Massive investment to boost tertiary institutions, medical training, energy, and student loans
In its biggest intervention yet, the Tertiary Education Trust Fund (TETFund) has rolled out a record ₦1.6 trillion for nationwide projects across Nigeria’s tertiary institutions — a strategic push to strengthen education, healthcare training, energy infrastructure, and student support.
The announcement was made in Katsina on Sunday by TETFund Governing Board Chairman and former Katsina State Governor, Aminu Bello Masari, who described the allocation as “demand-driven” and tailored to institutional needs.
“Institutions write to us, and we approve projects for them based on their needs and available resources,” Masari said.
Breakdown of the ₦1.6 Trillion Intervention
- ₦460 billion — Direct interventions for a university, a polytechnic, and a college of education in each state.
- ₦225 billion — Support for the Nigerian Education Loan Fund (NELFUND) to expand access to higher education for financially disadvantaged students.
- ₦70 billion — Solar and gas-powered generation projects to reduce reliance on unstable grid electricity in campuses.
- ₦25 billion — Security enhancements, including street lighting and safety infrastructure.
Medical Education Gets Special Focus
With Nigeria grappling with a shrinking healthcare workforce, over ₦100 billion has been earmarked for medical sciences training. Following President Bola Tinubu’s directive, the funds target the expansion of facilities and training in medicine, nursing, pharmacy, laboratory science, and related fields.
Three institutions in each geopolitical zone will receive ₦4 billion each to double the country’s healthcare manpower and improve nationwide service delivery.
“The President is worried about the exodus of skilled medical professionals,” Masari noted. “This intervention is designed to help reverse the trend.”
Ensuring Accountability
Masari assured that TETFund’s projects will be strictly monitored through a robust evaluation framework involving independent consultants, ensuring every naira is spent on approved initiatives.
According to him, the allocations are made annually at both state and zonal levels, guaranteeing equitable distribution and high-impact results.
With this unprecedented investment, TETFund is positioning itself as a central driver of national development — tackling education gaps, boosting healthcare capacity, improving campus infrastructure, and empowering the next generation of Nigerian graduates.
