News
Tinubu approves N683.4bn Intervention Fund for public tertiary institutions
President Bola Ahmed Tinubu has approved the sum of N683,429,268 billion as the 2024 Intervention Funds for public tertiary education institutions in the country.
The Executive Secretary of Tertiary Education Trust Fund, TETFund, Sonny Echono, made this disclosure on January 12th, at the Fund’s strategic planning meeting with heads of beneficiary institutions in Abuja.
According to him, “Based on this approval: each university shall get, for the Year 2024 intervention cycle, the total sum of N1,906,944,930.00. This comprises N1,656,944,930.00 as annual direct disbursement and N250 million as zonal intervention.
Similarly, each polytechnic shall get N1,165,355,235.00 comprising N1,015,355,235.00 as annual direct disbursement & N150 million as zonal intervention, while each College of Education shall get N1,398,426,282.00 comprising N1,248,426,282.00 as annual direct disbursement and N150 million as zonal intervention.
-
Latest5 days agoPastor Chris Oyakhilome announces mother’s passing at 88 [VIDEO]
-
Latest7 days agoArsenal eye €70-80m move for Real Madrid star
-
Football4 days agoHow David Beckham made $51.1m from 2026 World Cup, surpassing winners’ prize
-
Crime7 days agoPolice arrest suspect, launch manhunt for 2 others over Delta Education Director’s death
-
Latest6 days agoHow adulterated palm oil, coloured pepper are putting consumers at risk
-
Crime6 days agoDeaths in NSCDC Custody: Can Nigeria guarantee the safety of detainees?
-
Latest7 days agoObi left $155m in Anambra, Otti insists amid debt controversy
-
Crime7 days ago184.5kg Cocaine Bust: NDLEA docks KC Luxury, two accomplices, remands them in custody