TETFUND reviews projects, spending in Universities


The Tertiary Education Trust Fund has inaugurated a committee to review the projects, interventions, and expenditures in universities across the country between 1999 and 2019.

The Executive Secretary of TETFund, Prof Elias Bogoro, instituted the Technical Advisory Committee on Impact Assessment in Abuja on Tuesday at an event attended by the delegates of the Academic Staff Union of Universities led by its National President, Prof Biodun Ogunyemi.

The TETFUND ES noted that the committee had two and half months to work, and would identify the weaknesses, strengths, progress, and challenges of the interventions in universities so far as well as come up with recommendations.

The impact assessment committee is to submit its report by November 29, to TETFUND.

Bogoro said, “We want the committee to identify those areas where we need improvements. We hope that your recommendations, in the end, will ensure that we increase in the ranking of Nigerian universities globally.

“There is a challenge that we have observed and it is that there is a tendency of more tertiary institutions being established just to meet the TETFUND’s requirements for funding.

“We are hoping that some policies will emerge that will try to minimize the emergence of institutions so that the impact of the interventions will not weaken.

“The terms of reference of the committee are; to carry out the impact assessment of the Education Trust Fund interventions from 1999 to 2010 and of the Tertiary Education Trust Fund from 2010 to 2019.

“The committee is to collate and analyze; the strategic plan document, the annual interventions, and the internal working budgets. They are to propose the future direction of the Fund within the statutory mandate as encapsulated in the TETFUND Establishment Act 2011.”