Over N300bn Disbursed To Tertiary Institutions In 2021 – Tetfund

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Chairman Board of Trustees of Tertiary Education Fund, Tetfund, Alhaji Kashim Ibrahim-Imam, Monday, said Tetfund has disbursed over N300 billion this year to about 226 tertiary institutions in the country for staff training and infrastructural development projects.


Ibrahim-Imam who disclosed this in Asaba at an audit and accounts reconciliatory meeting with the benefiting institutions in Delta, said Tetfund was committed 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.


He said: “Tetfund is 10 years old and we have in excess of 10,000 projects across the various tertiary institutions in the country to show for our effort.


“Our performance, impactfullness 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”.


Speaking 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 polytechnics will be access 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.

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