Monday, August 24, 2026

TETFund expended N320 billion on interventions in 2023: Official

He said the figure being spent on interventions kept increasing every year.

• December 18, 2023
TETFund
TETFund

Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund), has said that the fund expended N320 billion on interventions in tertiary institutions across the country in 2023.


Mr Echono disclosed this while speaking to journalists after the TETFund management retreat in Makurdi on Monday.


Mr Echono, who said the retreat was to assess their performance in 2023, said that over N400 billion had been disbursed to tertiary institutions over the years.


He said the figure being spent on interventions kept increasing every year because more institutions were being enlisted in the TETFund intervention programme.


Mr Echono said the intervention programmes range from infrastructural development of tertiary institutions to sponsoring lecturers on master’s and PhD programmes overseas.


He expressed concern at the alarming number of Nigerian university lecturers who absconded after studying abroad under TETFund sponsorship.


The TETFund boss said that the board would make the absconded lecturers refund money expended on them or be repatriated.

He said the organisation had put in place measures to ensure that the university lecturers who absconded were sanctioned.


“I don’t want to give figures because it’s alarming; it’s very sad that this opportunity that has been given is being abused.


“The figure is comprehensive, which is why it’s a bit large because there are others who have come back home but did not complete the minimum of their bond before deciding to relocate, or Japa as it’s called nowadays.


“We have a database now, which we are refining each time because the institutions are the ones submitting the report.


“Although it is a difficult thing to get accurate reports for some, it’s not that they absconded, but they exceeded their course period.


“But some have extensions in their programme, but we have a very good idea, and the number is not encouraging.


“What we are doing, first as a soft landing, we are requiring anybody who has benefitted from our programme and does not come back to make the full refund of the money expended on training them.


“The other option, which is the harder one, is that we are collaborating with our embassies, the embassies of the country where they are and the institutions to repatriate them”, he said.


(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

President Bola Tinubu, Jolly Nyame and Joshua Dariye

Heading 4

Tinubu, APC rewarding corrupt politicians, Nigerians react to Nyame, Dariye’s appointment as campaign council members

Nigerians have reacted to the appointment of two former governors, Jolly Nyame and Joshua Dariye, as members of the presidential campaign council for 2027.

Free Medical Outreach

Health

Youth group screens 100 indigents for genotype, hepatitis in Kwara

The Young and Gifted Youth Development Initiative (YGYDI) organised a free community health outreach for residents of Ajangbadi, Ilorin South LGA.

NAFDAC

Heading 5

NAFDAC orders nationwide recall of banned alcoholic beverages

NAFDAC ordered manufacturers of alcoholic beverages below 200ml to commence nationwide recall and stop further production.

National Commission for Nomadic Education

NationWide

5.2 million nomadic children remain out of school: NCNE

The NCNE said the affected children included those of nomadic pastoralists, migrant fishermen, and migrant farmers whose lifestyles limited access to conventional schools.

training session

NationWide

Environmentalist urges LGs to turn policies into practical interventions

Mr Odugala said local governments are closest to the people and well positioned to turn development policies into meaningful interventions.

Foremost Capital

Economy

Foremost Capital bags BBB+ rating, grows assets by 250%

Asset management firm Foremost Capital secured the BBB+ rating from DataPro.