• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Sectors Education

TETFund: FG blames weak leadership for N675bn idle in Nigeria’s tertiary institutions

Rosalia Ozibo by Rosalia Ozibo
October 30, 2025
in Education, Sectors
Technical and Vocational Education and Training (TVET)

Tunji Alausa

Share on FacebookShare on TwitterShare on Linkedin

The Federal Government has blamed weak administrative structures for the ineffective use of resources in Nigerian tertiary institutions, including universities, polytechnics, and colleges of education.

The revelation came from the Minister of Education, Dr Tunji Alausa, while speaking at the 2025 Annual Directors’ Conference of the Chartered Institute of Directors (CIOD) in Abuja.

Dr Alausa explained that the problem is not a lack of academic expertise but a shortfall in managerial capacity among the leadership of these institutions.

MoreStories

Meet the owners of Lagos’ most expensive primary schools

Meet the owners of Lagos’ most expensive primary schools

April 1, 2026
CBN cracks down on money laundering with new rules 

CBN says 33 banks meet recapitalization target, N4.66 trillion raised from 73% of Nigerians 

April 1, 2026

He noted that vice chancellors, rectors, and provosts often lack the systems training required to deploy institutional resources efficiently and in line with modern management practices.

“I don’t mind laundering our own dirty linen in public. Our tertiary institutions, universities, polytechnics, and colleges of education need more systems training to move them to 21st-century ways of managing institutions,” the minister said.

  • He revealed that over a 25-year period from 1999 to 2024, more than N675 billion allocated for infrastructure, instructional capacity, and laboratories remained idle. According to Dr Alausa, the funds were largely overlooked and not even invested to generate returns, highlighting systemic failures in institutional management.
  • The minister urged professional bodies such as CIOD to provide guidance on modernising the administration of tertiary institutions and assured that the federal government would cooperate in implementing recommended reforms.

He stressed that effective administration, guided by evidence-based policies and outcomes, is essential to reposition Nigeria’s tertiary education sector to meet 21st-century standards.

Fund accountability 

Earlier this month, the federal government directed all tertiary institutions to submit detailed reports of unutilised Tertiary Education Trust Fund (TETFund) allocations within 30 days, warning that idle funds may be withdrawn and reassigned to priority projects.

Dr Tunji Alausa emphasised that funds which remain idle will be redirected, and rollovers without strong justification will no longer be allowed. The minister also announced plans to launch a public dashboard showing disbursement and utilisation data, and to begin quarterly institutional reviews tied to compliance and project execution.

What you should know 

TETFund recently received N1.6 trillion in allocations, the highest in recent years, funded by the three percent education tax on company profits. The board explained that 40%, or N460 billion, was earmarked for interventions across tertiary institutions nationwide, with three institutions selected in each state: a university, a polytechnic, and a college of education.

From this, N225 billion was released to the Nigerian Education Loan Fund, N70 billion for energy support, and N25 billion for campus security projects.

They added that over N100 billion has been spent to strengthen medical sciences training, aiming to expand the number of healthcare professionals. Three institutions in each geopolitical zone have received N4 billion each for medical sciences expansion and infrastructure projects.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

Next Post
Crude oil barrels with energy industry background

Bonny Light clings to $66 amid hopes for Trump-Xi trade breakthrough 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics