TETFund Spent ₦1.8tn on Public Universities, Polytechnics, Colleges In Nigeria
The Centre for Public Accountability (CPA) has revealed that the Tertiary Education Trust Fund (TETFund) disbursed over ₦1.8 trillion to public tertiary institutions in Nigeria between 2011 and 2024. According to the CPA, universities received more than ₦918 billion, polytechnics got over ₦461 billion, while colleges of education received more than ₦458 billion. The organisation also stated that over 152,000 infrastructure projects have been executed nationwide through TETFund interventions, including lecture theatres, laboratories, libraries, hostels, and ICT centres.
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Centre for Public Accountability (CPA) has disclosed that the Tertiary Education Trust Fund (TETFund) disbursed more than ₦1.8 trillion to public tertiary institutions across Nigeria between 2011 and 2024.
According to a statement issued by CPA Executive Director, Olufemi Lawson, and the organization’s Director of Research and Development, Ganzallo Gbenga, universities received over ₦918 billion during the period under review, while polytechnics got more than ₦461 billion and colleges of education received over ₦458 billion.
The organization explained that the clarification became necessary following allegations of financial impropriety levelled against TETFund.
The CPA further revealed that under the 2025 intervention cycle, universities reportedly received about ₦2.8 billion each, while polytechnics and colleges of education received approximately ₦1.9 billion and ₦2.1 billion respectively.
Lawson stated that the agency’s independent review showed that TETFund interventions had significantly improved learning infrastructure and educational delivery across public tertiary institutions nationwide.
According to him, more than 152,000 infrastructural projects have been executed through TETFund interventions across the country. These projects include the construction and rehabilitation of lecture theatres, senate buildings, classrooms, laboratories, ICT centres, libraries, hostels, workshops, innovation hubs, entrepreneurship centres, research facilities, and faculty buildings.
He, however, urged the leadership of TETFund to strengthen its monitoring and evaluation mechanisms to ensure projects are executed efficiently, transparently, and within approved timelines.
The CPA also called on beneficiary institutions to ensure accountability and prudent utilization of intervention funds while avoiding project abandonment.
The organization reaffirmed its commitment to promoting transparency, accountability, and institutional efficiency through independent assessments of government agencies and public institutions.
It stressed the need for collaboration among stakeholders in the education sector, including government agencies, tertiary institutions, civil society organizations, development partners, the media, and student bodies, to improve the quality of tertiary education in Nigeria.
The CPA added that education remains a critical foundation for national development, innovation, economic growth, and global competitiveness, urging stakeholders to support efforts aimed at strengthening the nation’s tertiary education system.
