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  • TETFund: Universities To Get N2.8bn Each, Polytechnics N1.9bn, Colleges N2.1bn In 2025
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TETFund: Universities To Get N2.8bn Each, Polytechnics N1.9bn, Colleges N2.1bn In 2025

ovanews 1 year ago 3 min read
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The Tertiary Education Trust Fund (TETFund) has announced its 2025 disbursement guidelines, allocating billions of naira to universities, polytechnics, and colleges of education.

The Executive Secretary of TETFund, Arc. Sonny Echono, revealed that universities will receive N2,860,562,362.66 each, comprising N2,560,562,352.66 as normal allocation and N300,000,000.00 as zonal allocation.

Echono disclosed this at a strategic workshop with heads of institutions on the 2025 disbursement guidelines on Thursday.

Polytechnics will get N1,994,335,731.71 each, consisting of N1,794,335,731.71 as normal allocation and N200,000,000.00 as zonal allocation.

Colleges of Education will receive N2,178,428,260.79 each, made up of N1,978,428,260.79 as normal allocation and N200,000,000.00 as zonal allocation.

Echonon noted that, in line with the Federal Government’s directives, all physical infrastructure development allocations for 2025 shall be directed toward the upgrading, rehabilitation and renovation of dilapidated infrastructure in our beneficiary institutions.

“This was communicated to you earlier to enable you to consult widely and prepare your projects ahead of time. You were also advised to employ the services of your consultancy units and/or physical planning units in the preparation.

“The 2025 disbursement allocation is structured as follows: the total direct disbursement of (91.08 per cent), is made up of 48.90 per cent) as annual direct disbursement and (42.18 per cent) as special direct disbursement. Designated projects account for 8.72 per cent, while stabilisation funds are 0.20 per cent),” he said.

Echono emphasised that the 2025 disbursement guidelines prioritise infrastructure development, research and innovation, academic staff training, and student support services.

He highlighted key initiatives under the Special Direct Disbursement category, including increased funding for the Special High Impact Programme (SHIP), completion of the National Library building in Abuja, establishment of mechanised farms in some universities, and accelerated provision of student hostels through public-private partnerships (PPP) and direct construction.

Other priority areas include expanding infrastructure to enhance student intake for medical courses, adopting medical simulation and technology to improve curriculum delivery and patient care, and providing alternative power to selected beneficiary institutions.

“Other key focus areas in the 2025 Disbursement Guidelines include expanding infrastructure to enhance student intake for doctors, nurses, pharmacists and dentists in our universities and colleges of medicine, adopting medical simulation and technology to improve curriculum delivery and patient care, and providing alternative power to selected beneficiary institutions to obscure current difficulties in coping with energy costs. Other priorities include addressing campus security, enabling disaster recovery and completing previously distressed projects. Research and innovation support will continue with provision for the National Research Fund, institutionalisation of R&D, existing and expanding partnerships, research meets industry (Triple Helix initiative), and commercialisation of research outcomes,” he said.

The TETFund Executive Secretary also announced plans to establish 12 new Entrepreneurship for Innovation Hubs in Polytechnics and Colleges of Education, promote the adoption and utilisation of digital resources, and enforce the full utilisation of the TERAS platform.

Echono urged heads of beneficiary institutions to ensure the full utilisation of their 2024 and previous allocations while fast-tracking the procurement process to access their 2025 allocations.

TETFund: Universities To Get N2.8bn Each, Polytechnics N1.9bn, Colleges N2.1bn In 2025 is first published on The Whistler Newspaper

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