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Thursday, 11 July 2019

TETFund Releases N208bn to Public Varsities, Polys Colleges for Research, Libraries


Image result for Tertiary Education Trust Fund (TETFund boss, Bogoro



To strengthen higher education in Nigeria through research development, libraries and laboratories among others, the Tertiary Education Trust Fund (TETFund) has released the sum of N826,684,392.00 to each of the 91 public universities, bringing the total to N208 billion.



The agency said the overall student population in the country represents 94 per cent in public institutions, noting that N566,701, 842.00 and N542,226,346.00 have also been released to each polytechnic and college of education in the country respectively.



In addition, TETFund disclosed that in its High Impact Intervention programme, six universities in each geo-political zone would receive the sum of N3 billion each, while N2 billion and N1 billion would be paid to polytechnics and colleges of education respectively.

 Image result for Tertiary Education Trust Fund (TETFund boss, Bogoro

The Executive Secretary of TETFund, Prof. Suleiman Bogoro, who made the disclosures in Abuja on Thursday during a meeting with heads of public tertiary institutions, said too much emphasis has been placed on physical infrastructure at the expense of research, publication of journals, libraries and laboratories, which he observed were the missing link to change the position of Nigerian universities in global ratings.


While appreciating the ongoing debate on the increase of TETFund consolidated revenue from two per cent to three per cent, Bogoro said there was the need for state governments to halt the establishment of more universities, which are allegedly abandoned with the belief that special interventions from the agency would come.

He noted that TETFund is an intervention agency and not the owner of the institutions.



Prof Bogoro said: "If we do not deepen research, we are only pretending that we can compete favourably with other institutions globally.  It is time to focus on content component. Focus more on research, libraries and laboratories, publication of journals and research centres. There has been too much emphasis on physical infrastructure. 

"I am worried over the increase of state-owned universities because they want to enroll in as TETFund beneficiaries. Institutions should not just be created because when there is an increase in the number, the input in terms of intervention will decrease and this ought not to be so. TETFund is an intervention agency and we are not expected to act as if we own the institutions.

"In the high impact intervention, each institution in the six geo-political zones will benefit in the 2019 disbursement. We will avoid cases of over-favouring a particular state, as subsequently, other institutions and states will benefit too.”

Recalling allegations levied against him on corruption, which led to his removal, the TETFund boss said: "I asked God for three things which were justice, vindication and restoration. The president investigated the matter and did me justice and asked me to return to my former office. He did the unusual, something unprecedented."

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