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 pooled N25bn in funds from gifts given to First Lady Oluremi Tinubu and 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 augmenting the existing contract for the project's completion and furnishing.
The National Library project, which started in April 2006, was abandoned in October 2008 after an initial two-year completion timeline. President Bola Tinubu intervened to revive the project by directing the Ministry to explore funding sources, including the TETFund, to complete the complex. The First Lady directed that gifts received during her birthday celebration be used for the project, generating about N25bn.
The combined funds with TETFund and other efforts enabled the Ministry to approve the contract augmentation for the project.
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