Buhari Orders TETFund to inject N24bn into 12 New Universities

President Muhammadu Buhari on Saturday directed the Tertiary Education Trust Fund (TETFund) to inject N2 billion into each of the 12 new universities established by the Federal Government in 2011.

Pres. Buhari, ably represented by Dr Bello Kumo, the Director Academic Standards in the National Universities Commission (NUC), spoke as a visitor to the maiden convocation of the Federal University, Wukari in Taraba. He said that the amount was to fund critical infrastructure in the institutions.

The President also directed that each of the institutions should be given additional N2.5 billion in the next two years. The amount was in addition to the normal N1 billion funding contained in the 2017 fiscal provision.

Buhari warned, “We will not condone corruption and lawlessness in administering the funds that are injected for the development of your institutions.’’

The universities are in Kogi, Taraba, Ebonyi, Jigawa, Bayelsa, Gombe, Ekiti, Nasarawa and Katsina states.