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Reading: FG Allocates N940 Billion to TETFund in 2025 Budget
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trendingschoolnews.com > Blog > News > FG Allocates N940 Billion to TETFund in 2025 Budget
FG allocates N940 billion to TETfund in 2025 budget
News

FG Allocates N940 Billion to TETFund in 2025 Budget

Ahunda David
Last updated: February 3, 2025 3:05 pm
By Ahunda David
2 Min Read
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The Federal Government of Nigeria has allocated a substantial N940 billion to the Tertiary Education Trust Fund (TETFund) for the 2025 fiscal year, marking a significant investment in the nation’s higher education sector. This allocation is part of the government’s continued effort to improve infrastructure, research, and quality education in Nigerian tertiary institutions.

TETFund, which was established to support the development of public tertiary institutions across the country, will utilize the funds to address critical issues such as the enhancement of teaching facilities, the provision of research grants, and the development of human capital. The fund will also focus on upgrading libraries, laboratories, and ICT infrastructure in universities, polytechnics, and colleges of education.

Education stakeholders have hailed the government’s decision, describing it as a timely and essential boost for the sector. With universities and other higher institutions grappling with inadequate resources, the allocation is expected to support ongoing efforts to modernize the learning environment and create an enabling atmosphere for academic excellence.

The Minister of Education, Mallam Adamu Adamu, noted that this investment would play a pivotal role in improving the quality of education and making Nigerian universities globally competitive. He emphasized that the funds would be directed toward projects that align with the government’s goal of producing highly skilled graduates who can contribute to the nation’s economic growth.

TETFund is also expected to increase its support for innovation and entrepreneurship within Nigerian universities, equipping students with the skills necessary for self-reliance and job creation. This aligns with the broader vision of fostering sustainable development through education and research.

The announcement has been widely welcomed by students and academic staff who anticipate that the increased funding will address long-standing infrastructural and operational challenges in Nigerian universities.

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TAGGED:2025 government budgeteducational developmentgovernment support for universitieshigher education investmentNigerian education budgetNigerian education reformresearch fundingtertiary education fundingTETFund allocationuniversity infrastructure
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