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Main » 2012 » September » 28 » FG allocates N25 billion to tertiary institutions
11:54 PM
FG allocates N25 billion to tertiary institutions
The Minister of Education, Professor Ruqayyatu Ahmed Rufa’i, has announced the allocation of N25 billion as Special High Impact Project fund for tertiary institutions for 2012.

She made the announcement recently at the opening of the Annual Strategic Planning Workshop, organised by the Tertiary Education Trust Fund (TETFund), for Vice-Chancellors, Rectors, Provosts and other principal officers of federal and state universities, polytechnics and colleges of education, held at the National Universities Commission (NUC), Abuja.

Professor Rufa’i disclosed that 12 institutions had been selected for the 4th Phase of the special intervention on the principle of one university and one polytechnic or college of education per geo-political zone. Each university is allocated the sum of N3billion, while Polytechnics and Colleges of Education receive N1billion each. The funds, she said, shall be used for programme upgrade and improvement of the teaching and learning environment of the institutions.

The Minister reiterated government’s commitment to reinvigorating tertiary institutions to systematically upgrade the infrastructural and instructional facilities in order to encourage the training of high level manpower for the nation and eventual emergence of centres of excellence through the TETFund high impact intervention. She added that other institutions would benefit from the process, which is a continuous one.

While expressing delight at the steady increase in allocations to higher institutions over the years, the Minister noted that each university was to receive N598 million, while polytechnics and colleges of education would receive N339.5 million and N321 million, each, respectively, as regular intervention. She emphasised that the beneficiaries must understand that TETFund’s interventions need to be properly prioritised and applied to projects that directly add value to teaching, learning and research. She also called on the Fund to intensify its monitoring activities in order to ensure the effective implementation of both the regular and special interventions.

 In his welcome address, the Executive Secretary, TETFund, Professor Mahmood
Yakubu, , tasked beneficiaries to target projects that were of utmost priority and put in place facilities that would be judiciously utilized in their institutions. He said benefiting institutions must submit two-year operational and five year-strategic plans as prerequisites for accessing the funds, as these would enable TETFund monitor their implementation.

Professor Yakubu advised them to be prudent and transparent in the management of funds and to review implementation every quarter, so as to determine grey areas, stressing that the funds are meant to build world class institutions in Nigeria.
In a goodwill message, NUC Executive Secretary, Professor Julius Okojie, said the Commission was collaborating with TETFund, to consolidate on quality assurance, disclosing that results of NUC’s accreditation visits to universities would henceforth be submitted to TETFund and used as a criterion for accessing the intervention funds.

 He called on institutions to embrace good governance and proper handling of students’ records, as it was crucial to their effective functioning. In his words, "any university that has interim or denied accreditation status would not be allowed to embark on a new project until existing projects have been completed.”

Professor Okojie decried the habit of universities employing too many adjunct professors, warning that, very soon, NUC would embark on forensic audit of staff, students and programmes so as to flush out the bad eggs in the System.

Representative of the Chairman, Senate Committee on Education, Senator Atiku Bagudu, said the Senate was ready to provide the legislative framework to ensure judicious implementation of the funds.

Similarly, the Chairman, House of Representatives Committee on Education Dr. (Mrs.) Rose Okoh, called for strict measures of monitoring and evaluation to ensure prudent expenditure.

The institutions benefitting in the 4th Phase intervention are: South West University of Lagos Federal Polytechnic, Ibadan South East Anambra State University, Uli Alvan Ikoku College of Education, Owerri South-South University of Calabar Delta State College of Education, Agbor. North West Kebbi State University of Science and Technology, Aliero Federal Polytechnic, Kaura- Namoda North East Modibbo Adama University of Technology, Yola Bauchi State College of Education, Azare North Central Benue State University, Makurdi Federal Polytechnic, Nasarawa
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