N25bn First Lady’s gifts, TETFund funds pooled to revive abandoned National Library – Alausa
The Federal Government has pooled N25bn from First Lady’s gifts and TETFund to revive the abandoned National Library headquarters in Abuja after 18 years. Read More: https://punchng.com/n25bn-first-ladys-gifts-tetfund-funds-pooled-to-revive-abandoned-national-library-alausa/
The Federal Government has combined First Lady Oluremi Tinubu's N25bn gift from her birthday celebration with funds sourced from the Tertiary Education Trust Fund (TETFund) to revive the abandoned National Library of Nigeria headquarters complex in Abuja. The Ministry of Education disclosed this in a statement following the Federal Executive Council's approval of the augmentation.
The project, which was initially scheduled for completion within two years in 2006, was abandoned in October 2008 due to lack of funding. President Bola Tinubu has now provided the necessary resources and political will to revive the project, which is about more than just finishing an abandoned building; it will serve as a national center for learning, research, scholarship, information access, and preservation of Nigeria's intellectual heritage.
The First Lady's gifts generated approximately N25bn, which was combined with TETFund funds to strengthen the project's financial resources. The Ministry expressed optimism that construction work would resume fully in the coming months, marking a significant milestone for the education sector.
Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.