Tertiary Education Trust Fund said it has spent N12 billion in training researchers across universities in Nigeria in 2021.
Chairman, Board of Trustees of TETFUND, Kashim Imam who spoke in Maiduguri, Borno State on Monday, said the gesture was part of the agency’s mandate of funding the educational sector in the country.
He said, “There are 226 higher institutions where we are undertaking one hundred thousand projects from the 2021 intervention fund of TETFUND. These projects are funded from the revenue we generate in the year 2021.
“We had a revenue target of five hundred billion naira but we could only realise two hundred billion naira out of which we are using to fund these projects in the Nigerian Universities, polytechnics, and colleges of education.
“Borno State alone has seven tertiary institutions and we have projects ongoing in these seven institutions including the newly established federal polytechnic Monguno whom we gave a takeoff grant of two billion naira.
“Apart from infrastructures and physical projects, we also sponsor academics and fund research works. As at the year 2021, we invested twelve billion naira to fund research in twelve Universities, one billion naira per University.”
