2021 Intervention: TETFUND To Disburse #292.6bn To Public Tertiary Institutions- Bogoro

The Federal government has approved the sum of 292.666 billion naira for the Tertiary Education Trust Fund (TETFUND)to disbursed as intervention funds for selected public tertiary institutions in each of the six geo-political zones across the country. TETfund Executive Secretary, Prof Suleiman Bogoro states this while welcoming Heads of Beneficiary Institutions to a One-Day Stakeholders Briefing held in Abuja. Breakdown of the total sum indicates that 906 million naira will be disbursed to one university each from the six geo political zones while their polytechnic and college of education counterparts will get 628 million each. The TETfund boss further used the opportunity to brief the participants on the mandate bestowed on the the Fund towards the completion of the Abuja National Library Project. Bogoro who also stressed the importance of research to national development said the policy informed the setting up of the National Research Foundation which has consistently increased from N3billion to N8.5billion in recent times. The newly reviewed overseas course sponsorship with emphasis on science based masters or PhD programmes with effect from August 2021 was also communicated to the participants.