The Federal Government has approved two hundred and ninety-two point six, six billion naira (N292.66) for release to some public universities, polytechnics, and colleges of education.
The federal government made the disbursement through the Tertiary Education Trust Fund (TETFUND),
Executive Secretary of TETFund, Professor Suleiman Bogoro, said the intervention, which has been okayed by the Federal Government, would be spread to higher education institutions in each of the six geo-political zones.
He said at least one university from each of the six- geo-political zones would receive N906.8 million, while about N628.4 million will go to one polytechnic and one college of education from each of the six geo-political zones.
Professor Bogoro made these known on Tuesday while welcoming all heads of beneficiary institutions to a one-day stakeholders’ meeting at the Nigeria Air Force Conference Centre, Abuja.
He said the library project represented an important national asset that should not be ignored on account of funding challenges.
Bogoro also stressed the importance of research to national development, saying the administration of President Muhammadu Buhari has been consistent in approving funds to see that academics churn out quality research that would address emerging challenges bedeviling the country.
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