Treasury Single Accounts: FUTO Fees Payment Notice


Federal University of Technology, Owerri, FUTO announced that payment of fees is currently on hold until the university finalizes the Treasury Single Accounts (TSA) procedures with the CBN. Management has not approved any increment in school fees.

FUTO fees payment notice

This is to inform both new and returning students of Federal University of Technology, Owerri (FUTO) that payment of fees at FUTO is currently put on hold until the university finalizes the Treasury Single Accounts (TSA) procedures with the CBN.

In particular, candidates already offered provisional admission for the 2015/2016 session should not make any payments for ACCEPTANCE FEES in any commercial bank accounts until they are instructed otherwise on this website.

Beware of fraudsters and duplication of fees as victims will only have themselves to blame. The TSA policy of the Federal Government is a good and welcome innovation, which might take just a little more time to finalize the necessary procedures, including integration with the university Eduportal.

The University Management has not approved any increment in school fees for the 2015/2016 academic session. However, in view of the challenging and ever increasing cost of running the University, Management is considering a marginal  review of the charges on some of the services offered to the students. If and when this is done, the students and all stakeholders will be duly informed through the appropriate channels of communication in the University.

The University Management therefore urges our students and the general public to disregard rumors of the purported increment in school fees currently in circulation.

MSG Team.



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