The Tertiary Education Trust Fund (TETFund) has announced fresh financial disbursements for universities, polytechnics and colleges of education under its 2026 intervention cycle,
‎According to the announcement, each beneficiary is set to receive over N2.52 billion as annual direct allocation.
‎The Executive Secretary of TETFund, Arc. Sonny Echono, revealed this at a workshop with heads of beneficiary institutions on the 2026 fisbursement guidelines held at the TETFund auditorium, Abuja.
‎According to Echono, a total of 271 tertiary institutions will benefit from the annual direct disbursement in 2026,
‎He explained that the funds were designed to strengthen critical physical infrastructure, improve academic programmes, boost research and innovation, and drive overall transformation in the tertiary education sector.
‎Echono further revealed that 90.75% of the 2026 intervention allocation would be released as direct disbursement, comprising 50% annual direct disbursement and 40.75% special direct disbursement, while designated projects and stabilisation funds account for the balance.
‎He added that President Bola Tinubu had approved the 2026 guidelines, commending the President’s steadfast commitment to the repositioning of the tertiary education sector.
Edited by Favour Owonibi.