DistantNews
Support us
๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Culture & Society

TETFund is key to saving Nigeria's higher education, says CPA

From The Punch · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Tertiary Education Trust Fund (TETFund) is crucial for Nigeria's higher education sector, according to the Centre for Public Accountability (CPA).
  • Without TETFund, many public institutions would face severe infrastructural decay and academic setbacks.
  • Between 2011 and 2024, TETFund disbursed over โ‚ฆ1.8 trillion to public tertiary institutions, supporting over 152,000 infrastructural projects.

The Tertiary Education Trust Fund (TETFund) is a vital lifeline for Nigeria's struggling higher education sector, preventing deeper infrastructural decay and academic decline in public institutions, according to the Centre for Public Accountability (CPA).

Olufemi Lawson, Executive Director of CPA, stated that findings from an independent assessment show TETFund remains indispensable for the survival and development of universities, polytechnics, and colleges of education nationwide. The CPA's assessment involved months of investigative and monitoring activities across Nigeria, evaluating TETFund's projects, transparency, and performance under Executive Secretary Sonny Echono.

Our findings indicate that TETFund has continued to play a strategic and indispensable role in the growth and development of tertiary education in Nigeria.

โ€” Olufemi LawsonThe Executive Director of the Centre for Public Accountability stated this during a virtual press conference, summarizing the organization's assessment of TETFund's impact.

Lawson highlighted that despite economic challenges, TETFund has sustained intervention programs to improve learning conditions and institutional capacity. Records indicate that between 2011 and 2024, TETFund disbursed over โ‚ฆ1.8 trillion to public tertiary institutions. Universities received more than โ‚ฆ918 billion, polytechnics over โ‚ฆ461 billion, and colleges of education over โ‚ฆ458 billion. These interventions have resulted in over 152,000 infrastructural projects, including lecture theaters, laboratories, libraries, and hostels.

The CPA also commended TETFund for supporting postgraduate training, academic conferences, institutional research, and digital transformation. Lawson noted that many institutions previously suffering from severe infrastructural deficits now have significantly improved learning environments due to these interventions.

Many institutions that previously suffered severe infrastructural deficits now possess significantly improved learning environments due to these interventions.

โ€” Olufemi LawsonLawson described the tangible results of TETFund's interventions on university campuses across Nigeria.
DistantNews Editorial

Originally published by The Punch in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.