The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Sonny Echono, has explained why the agency suspended its foreign scholarship programme for lecturers in public tertiary institutions. Echono said the scholarship programme for lecturers was discontinued because it had become financially unsustainable, citing high foreign exchange rates and the growing number of beneficiaries who…
The Minister of Education, Mr. Tunji Alausa, has announced that tertiary institutions with fewer than 2,000 students will no longer be eligible for funding from the Tertiary Education Trust Fund. Speaking on Friday at a one-day engagement with heads of institutions, bursars, and procurement directors in Lagos, Alausa said the Federal Government was repositioning the…
A massive financial scandal has erupted within the All Progressives Congress (APC) in Adamawa State, with allegations that funds from the Tertiary Education Trust Fund (TETFUND), intended for educational development, have been misused to finance party activities. According to a bombshell petition obtained by SaharaReporters, the APC State Working Committee allegedly received N325 million from…
The Tertiary Education Trust Fund (TETFund) has announced the immediate suspension of its foreign scholarships for lecturers of tertiary institutions across the country, effective January 1, 2025. The announcement was made in a circular dated November 25, 2024, and signed by its executive secretary, Sonny Echono. Mr Echono cited a higher cost of funding lecturers’…