FG approved 20 private varsities in 2021

TETfund to share N300b to 226 schools in 2021

 TETfund to share N300b to 226 schools in 2021. The Tertiary Education Trust Fund (TETFund) has said over N300 billion would be disbursed in 2021 to about 226 tertiary institutions in the country for staff training and infrastructural projects development.

Chairman, Board of Trustees, Tetfund, Kashim Ibrahim-Imam, made this known in Asaba at an audit and accounts reconciliatory meeting with the benefiting institutions in Delta.

He assured that TETFund was committed to building the education sector through training of the academic staff and the building of projects that would make teaching and learning more conducive.

He said the 10-year-old agency had over 10,000 projects across the various tertiary institutions in the country.

“Our performance impact is visible in every institution. At the University of Lagos alone, we have completed and ongoing 75 projects.  At Lagos State University, we have 68 projects.

“There is no tertiary institution that I have visited that does not have at least a minimum of 50 completed and ongoing projects fully funded by Tetfund and I want to assure all the institutions that we are going to do much more than we have done in the past.

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On Academic staff training and development, Ibrahim-Imam said, “In the past 10 years, TETFund has successfully trained more than 30,000 lecturers across the country for Masters and Ph.D. programs locally and internationally.

“This year alone, the overall budget of TETFund is about N300 billion: each university will be accessing an overall budget of about N900 million, each polytechnic will be accessed in excess of N800 million while the colleges of education will access in excess of N700 million.

“We have about 226 tertiary institutions on our records as at the last count and we are counting more; for academic staff training and development, each university will access about N150 million, Polytechnic and colleges of education N120 million each this year.

He stressed the need for various institutions to evaluate the costs of staff training abroad vis-a-vis the need for local training owing to depreciation of the naira.

He said, although, TETFund places premium on academic staff training and development, more funds are deployed to infrastructure.

He said it is necessary to ensure lecturers and students have a conducive learning environment.

His words: “For this reason, physical infrastructure takes up about two-thirds of our annual intervention but we place our premium on the training of lecturers and that is why you have so many beneficiaries of our training program here and we are here to see you physically and hear from you’’.

Mr. Muhammad Sulaiman, Head, Academic Staff Training and Development, TETFund disclosed that no fewer than 1,127 lecturers have been trained from nine tertiary institutions in Delta State by TETFund at the cost of over N5 billion between 2015 to date.

Suleiman said the visit is to harmonize the records with beneficiaries of the program and also to interact with returnee scholars to tap from their experience particularly those that have traveled overseas in the period under review.

“From inception, TETFund has invested over N161 billion for staff training and over N32 billion for conference attendance and teaching practice, and out of this investment, we have trained both locally and internationally more than 30,000 academic staff across the country.

“We also sponsored over 68 conference attendants and over 79, 000 for teaching practice outings. The essence of the exercise cannot be over-emphasized because there has never been an attempt since inception by the fund to look at both ends in terms of record-keeping”.

Some beneficiaries of the program lauded the fund while asking for the expansion and timely release of funds to beneficiaries

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By Olumide Sekunowo

Content Author for @study4naija

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