TETfund to disburse N300b to 226 schools in 2021

The Tertiary Education Trust Fund (TETFund) has announced the planned disbursement of over N300 billion to about 226 tertiary institutions in the country for staff training and infrastructural projects development.

Chairman, Board of Trustees, Tetfund, Kashim Ibrahim-Imam, announced this in Asaba at an audit and accounts reconciliatory meeting with the benefiting institutions in Delta.

He reiterated TETFund’s commitment to building the education sector through training of the academic staff and the building of projects such that would make teaching and learning more conducive.

“Our performance impact is visible in every institution. At the University of Lagos alone, we have completed and ongoing 75 projects. At Lagos State University, we have 68 projects.

“There is no tertiary institution that I have visited that does not have at least minimum of 50 completed and ongoing projects fully funded by Tetfund and I want to assure all the institutions that we are going to do much more than we have done in the past.

On Academic staff training and development, Ibrahim-Imam said, “In the past 10 years, TETFund has successfully trained more than 30,000 lecturers across the country for Masters and PhD programmes locally and internationally.

“This year alone, the overall budget of TETFund is about N300 billion: each university will be accessing overall budget of about N900 million, each polytechnic will be accessed in excess of N800 million while the colleges of education will access in excess of N700 million.

“We have about 226 tertiary institutions on our records as at the last count and we are counting more; for academic staff training and development, each university will access about N150 million, Polytechnic and colleges of education N120 million each this year,” he disclosed.



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