Top Stories

Tinubu Okays N683 Billion to Revitalise Nigerian Tertiary Education

President Bola Tinubu has approved N683,429,268 billion as the 2024 intervention fund for public tertiary schools in the country.

The Executive Secretary of Tertiary Education Trust Fund, TETFund, Sonny Echono, made this disclosure on Friday at the Fund’s strategic planning meeting with heads of beneficiary institutions in Abuja.

According to him, from the total, 90.75 per cent is earmarked for direct disbursement, 8.94 per cent for some designated special projects, and 2.27 per cent is budgeted for response to emerging issues.

He also disclosed that each university shall get for the Year 2024 intervention cycle, the total sum of N1,906,944,930.00, polytechnic N1,165,355,235.00 while each College of Education has N1,398,426,282.00.

The intervention fund is expected to go a long way in addressing the long the decades-long calls for better funding of schools in Nigeria.

Lecturers in the country’s public schools have often resorted to strikes to drum home their demands which also included better pay and improved facilities for learning institutions.

In late 2022, university lecturers suspended an eight-month strike over pay, welfare, and crumbling facilities, the latest industrial dispute to hit Africa’s most populous nation.

The strike by the Academic Staff Union of Universities (ASUU) had shut down federal government-owned universities since February 14 that year despite talks with the government to find a truce.

That strike was the second longest by ASUU, known for its work stoppages. In 2020, during the Covid-19 pandemic, the university teachers went on strike for nine months.

The demands of the lecturers are the same as in previous strikes — higher pay, improved welfare, increased funding, and upgraded facilities.

admin

Recent Posts

Ford Trims Workforce: 4,000 Jobs to Go in Europe

US car giant Ford on Wednesday announced 4,000 more job cuts in Europe, mostly in…

1 day ago

Tinubu Dissolves UNIZIK Council, Sacks VC, Registrar, Otukpo Pro-Chancellor

  President Bola Tinubu has approved the dissolution of the Governing Council of Nnamdi Azikiwe…

1 day ago

Ekiti Workers to Earn N70,000 Minimum Wage as Govt Signs MoU with Unions

  The Ekiti State Government has reached an agreement with labour leaders in the state,…

2 days ago

N610bn Constituency Projects Under ICPC Scrutiny in 21 States, FCT

  The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has initiated the seventh…

2 days ago

Iraq Undertakes Historic Census After 40-Year Gap

Iraq is holding its first nationwide census in nearly four decades this week, a long-awaited…

2 days ago

Relief as Rep ‘Lafi’ Empowers 300 Constituents Through Skill Acquisition Programme

  Over 300 constituents of Akinyele/Lagelu Federal Constituency in Oyo State benefitted from a skill…

3 days ago