TETfund donates N2bn projects to FUNAAB, TASCE, FCE in Ogun

TETFund: Buhari approves N320bn for disbursement to public tertiary institutions

 

Laide Raheem, Abeokuta

Tertiary Education Trust Fund (TETfund) has donated projects worth over N2billion to the Federal University of Agriculture Abeokuta (FUNAAB), Tai Solarin College of Education (TASCE) and the Federal College of Education (FCE) all in Ogun state.

The projects included: blocks of classrooms, office complexes, E-library, information centres, students’ guidance and counseling centre and 250-seater auditorium.

Commissioning the projects, the Chairman of the Senate Appropriations Committee, Senator Olamilekan Adeola, said his committee has commissioned over 76 TETFund sponsored projects in 17 beneficiary institutions across 11 states of the federation.

Adeola who was represented by a former Commissioner for Agriculture in Ogun state, Prof. Tope Popoola, assured that, the 10th Senate will continue to support TETFUND to advance tertiary education through enactment of laws.

According to Adeola, the projects donated to FUNAAB stand at N1.1bn, while the projects built at TASCE cost N1bn and the projects at FCE gulped N484million.

The Senator assured that the 10th Senate will continue to support TETFUND to advance tertiary education through enactment of legislation.

“I wish to reiterate that the National Assembly would continue to work harmoniously with the Executive towards making our educational institutions globally competitive for economic and technological development of the country.

“I, therefore, wish to use this opportunity to assure you that the 10th Senate under the leadership of the Senate President, Distinguished Senator Godswill Akpabio and indeed, the entire National Assembly will continue to provide necessary support to the Fund through the enactment of legislations that would further advance tertiary education in Nigeria”, Adeola added.

In his remark, Executive Secretary of TETFund, Sonny Echono stated that FUNAAB has received allocations up to a N8,759,098,751.25 for infrastructure-related interventions since commencement of the Fund’s interventions to the institution since 2009.

The Executive Secretary who was represented by Babatunde Olajide, Director, Monitoring and Evaluation, also noted that 91.6 percent of the funds have been accessed and deployed to address infrastructural deficiencies in the university.

He said, “The statistics reveal that about 91.6% of these funds have been accessed and deployed to address infrastructural deficiencies in the university. We have no doubt that the projects undertaken with these funds have remarkably impacted on the mandate of the university in facilitating teaching,

“Our resolve as a Fund is to ensure that our interventions are sustained and improved upon as much as possible to enable our institutions undertake bigger, more laudable and impactful projects that will make them become globally
competitive.”

The FUNAAB Vice Chancellor, Prof Olusola Kehinde applaauded the TETfund for the donation, saying those resources would be used for developmental purposes.

Kehinde who was represented by the Deputy Vice Chancellor (Development), Prof Kolawole Adebayo, said “FUNAAB has fully utilised the allocations that were given and to a large extent we have used it judiciously to the extent that we are now qualified for greater things from the TETfund”.

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