TETFund Allocates N30bn for High Impact Project in 18 Tertiary Institutions.
The Tertiary Education Trust Fund (TETFund) says it has allocated the sum of N30 billion for disbursement to six Universities, six polytechnics and six colleges of education under its 2023 Special High Impact intervention.
Executive Secretary of TETFund, Arc. Sonny Echono, who made this known at a news conference in Abuja, explained that the six selected Universities would get N3 billion each, while each of the 12 selected Colleges of Education and Polytechnics would get N1 billion.
Echono added that,one University, one college of education and one polytechnic are selected each from the six geopolitical zones of the country to benefit from the high impact project every year.
The TETFUND Boss, further clarified how the 2023 Intervention Budget of N320 billion, recently approved by President Muhammadu Buhari was disbursed.
He added that special disbursements including high impact project took 20.06 per cent of the total sum amounting to N64.2 billion.