Monday, 15 May 2017

TETFund releases N1trn to varsities, polytechnics in 5 yrs




     TERTIARY Education Trust Fund, TETFund, has released about N1 trillion intervention fund to public universities, polytechnics and colleges of education for project development and content-based intervention in the last five years, Executive Secretary, Dr. Abdullahi Baffa, has said.

   Baffa, who disclosed this to journalists in Abuja, also said the agency had made it compulsory for benefiting institutions to defend their project proposal before funds would be released to them to ensure effective utilisation.
  He noted that TETFund embarked on Access Clinic/Project defence proposal which lasted two months for the beneficiary institutions.
   According to him, the beneficiary institutions that made presentations at the Access Clinic/Project Proposal defence, based on the 2016 allocation, were 181 in number, including 74 universities, 50 polytechnics and 57 colleges of education.

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