Connect with us

Education

FG Speaks On Demolition Of Illegal Tertiary Institutions Across The Country

Published

on

at

FG Shuts Down Schools Nationwide Over Coronavirus In Nigeria

The Federal Government said it has spent over  ₦727 billion on tertiary education in four years.

Naija News learnt that the government stated that the investment which was done through the Tertiary Education Trust Fund (TETFund), was for the development of critical infrastructure in public tertiary institutions.

Minister of Education, Adamu Adamu, disclosed this during the sixth edition of the Ministerial Press Briefing with reporters in Abuja, at the weekend.

He said the TETFund intervention was for public universities, polytechnics and colleges of education from 2015 to date.

Adamu stated that the intervention was for the development of physical infrastructure, project maintenance and provision of Information and Communication Technology (ICT) support.

According to the minister, other areas of intervention include entrepreneurship, library development, special high impact projects, research, academic staff training and development among others.

The minister said: “Our focus for today’s briefing is on Federal Government’s intervention in critical areas of tertiary education in the life of the Buhari administration in the last four years.

“During the period under review, the Federal Government through the instrumentality of the Tertiary Education Trust Fund (TETFUND) allocated a total of ₦727,225,862,128.86 worth of investment in critical areas of infrastructural development in our tertiary institutions, especially in physical infrastructure, project maintenance, Information and Communication Technology (ICT) support, Entrepreneurship, Library development and special high impact projects, Academic Staff Training and Development, and Research, among others.

“The TETFund intervention is aside from other sources of funding tertiary education such as the NEEDS ASSESSMENT, internally generated revenues of these institutions among others.”

A breakdown of the government’s investment in tertiary education indicated that in 2015, the government allocated ₦24.93 billion to the 74 universities operating in the country.

“In 2016, each public university was allocated ₦1billion. Multiplied by 74 institutions, it brings the total allocation to public universities to ₦74.7 billion for the year 2016. “In 2017, each public university was allocated ₦659 million multiplied by 74 universities; you have the total allocation to public universities to ₦48.8 billion for 2017.

“In 2018, each public university in the country was allocated ₦785.8 million. Multiplied by 74 universities, it gives the total allocation to public universities to ₦58 billion for the year 2018,” he added.


© 2025 Naija News, a division of Polance Media Inc. Contact us via [email protected]
Page was generated in 2.0322499275208