TETFund Announces Allocation of N2.5 billion to Each University in 2026 Intervention ...As Polytechnics Get N1.8 Billion and CoEs N2 Billion Each
The Tertiary Education Trust Fund (TETFund) has announced an allocation of N2,525,932,228.02 to each public university in its 2026 Intervention, while polytechnics will get N1,871,059,920.53 each, and Colleges of Education N2,056,527,973.04 each. The Executive Secretary of TETFund, Arc. Sonny Echono revealed this during the 2026 Strategic Planning Workshop with heads of TETFund Beneficiary Institutions held at the Fund’s Headquarters in Abuja recently. Giving highlights of the 2026 Disbursement cycle, the Executive Secretary stated that total direct disbursement represents 90.75% of the funds broken down into Annual Direct Disbursement at 50% and Special Direct Disbursement taking 40.75%. Arc. Echono expressed appreciation to President Bola Ahmed Tinubu for the timely approval of the Fund’s 2026 Disbursement Guidelines, which would enable the Fund’s intervention activities for the year to commence in time. “We express our profound gratitude to His Excellency, President Bola Ahmed Tinubu, GCFR, for his timely approval of the 2026 Disbursement Guidelines, and for his steadfast commitment to the repositioning of Nigeria’s tertiary education sector in line with the administration’s Renewed Hope Agenda. “We also wish to acknowledge the dedication of our indefatigable Hon Minister for Education Dr Maruf Alausa CON for his prompt and speedy transmission of the 2026 disbursement guidelines for Mr. Presidents approval. I must not fail to appreciate the Chairman of the Board of Trustees Rt Hon Bello Masari, CFR and all members of the Board for their tireless support and work to prepare and present the Year 2026 intervention guidelines in record time,” he said. Reflecting on the year 2025 intervention cycle, the Executive Secretary stated that TETFund recorded notable milestones and commendable progress, which included strengthened stakeholder engagements, improved policy alignment, timely implementation of intervention programmes, as well as sustained capacity-building initiatives across beneficiary institutions. Arc. Echono further revealed that to strengthen the quality and impact of research in TETFund Beneficiary Institutions, the Fund has introduced a new Intervention Line in the Year 2026 annual direct intervention, named the Nigerian Research and Education Network (Ng REN). He explained that the new intervention line aims to improve access to global academic resources and to integrate the Tertiary Education, Research, Applications and Services (TERAS) platform into NgREN with effect from 2026 Intervention. In his remarks, the Chairman of the TETFund Board of Trustees, Rt. Hon. Aminu Bello Masari expressed concern over delays by some Beneficiary Institutions in accessing previously allocated funds. He advised heads of institutions to work closely with their governing councils to accelerate access and utilization of TETFund allocations for the benefit of their institutions and the country at large, noting that Nigerians are interested in knowing how the Fund’s allocations are deployed. Present at the event were the Director Polytechnics Education and Allied Institution, Federal Ministry of Education, Dr. Ejeh Usman, who represented the Permanent Secretary, Federal Ministry of Education, Executive Secretary of National Universities Commission (NUC), Prof. Abdullahi Yusufu Ribadu, Executive Secretary of National Commission for Colleges of Education (NCCE), Prof. Paulinus Okwelle, Special Assistant to the Executive Secretary of National Board for Technical Education (NBTE), Prof. Diya’uddeen Hasan, leadership of the Academic Staff Union of Universities (ASUU), Academic Staff Union f Polytechnics (ASUP), Colleges of Education Academic Staff Union (COEASU) and others.