FG releases N38.93bn to upgrade 166 tertiary institutions

The Federal Government has allocated N38.93 billion to 166 public tertiary institutions across Nigeria to address infrastructure deficits and enhance teaching and learning facilities. This funding, disbursed under the Needs Assessment Revitalisation Fund, targets 79 universities, 46 polytechnics, and 41 colleges of education, with universities receiving the majority of the allocation.

The Federal Ministry of Finance revealed that the universities would receive approximately N28.5 billion, while polytechnics would get around N5.8 billion, and colleges of education would receive about N4.7 billion. The intervention aims to tackle longstanding infrastructure challenges and support the implementation of agreements between the government and academic staff unions.

The funds are expected to enable institutions to commence or advance approved projects aimed at improving their operational capacity and the overall quality of tertiary education in Nigeria.

Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.