2026: FG Approves Over ₦6bn Intervention Funds For 271 Tertiary Institutions

The Federal Government has approved the disbursement of more than ₦6 billion in intervention funds to a total of 271 tertiary institutions in 2026.

Approved through the Tertiary Education Trust Fund (TETFund), the funds will be disbursed across universities, polytechnics, and colleges of education nationwide.

Each university would receive a total of  ₦2,525,932,228.02, while polytechnics would receive ₦1,871,059,920.53 each, and colleges of education would get ₦2,056,527,973.04 each, the Executive Secretary of TETFund, Sunny Echono, said while reading out the figures at the annual disbursement meeting in Abuja, Tuesday.

A breakdown of the disbursement cycle includes: Total direct disbursement – 90.75 per cent, consisting of annual direct disbursement of 50 percent and special direct disbursement of 40.75 per cent, while designated projects amount to 9.07 percent and stabilisation funds of 0.18 per cent.

He, however, lamented the undue delay by beneficiary institutions in processing projects for approval in principle and obtaining due process for implementation.

Echono advised such institutional heads to execute their procurement planning processes early enough to avoid these delays.

“Also worrisome is the slow and reluctant utilisation of the TERAS platform with all its associated services by some beneficiary institutions. The Fund will be paying closer attention to this in the year 2026.

“The Fund also expects better documentation and knowledge of its guidelines for its training and content intervention lines. This should mitigate the challenges and problems experienced by scholars across beneficiary institutions,” he cautioned.

He also noted that the Fund would sustain intervention in addressing security infrastructure and training, completing long-abandoned projects, and strengthening disaster recovery measures.

According to him, research and innovation remain a priority, with support for the National Research Fund, institutional R&D partnerships, the Research-Meets-Industry initiative, and commercialisation of research outcomes, amongst others.

<img decoding="async" class="alignnone wp-image-952079" src="https://www.channelstv.com/wp-content/uploads/2025/08/students-300x162.jpg" alt="" width="720" height="389" srcset="https://www.channelstv.com/wp-content/uploads/2025/08/students-300x162.jpg 300w, https://www.channelstv.com/wp-content/uploads/2025/08/students.jpg 650w" sizes="(max-width: 720px) 100vw, 720px" />

He said laboratory and agricultural development would receive a major boost in 2026.

He added: “We are enhancing the ongoing multipurpose laboratory projects, setting up two new ones, and creating new agricultural laboratories and demonstration farms.

“Our ICT roadmap will be further strengthened with expanded digital services, ICT Experience Centers, subscription-based internet access, and the continued advancement of the Tertiary Education Research Application Services, TERAS.

“With these strategic interventions, 2026 promises to be a year of strengthened capacity, innovation, and measurable impact across Nigeria’s tertiary education sector.

“Let me extend our sincere gratitude to the Federal Inland Revenue Service (FIRS) and its leadership for the collection of Education Tax in 2025.

“As we look forward to the implementation of the development levy in the new tax regime, the diligent efforts of FIRS, in collaboration with all the beneficiary and other agencies, will enable us to continue to deliver on our mandate and achieve our set goals in the coming years.

“As we prepare to commence the 2026 intervention cycle, I urge all Heads of Beneficiary Institutions to ensure the full utilisation of their 2025 allocations and look forward to an engaging interaction that will further shape our interventions.”

<img decoding="async" class="alignnone wp-image-382729" src="https://www.channelstv.com/wp-content/uploads/2019/01/tetfund-300x162.jpg" alt="" width="565" height="305" srcset="https://www.channelstv.com/wp-content/uploads/2019/01/tetfund-300x162.jpg 300w, https://www.channelstv.com/wp-content/uploads/2019/01/tetfund.jpg 650w" sizes="(max-width: 565px) 100vw, 565px" />

READ ALSO: At ₦6trn, FG, States, LGs Shared Highest FAAC Allocation In Q3 2025 — NEITI

According to the TETFund boss, the Fund has taken steps to strengthen the quality and impact of research in beneficiary institutions, prompting the introduction of a new intervention line in the 2026 annual direct intervention, which is the Nigerian Research and Education Network (Ng REN).

He explained that the new intervention line aims to improve access to global academic resources and to integrate the Tertiary Education, Research, Applications and Services (TERAS) platform into NgREN, with effect from 2026.

“With these investments, 2026 promises to be a year of growth, innovation, and measurable impact.

“We are also expanding the Special intervention projects to cover the establishment of the Centers for Robotics, Coding & AI Machine Learning, and Centre for Cybersecurity Studies in selected beneficiary institutions.

“An additional 12 beneficiary institutions shall benefit from the commercial farm project. These will be two universities, eight polytechnics, and two colleges of education.

“The Fund has sustained its equipping & upgrade of R&D offices in beneficiary institutions and shall continue the development of student hostel project through Public–Private Partnerships,” Echono announced.

No related articles found