TETFund increases budget by 40% to N500 billion for tertiary institutions in 2022

The Chairman Board of Trustees of the Tertiary Education Trust Fund (TETFund), Kashim Ibrahim Imam, has said the intervention agency would require the sum of N500 billion for its activities in 2022, an increase of 40 percent from this year’s spending.

The Chairman Board of Trustees of the Tertiary Education Trust Fund (TETFund), Kashim Ibrahim Imam, has said the intervention agency would require the sum of N500 billion for its activities in 2022, an increase of 40 percent from this year’s spending.

Alhaji Ibrahim said the money would be deployed to critical infrastructure, research, publications, laboratory equipment, e-learning, hostel accommodation, solar power generation and other interventions in tertiary institutions across the country.

The money, he said, was contingent upon the several academic learning, research and infrastructural demands on ground from the various institutions of learning across the country targeted at improving the ranking of the Nigerian universities in global rating.

The TETFund Chairman, who disclosed this in an interview with journalists in Maiduguri during an inspection visit to completed and ongoing projects in tertiary institutions in Borno and Yobe states, said: “Last year we budgeted N250 billion; this year it was N300 billion and we are targeting N500 billion (in 2022) in order to increase funding to tertiary institutions in our efforts to provide more interventions to critical infrastructures, research and training.

“Others include energising the campuses, library interventions, e-learning and hotel accommodation among others to our tertiary institutions and improve the rating of our universities in global ranking as such we have contracted a firm to work with Federal Inland Revenue (FIRS) to meet our target.”

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The Commander, U.S. Africa Command, U General Stephen Townsend, wrapped up a three-day West African visit February 22-25, 2021, with a stopover in Nigeria to meet with the nation’s leaders and further the long-standing partnership and security cooperation between the two countries.

A press statement by the Embassy on Friday, said: “During the visit, Townsend met with the Nigerian President’s Chief of Staff, Ibrahim Gambari, and National Security Adviser, Babagan Monguno, to discuss regional security issues and to express the command’s gratitude for the assistance provided during a hostage rescue operation last year.

“When we asked for their help, the Nigerian government answered the call. Our hostage recovery mission in October would have been impossible without their support.

“They quickly provided assistance that helped the U.S. military to save an American life. That is a strong example of our partnership with Nigeria.”

Townsend also met with senior military officials, including the Minister of Defence, Bashir Salihi Magash, and the Chief of Defence Staff, General Leo Irabor, to talk about on-going cooperation in the region and greater maritime security and threat mitigation.

Nigeria is a key partner in countering violent extremist organizations throughout the Lake Chad Basin.

Townsend said furthermore: “The bilateral relationship between Nigeria and the U.S. is built on several pillars including security cooperation.

“U.S. Africa Command will do our part to advance the security cooperation pillar, so that Nigerians can enjoy the more secure future they all deserve.”

As close partners, the U.S. and Nigeria have worked at ensuring the collaborative relationship continues to grow to include a commitment to interoperability. Nigeria purchased 12 A-29 Super Tucano light attack aircraft, which will be delivered later this year.

“Nigeria’s purchase of A-29 Super Tucano aircraft is another example of their commitment to interoperability and security in the region,” he added. “Our economic relationship with Nigeria is already strong, and we look forward to the continued strengthening of security relationships. Nigeria’s leaders understand the importance of a collaborative approach to ensuring stability in West Africa and partnering on areas of mutual interest.”

The Commander also met with the U.S. Ambassador to Nigeria, Mary Beth Leonard.

Leonard said: “General Townsend’s visit to Nigeria demonstrates the strategic importance the United States places on our bilateral relationship with Nigeria.

“Our security cooperation partnership with Nigeria’s military will strengthen the country’s capabilities to secure land and sea borders, enhance overall security, and combat terrorism in the North East.”

As part of the visit, Townsend participated in a wreath-laying ceremony at the Nigeria Military National Cemetery to honour those who have given their lives in the service of their nation.

During the visit, the delegation expressed their condolences for the seven service men killed in the crash of a Nigerian Air Force aircraft in Abuja.