SIX Varsities To Get New N18BN Special Funds

Date:

Reading time: 0 Minute

 

The Tertiary Education Trust Fund (TETFund) has revealed that N18 billion will be disbursed to six public universities under its Special High Impact Intervention.

The Executive Secretary, TETFund, Sunday Echono, said this during a press briefing on Thursday.

He further noted that N3 billion will be given to six selected varsities, N1 billion each to six polytechnics and six colleges of education across the country.

He added that over 95 per cent of the 2023 Intervention Budget N320 billion total TETFund’s disbursement of 2023 would go directly to beneficiary tertiary institutions.

The remaining five per cent of the allocation, according to Echono, would be used for staff salaries and allowances, project monitoring and zonal capital projects.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

NLC Condemns Eviction of Oil Workers, Demands End to Military Intervention at Oil Rig

The Nigeria Labour Congress (NLC) has strongly condemned the...

NMA Withdraws Services Over Alleged Assault on Kano Doctor

The Nigerian Medical Association (NMA) in Kano State has...

N-Power Beneficiaries Petition Minister Over Unpaid Stipends

A group of N-Power scheme beneficiaries has submitted a...

NNPCL Debunks Viral Video Claiming Adulterated Fuel Sale at Nasarawa Outlet

The Nigerian National Petroleum Company Limited (NNPCL) has distanced...