Federal Government has allocated N940.5 billion to Tertiary Education Trust Fund (TETFund) in 2025 fiscal year, to enhance manpower and infrastructure development in the education sector.
Gatekeepers News reports that President Bola Ahmed Tinubu revealed this at the 42nd Founders’ Day and 33rd Convocation of Federal University of Technology, Minna on Saturday.
Tinubu represented by Rakiya Iliyasu, Director of Tertiary Education, Federal Ministry of Education, said the gesture demonstrates his administration’s commitment towards improving educational infrastructure and manpower.
He noted that federal government had disbursed over N104 billion in loans to more than 600,000 students across tertiary institutions under Nigerian Education Loan Fund (NELFUND).
The president reiterated his administration’s commitment to fostering a knowledge-driven society, prioritising education in its policies and funding initiatives.
Tinubu urged universities to deepen collaborations with industries, aligning research with societal needs to contribute meaningfully to national development.
He congratulated the graduates for their resilience and determination and enjoined them to embrace their new chapter with confidence and purpose.
Vice-Chancellor, Prof. Faruk Adamu-Kuta described the institution’s 42nd Founders’ Day and 33rd Convocation Ceremony as historical.
He said the university had grown to become a leading institution in technological education in the country, ranking 8th on the index of best universities in Nigeria and 2nd among specialised universities.
Niger State Governor, Umaru Bago thanked the university for conferring on him a Doctorate Degree in Agriculture, saying that it served as a call to do more in the sector.
He reiterated his commitment to collaborate with individuals to make education accessible to every citizen of the state and urged the university to continue to take the lead in training and innovative research.
The governor advocated for stronger ties with the state government to ensure the institution’s sustainability through agriculture.
Bago donated N100 million to the
endowment fund established by Sen. Muhammad Sani-Musa who also donated N200 million.
