News
TETFund To Increase Disbursement To Institutions In 2024 Budget
The Tertiary Education Trust Fund (TETFund) says it has budgeted a significant increase in annual direct disbursements in response to improvement in tax collections.
The Executive Secretary of TETFund, Sonny Echono, made this known in Abuja yesterday at an Interactive session with heads of beneficiary institutions on the disbursement guidelines for 2024 intervention cycle.
The executive secretary, who appreciated the Federal Inland Revenue Service (FIRS) for its diligent efforts in collecting the education taxes, said that the 2023 collection was being allocated by the fund for the 2024 intervention projects.
Echono also said that its 2023 collection of education tax was the highest in a single year since inception.
The TETFund boss also attributed the high revenue to increases approved by the former and present administrations to 3 per cent of accessible profit and other factors diligently implemented by the FIRS in collaboration with the TETFund.
Speaking on the proposed areas of focus under the 2024 intervention programme, he said TETFund had budgeted a significant increase in annual direct disbursements in response to improvement in tax collections.
According to him, 90.54 per cent of taxes generated is budgeted for direct disbursement and designated 6.5 per cent for some projects and 2.94 for stabilisation to enable the fund respond to emerging issues, all of which are subject to final distribution/approvals.
“The proposed new interventions in the annual direct disbursement include the establishment of Career Centre/Unit in all categories of beneficiary institutions, as well as institution-based skills development for polytechnics to improve the employability and career prospects of students.
“For the Special Direct Disbursement, we have increased the allocation and number of beneficiary institutions for the Special High Impact Programme (SHIP),” he said.
He added m that SHIP would also focus on “provision of hostels using the Public Private Partnership arrangement for selected beneficiary institutions.
“We have sustained provisions for: Disaster recovery, Security Infrastructure; and Completion of abandoned projects.
“We have also sustained allocations for Research including National Research Fund Research and Innovation Fund, Up take of research findings to commercialisation, supervision of scholars Phd research.
”We have made provision for 4 Central Multipurpose Laboratories and an additional provision for the 3 Agricultural Laboratories/Farms initiated in 2023.
“We have sustained the implementation of the ICT roadmap with provision for converged services, subscription services for fixed cable /internet access and the Tertiary Education Research Application Services (TERAS) initiative.
“There will be upgrade of Laboratories, Workshops and Equipment to Universities, Polytechnics and Colleges of Education (Technical) for the 2024 Intervention Year. There will also be the Early grade resource centers phase II to Colleges of Education (NCCE),” he said.
He described the year 2023 as “an impactful year that had witnessed series of programmes such as the development of the TETFund ICT roadmap culminating in the deployment of the BIMS and launching of the TERAS platforms.
He added that there had also been the commencement of the designs and strategy for the innovation hubs to selected beneficiary institutions, and the constitution of the committee for the establishment of two central research laboratories.
Echono expressed the fund’s determination to deepen research, promote innovation and honing of skills, encourage the discovery and development of creative talents amongst scholars and especially the students as a major pillar of the renewed hope agenda of the present administration.
He appealed to external stakeholders, including the National Assembly, to minimise distractions as TETFund mobilises, harnesses and efficiently deploys all hands to the plough in restoring the tertiary institutions to the enviable heights envisioned by President Bola Tinubu.
Also, the Permanent Secretary, Federal Ministry of Education, Mr David Adejo, described TETFund as one of the agencies that gave succour to government when problems with unions in tertiary institutions arose.
Adejo commended the management of the fund for deciding to raise the disbursement percentage to 90.54 per cent instead of leaving it at the over 80 per cent disbursed in 2023.
According to him, the current administration has started weaning universities, polytechnics and colleges of education of government resources, something that should have begun long ago.
On his part, the Executive Secretary, National Commission for Colleges of Education(NCCE), Prof. Paulinus Okwelle, who also commended the fund for its activities, said there were no abandoned projects in colleges of education across the country.
Okwelle said some projects started by the fund in 2023 were already being commissioned, indicating that provosts of the colleges were doing very well in supervising the projects.
He however called for the maintenance of old infrastructures in some colleges of education as they were gradually decaying.
News
Be Patient With Us, Diri Tells Bayelsans … Inspects New 60mw IPP …Expresses Confidence In Technical Partners, BECL MD
News
Akpabio Withdraws All Defamation Suits After Priest’s Sermon
The Senate President, Senator Godswill Akpabio, has directed his lawyers to withdraw all ongoing defamation lawsuits against several individuals, saying he was moved by counsel during a New Year Mass.
Speaking at the Sacred Heart Parish in Uyo, yesterday, Akpabio said he had filed nearly nine lawsuits against individuals he accused of defaming him.
He said, “I had almost nine cases in court against some individuals who defamed me, who lied against me, who slandered my name.
“But I listened to the priest and suddenly realised he was talking to me, so I hereby direct my solicitor to withdraw all lawsuits against them.”
In 2025, Akpabio had filed several high-profile defamation lawsuits, including one against colleague Senator Natasha Akpoti?Uduaghan.
In late 2025, Akpabio filed a N200 billion defamation lawsuit against her over allegations of sexual harassment, which he denied and urged her to substantiate in court.
Earlier in the year, Akpabio’s wife also filed defamation suits against Akpoti?Uduaghan over claims she said had harmed her family’s reputation.
Relations between the two lawmakers soured after Akpoti?Uduaghan accused Akpabio of influencing her suspension from the Senate in March 2025, following her public allegations of misconduct.
The Senator had previously challenged actions taken against her in court, including a N100 billion defamation suit she filed against Akpabio and other defendants over alleged remarks that she said damaged her reputation.
With yesterday’s announcement, Akpabio has formally ended all pending legal disputes arising from defamation claims, signalling closure to the publicised litigations as the year begins.
News
‘Best Way To Show Gratitude Is To Deliver Tinubu in 2027’
Rivers State Governor, Sir Siminalayi Fubara, has declared that the best form of gratitude Rivers people owe President Bola Ahmed Tinubu for protecting the interest of the State is to galvanize massive support for the President in 2027.
Fubara disclosed this last Monday during the commissioning of Permanent Secretaries Quarters built by his administration at Elimgbu in Obio Akpor Local Government Area of the State.
He said that the State has what it takes to deliver the President during the 2027 general elections.
“We’ve taken a decision,our decision is for the good of Rivers State, our decision is to say thank you for the protection we have from Mr President, our decision is to prove that we have what it takes to deliver Mr President.”
Fubara expressed delight over the completion of the project, stating that the initiative was to provide accommodation, a basic need of life for public servants in the state to improve their productivity.
He explained that lack of effective social welfare was at the root of some incriminating actions that undermine the purpose of governance, noting that the commissioning of the newly built Permanent Secretaries Quarters marks a significant milestone in civil service welfare and institutional development.
“Insecurity begins when individuals are uncertain of what the next hour holds. This situation is especially challenging for family men and women, affecting confidence and decision-making,” he observed.
Fubara emphasized the need for proper maintenance of the facility and urged the beneficiaries to protect the project like a personal property, while directing the State Head of Service to appoint a facility manager to ensure long-term maintenance.
In her remarks, the Special Guest of Honour and Head of the Civil Service of the Federation, Mrs Didi Esther Walson-Jack, who unveiled the project, expressed appreciation to the governor and Rivers State for inviting her to commission the project.
She commended Fubara for prioritizing the welfare of Permanent Secretaries who are senior public servants and accounting officers, noting that the project reflects purposeful and visionary leadership, and urged other states to borrow a cue from the Rivers State Governor.
Walson-Jack described the initiative as a strategic investment in staff welfare and institutional continuity which she noted is in line with Renewed Hope Initiative on provision of mass housing and social stability.
“The commissioning of these houses reflect a deliberate commitment to the dignity, welfare, and productivity of senior public servants responsible for policy coordination and service delivery,” she said.
In his goodwill message, the National Secretary of the All Progressives Congress (APC), Senator Ajibode Bashiru, who led a high powered delegation on a visit to the governor, congratulated Rivers people for aligning with the Pan Nigerian political party, assuring that the interest of Rivers State will be duly protected in the APC.
He described President Bola Tinubu as a detribalised Nigerian who anchors his leadership on equity, fairness and justice, adding that the APC will provide a level playing ground for all.
The APC chief scribe also commended Fubara for providing good accommodation for public servants, stating that it will address issues of sabotage, compromise and disloyalty on the part of public servants.
Giving the project description, Permanent Secretary, Rivers State Ministry of Works, Dr. Austin Ezekiel-Hart, said the estate comprises 29 units, including nine standalone duplexes and 20 terrace buildings.
Facilities feature a water treatment plant, synchronized power generators, CCTV and alarm systems, a gym, recreational areas, and green spaces—designed to enhance comfort, performance, and productivity.
Earlier, the Head of the Rivers State Civil Service, Dr Mrs Inyingi Brown, had thanked the governor for his visionary initiative and unwavering commitment to the welfare of Rivers State Civil Servants, and restated the commitment of the State civil servants to the success of Fubara’s administration.
By: Taneh Beemene
-
Sports3 days agoAFCON ’25: Osimhen Not Worried By Yekini Comparison, Pressure
-
Politics3 days agoYou Have No Power To Drop Me, Ekiti PDP Candidate Tells INEC
-
Sports3 days agoOgoni Nation Cup : Coach Praise Players In spite 2-0 Loss
-
Sports3 days agoRemo Stars set for Ikenne return
-
Sports3 days agoSoname Calls For NPFL referees demotion
-
Sports3 days agoChelsea Set To Part Ways With Maresca?
-
Sports3 days agoTackling age falsification among athletes In Nigeria
-
Business3 days agoKALCCIMA PROMISES KALABARI ECONOMIC GROWTH, INAUGURATES NEW EXECUTIVES
