Tertiary Education Trust Fund[TET Fund] seeks to massively inject funds into selected tertiary institutions to achieve a major turnaround through programme upgrade and improvement.The Tertiary Education Trust Fund (TETFund) has allocated ₦30 billion for disbursement to six universities, six polytechnics and six colleges of education under its 2023 Special High Impact intervention. The Tertiary Education Trust Fund (TETFund) has allocated ₦30 billion for disbursement to six universities, six polytechnics and six colleges of education under its 2023 Special High Impact intervention.
Mr Sonny Econo,The Executive Secretary of the fund, made this known on Thursday at a news conference in Abuja, to give further breakdown of the 2023 intervention budget of ₦320 billion recently approved by President Muhammadu Buhari. Echono said that each of the six beneficiary universities would get ₦3 billion, while each of the six selected polytechnics and six colleges of education would receive ₦1 billion.”For this year, six universities, six polytechnics and six Colleges of Education (COE) will benefit from the special high impact project.