Buhari’s N320BN Intervention Highest in TETFUND History – BMO

The Buhari Media Organization says the latest disbursement of N320bn intervention fund for public tertiary institutions is the highest ever disbursed since the Tertiary Education Trust Fund was created.

BMO Chairman, Niyi Akinsiju and secretary, Cassidy Madueke, in a statement said they have been constantly assailed with tales of poor funding of public tertiary institutions but the facts on the ground have continued to put a lie to that claim as seen in the latest TETFUND approvals to the SchooL.

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According to the TETFUND Executive Secretary, Sonny Echonor, each federal university is to get N1.154bn, the polytechnics get N699.3m each while Colleges of Education are to receive N800m each for 2023 alone.

The group added that public institutions of learning got more funding under the regime of the President Muhammadu Buhari than at any time in the nation’s history.

The Buhari-era disbursement to public universities, polytechnics, and colleges of education totaled N1.702tn compared to N1.249tn disbursed from the inception of the fund in 1993 to 2014.