TETfund Reacts To Allegation Of Lopsided Funding

The Tertiary Education Trust Fund (TETfund) has refuted the allegation that it is partial in the distribution of funds across Tertiary institutions in the country.

Executive Secretary of TETfund, Sulaiman Bogoro, in an interview with Arise Television on Monday, said that contrary to claims from certain quarters , the intervention agency had done marvellously well to spread infrastructural devepment across tertiary institutions in the country.

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“I think there is wisdom in the emergence of an intervention agency that today handles over 90 percent perhaps of the physical infrastructure requirements, ” he said.

He said that the issue of politicizing funds disbursements depends on interpretation of what the agency was doing, “after all, TETfund is a product of political creation,” he added.

He said that the law of TETfund was very clear and indicates very clearly that the application of the funds was through the various interventions.

“There has to be equity essentially between the six geopolitical zones and so there is political sensitivity,” he added.

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He said that the allegation against TETfund was untrue as numerous projects were on ground as proof.

“It is very obvious that there was wisdom in that decision, that is why the impact of TETfund has become more manifest as it was originally conceived.

“And for me at TETfund, I go round this country to commission projects and I can name across Nigeria from the extreme North to the extreme South and from the extreme East to the extreme West, institutions that have benefitted so much so that it is said that if you go to these public tertiary institutions that some of them could actually be renamed TETfund institutions,” he said.

But he admitted that TETfund could not be 100 percent perfect, adding that that was why the management set up an assessment team to show where things could have gone wrong.

“That is why we are about to receive a report on IMPACT ASSESSMENT of TETfund, we decided to self assess ourselves which very rare in public service.

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“And we are hoping that the report will come and we pick non Tetfund staff, independent consultants and experts to undertake that assessment, because we have nothing to hide and we will submit ourselves to suggestions and criticisms where we need to improve,” he said.

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