TETFund Allocates over ₦30bn to Boost Security in Tertiary Institutions
The Tertiary Educational Trust Fund (TETFund) has invested more than N30 billion in 2024 to improve security across Nigerian universities, polytechnics, and colleges of education. This update was shared by the Chairman of the Board of Trustees, Aminu Masari, during a briefing in Katsina.
According to Masari, the investment is already yielding results, with many campuses reporting a safer environment for students, lecturers, and non-academic staff. He emphasized that TETFund security intervention aligns with the federal government’s broader agenda to create a more secure and conducive academic atmosphere nationwide.
Masari explained that the Fund introduced a dedicated security budget line, similar to the existing provision for electricity projects. This allows institutions to access funding for safety-focused initiatives such as solar-powered streetlights, perimeter fencing, surveillance systems, and other infrastructure designed to reduce security risks.
He also praised President Bola Tinubu for his continued support to the Fund, highlighting the approval of a 50% Development Levy in the 2024 Nigerian Tax Bill. The levy, set to take effect in January, is expected to significantly enhance TETFund financial capacity to deliver key interventions across the tertiary education sector.
To strengthen transparency and collaboration, Masari noted that TETFund recently held a national town hall meeting that brought together policy makers, lawmakers, ASUU leaders, vice chancellors, and students. The forum served as a platform for open dialogue, enabling stakeholders to share ideas, make recommendations, and assess the progress of ongoing projects.
He added that the engagement helps TETFund tackle emerging challenges while ensuring that its policies remain inclusive and aligned with the needs of Nigeria’s tertiary education system. According to him, the Fund is committed to positioning the nation’s institutions for global competitiveness in research, manpower development, and infrastructure.
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