Mr. Sonny Echono, Executive Secretary of the Tertiary Education Trust Fund, said that in the fiscal year 2023, over 70 projects were commissioned across 17 higher institutions in 11 states nationwide.
Echono stated that the agency wanted to treble the amount in 2024 based on the Federal Government’s increased financing to the education sector, providing the benefiting institution follows regulations.
Speaking on Monday during the inauguration of two projects supported by TETFund and carried out on the campus of Osun State College of Technology, Esa-Oke, for the fiscal years 2017 and 2019 (Merged),
Echono, who was represented by Mr. Okunola Kolapo, Director, Human Resources, TETFund, said:
“This event forms part of an ongoing series of project commissioning that the Fund had embarked upon this year in our beneficiary institutions spread across the country.
“So far in this year alone, over 70 projects have been commissioned in 17 beneficiary institutions across 11 States of the Federation and the count is still on.
“The two projects to be formally inaugurated today were doggedly executed between years 2019 and 2022 at a total cost of N361,232,123.88. They include a storey block of offices for the Office of Technology Management (OTM) and a 600-seater capacity Auditorium.
“No doubt, the financing of the projects by TETFund is a clear demonstration of the Federal Government’s commitment to the provision of requisite physical infrastructure in the nation’s public tertiary institutions, in line with the “Renewed Hope” Agenda of the President Bola Ahmed.”
cc: Punch Ng
