The Tertiary Education Trust Fund (TETFund) has been described as a central driver of President Bola Tinubu’s reform efforts in the tertiary education sector.
Speaking at the fifth media stakeholders’ seminar organised by the Sobi FM chapel of the Nigeria Union of Journalists (NUJ), Kwara State, in collaboration with the Nigeria Media Parliament, a board member of the federal government agency, Engineer Nurudeen Adeyemi, stated that TETFund has been deployed by the President as a vehicle for transformative change across Nigeria’s tertiary institutions.
Engineer Adeyemi also noted that TETFund’s sustained interventions in infrastructure development, academic training, research funding, and innovation have positioned it as a transformative force within the nation’s education sector.
He emphasised that the agency has remained committed to driving the vision of President Tinubu, which seeks to reposition Nigeria’s tertiary institutions to meet global standards and equip students with the skills needed for a competitive and evolving world.
“Through targeted investments in infrastructure, human capital, and research, the Fund is advancing the administration’s vision for a modern, accessible, and future-ready education system,” he said.
He further highlighted TETFund’s role in the implementation of the Nigeria Education Loan Fund (NELFUND), stating that the agency serves as the primary financier of the initiative.
NELFUND, launched as part of President Tinubu’s commitment to student financial support, aims to improve access to higher education through a sustainable, long-term financing framework.
“This is not just a political project. It is designed to have a lasting impact on future generations, far beyond the tenure of the current administration,” he added.
The seminar, themed The Role of TETFund in Repositioning Nigeria’s Higher Education, brought together media professionals, education stakeholders, policy experts, and civil society actors, who deliberated on strategies to enhance public awareness of TETFund’s contributions and foster accountability in the education sector.
TETFund, established in 2011, is mandated to manage, disburse, and monitor education tax collections to public tertiary institutions in Nigeria, focusing on capital projects, research, and capacity development.
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