\n                        <img decoding=\"async\" src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/happy.svg\" alt=\"Happy\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">\n                        Happy                    <\/div>\n                    <div class=\"twp-count-percent\">\n                                                    <span style=\"display: none;\" 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src=\"https:\/\/sotnews.agency\/wp-content\/plugins\/booster-extension\/\/assets\/icon\/surprise.svg\" alt=\"Surprise\">\n                    <\/a>\n                    <div class=\"twp-reaction-title\">Surprise<\/div>\n                    <div class=\"twp-count-percent\">\n                                                    <span style=\"display: none;\" class=\"twp-react-count\">0<\/span>\n                                                                        <span class=\"twp-react-percent\"><span>0<\/span> %<\/span>\n                                            <\/div>\n                <\/div>\n\n            <\/div>\n        <\/div>\n\n    ","protected":false},"excerpt":{"rendered":"<div><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/www.myjoyonline.com\/wp-content\/uploads\/2025\/11\/image-502-150x150.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Tamale Technical University earns PAC praise after boosting surplus from \u20b51.7m to \u20b513m\" loading=\"lazy\" title=\"Tamale Technical University earns PAC praise after boosting surplus from \u20b51.7m to \u20b513m\">Tamale Technical University (TTU) has been commended for its financial discipline, with members of the Public Accounts Committee (PAC) applauding the school\u2019s impressive turnaround and strict adherence to Auditor-General recommendations.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12014,1883,117,6933,10,9,12015],"tags":[],"class_list":["post-102192","post","type-post","status-publish","format-standard","hentry","category-financial-performance","category-national","category-news","category-pac","category-politics","category-popular","category-ttu"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/102192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102192"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/102192\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}