ADVERTISEMENT
  • The Membership Club
  • PT Hausa
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
Tuesday, March 2, 2021
Premium Times Nigeria
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Parliament Watch
    • Panama Papers
    • Paradise Papers
    • AGAHRIN
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
ADVERTISEMENT
Sacked Executive Secretary, TETFund, Abdullahi Baffa,

Abdullahi Baffa, the Executive Secretary, TETFund at a press briefing in Abuja on Monday.

Nigerian govt approves N1.9 billion intervention funds for each university

byEbuka Onyeji
February 21, 2017
2 min read

The Tertiary Education Trust Fund, TETFund, on Monday gave a breakdown of intervention funds approved by the federal government for tertiary institutions.

The government approved N213.4 billion for the schools for 2016, Abdullahi Baffa, the Executive Secretary, TETFund, said at a press briefing in Abuja on Monday.

The releases and utilisation of the funds are to be done in 1017.

Mr. Baffa said each of the 54 public polytechnics would receive N691.632 million as against N427 million in 2015.

He said each of the 40 federal universities and 34 state universities will receive N1.94 billion. Mr. Baffa added that each of the 55 colleges of education would receive N679 million.

He said this was the biggest annual disbursement given to any beneficiary institution since the establishment of TETFund.

According to him, the trust fund disbursed this year ”shows more than three times what was allocated in the previous year.”

He said that in a bid to ensure that institutions were manned by scholars that have terminal degrees, the trust fund had placed a high premium for them to have scholarships to study for higher degrees.‎

“That is why academic staff training and development is allocated N300m for universities, N200m each for polytechnics and colleges of education as against N100m, N70m and N60m respectively, in 2015. While programme upgrade is allocated N565.41m for universities, N380.632m for polytechnics and N371.06m for colleges of education as against N100m, N70m and N72m respectively, in 2015,” stated Mr. Baffa.

RelatedNews

VIDEO: Nigeria receives 3.94 million doses of COVID-19 vaccines

Blood On Uniforms (1): Inside extra-judicial killings by police officers enforcing COVID-19 lockdown

VIDEO: Nigeria to receive COVID-19 vaccines Tuesday – Official

VIDEO: How bandits terrorised Kagara for years before students abduction

He said the trust fund would ensure it monitored the allocation disbursed to each institutions to ensure the funds were judiciously utilised.

“I make bold to say that TETFund will be all-eyes and all-ears in monitoring the judicious utilization of the allocation by all institutions,” he said.

Mr. Baffa expressed the fund’s determination to address challenges associated with assessing intervention funds by institutions in the country.

Dangote adbanner 728x90_2 (1)

The official stated that the fund had been abused in the last couple of years.

“We felt that we should look at some challenges we are facing as a fund. All of us are victims as well as culprits. We are still battling with people who are parading themselves as vendors trying to buy, sell and deal with allocation letters,” he said.

Mr. Baffa added that the allocation of 2015 was the least in the last five to six years because of abuse.

Mr. Baffa noted that all institutions must be treated equally irrespective of size and location, adding that this was the surest way of ensuring the fund returned to its paths of pursuing its mandate.

He said TETFund was the sure tool needed to help the institutions get out of the present state of “inadequate staff, paucity of funds, dilapidation and poor quality of graduates”.

He noted that polytechnics in the country were not producing skilled and qualified artisans, saying manpower was still sourced from outside the country.

ADVERTISEMENT

Mr. Baffa said that President Muhammadu Buhari had directed the fund to check and provide the polytechnics with needed intervention to support the provision of equipment for laboratories, research and training.

  • WhatsApp
  • Tweet
  • Email
  • Print
  • Telegram
  • More
  • Share on Tumblr
  • Pocket

Support PREMIUM TIMES' journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401...


JOIN THE CONVERSATION

  • Disqus (0)
premiumtimes



PT Mag Campaign AD

Previous Post

Ondo Accountant General ‘evading’ outgoing governor, Mimiko’s financial requests

Next Post

‘No cause for worry’, Buhari ‘speaks’ on his health

Ebuka Onyeji

Ebuka Onyeji

Ebuka Onyeji is a health reporter at PREMIUM TIMES. He also has a penchant for music and art. Ebuka holds a degree in Mass communication from Anambra State University.

More News

Court

Caller tunes: Court adjourns Nigerian artiste’s suit against Airtel, Globacom

March 2, 2021
Nnamdi Kanu

NBC jams Radio Biafra signals in Lagos – Official

March 2, 2021
Governor Muhammed Inuwa Yahaya

Gombe governor reshuffles cabinet, sacks three commissioners

March 1, 2021

Zero Discrimination Day: Group calls for more awareness on gender discrimination

March 1, 2021
Ibom Air hits the sky

Ibom Air lifts 500,000 passengers in 21 months – Official

March 1, 2021
Governor Yahaya Bello of Kogi state and former president of Nigeria, Olusegun Obasanjo.

Yahaya Bello meets Obasanjo over insecurity- Official

March 1, 2021
Next Post

‘No cause for worry’, Buhari ‘speaks’ on his health

Gaddafi son’s trial unfair – UN

Gaddafi son’s trial unfair – UN

Discussion about this post

Search

#EndSARS: Latest Updates




Polaris Bank


JAIZ Ad


NITDA Ad





Glo Ad

Subscribe to News via Email

Enter your email address and receive notifications of news by email.

Join 1,627,485 other subscribers.

Advertisement






netherland biz school Advert

Zenith Advert
ADVERTISEMENT

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game
  • Our Digital Network
  • About Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

No Result
View All Result
  • Home
  • COVID-19
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • News Reports
    • Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Features
    • Investigations
    • Interviews
    • Markets
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
  • Projects
    • Panama Papers
    • Paradise Papers
    • Parliament Watch
    • AGAHRIN
  • Opinion
  • PT Hausa
  • The Membership Club
  • Dubawa
    • Dubawa NG
  • About Us
  • Advert Rates
  • Careers
  • Contact Us
  • Digital Store
  • DONATE

All content is Copyrighted © 2020 The Premium Times, Nigeria

Our website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.