Nigeria: Nigerian Govt Disburses N38.93 Billion to 166 Tertiary Institutions
[Premium Times] She said the disbursement was under the Needs Assessment Revitalisation Fund, covering 79 universities, 46 polytechnics and 41 colleges of education.
The Nigerian government has disbursed N38.93 billion to 166 public tertiary institutions across the country, aiming to address infrastructure gaps and enhance teaching and learning facilities. This funding was provided under the Needs Assessment Revitalisation Fund, which specifically targets universities, polytechnics, and colleges of education.
According to a statement released by the Head of Media at the Federal Ministry of Finance, Efe Ovuakporie, universities would receive N28.5 billion, while polytechnics and colleges of education would get N5.8 billion and N4.7 billion respectively. The objective of this intervention is to support the implementation of measures outlined in the Memorandum of Understanding (MoU) between the Federal Government and the Academic Staff Union of Universities (ASUU).
Ovuakporie emphasized that the funds are intended to facilitate the commencement or continuation of approved projects aimed at improving critical infrastructure and other identified institutional needs. She highlighted the importance of effective coordination among relevant agencies and the beneficiary institutions to ensure that the funds translate into tangible improvements in educational facilities.
She also advised the public seeking details of the beneficiary institutions and their allocations to visit finance.gov for further information.
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- Nigerian govt disburses N38.93 billion to 166 tertiary institutions premiumtimesng.com
