Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    World Bank Mobilises $5bn Private Capital, Commits $2.5bn To Nigerian Suppliers In 5 Years

    January 28, 2026

    Cost of Imported petrol lower compare to Dangote

    January 28, 2026

    CBN approves temporary use of expired NAFDAC licences for imports

    January 28, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Kano Governor Abba Yusuf officially defects to APC

      January 27, 2026

      Atiku’s Son, Abba, Defects to APC, Vows Support for Tinubu’s 2027 Ambition

      January 27, 2026

      Mutfwang Formally Joins APC as Vice President Shettima Leads Massive Reception in Jos

      January 27, 2026

      Okowa, His Daughter, and the Debate Over Political Balance in Delta North

      January 25, 2026

      NNPP Labels Abuja Protesters ‘Impostors’ Amid Leadership Struggle

      January 20, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment January 28, 2026

      Nollywood Overtakes Hollywood in Historic Shift for West African Cinema Market Share

      Recent

      Nollywood Overtakes Hollywood in Historic Shift for West African Cinema Market Share

      January 28, 2026

      Nigeria Secures Continental Dominance in 2026 Live-Streaming Rankings

      January 28, 2026

      Gideon Okeke Challenges Afrobeats Giants to Bridge the Cultural Gap Between Music and Nollywood

      January 28, 2026
    • Business

      FG launches $25m vessel financing scheme to raise indigenous shipping

      January 23, 2026

      Nigeria’s cashew sector rakes in over $400m through exports – FACAN

      January 23, 2026

      Oxygen X Achieves Dual ISO Certifications, Reinforcing Commitment To Security, Trust, And Business Resilience

      January 20, 2026

      Dangote Appreciates Cement Distributors At Awards Nite, Splashes N15bn In Gifts, Cash 

      January 16, 2026

      Glo Unveils ‘Travel Saga’, Its Most Immersive Gaming Experience To Date 

      January 15, 2026
    • Health

      Lagos Hospital Performs West Africa’s First Robotic Gynecological Surgery

      January 26, 2026

      Health Experts Slam 2026 Budget Over Inadequate Funding, Cite Abuja Declaration Breach

      January 23, 2026

      Nigeria–U.S. $5.1bn Health Pact Sparks Political, Religious and Sovereignty Debate

      January 22, 2026

      FG commences documentation of traditional medicine practitioners

      January 20, 2026

      NCDC Declares Emergency Level 2 as Lassa Fever Mortality Rate Climbs Amid Nationwide Surge

      January 16, 2026
    • Culture

      Ooni of Ife Concludes 2026 World Obatala Festival with National Prayer

      January 26, 2026

      IShowSpeed’s Lagos Tour Showcases City’s Culture Amid Viral Street Drama

      January 24, 2026

      Nigeria and Turkey Strengthen Diplomatic Ties as 76 Heritage Artifacts Identified for Repatriation

      January 24, 2026

      NIIA Launches First Cultural Diplomacy Conference

      January 21, 2026

      Canada 2026: Nigeria’s creative elite set for month-long cultural residency in Ontario

      January 21, 2026
    • Lifestyle

      Lagos Creative Retail Weekend Positions African Brands for Global Market Access at 2026 Showcase

      January 28, 2026

      APPOEMN Set to Host “Owambe 5.0” in Lagos, Reviving Nigeria’s 1940s Classic Party Culture

      January 24, 2026

      IShowSpeed’s Lagos Tour Showcases City’s Culture Amid Viral Street Drama

      January 24, 2026

      Posthumous Tribute: Honouring The Enduring Legacy of Captain Hosa Okunbo @ 68 

      January 7, 2026

      Seyi Tinubu Donates Over ₦100 Million to King Mitchy’s Philanthropy Projects

      January 5, 2026
    • Sports

      Access Champions Africa’s Biggest Race, Why

      January 27, 2026

      2026 Access Bank Lagos City Marathon Expo To Start February 9

      January 26, 2026

      FIFA will present $2.3m prize money for women’s club football

      January 23, 2026

      Super Eagles Shifts Focus to FIFA World Cup Appeal after Securing Record Ninth AFCON Bronze

      January 23, 2026

      Enhanced Games: Nigerian athlete, Usman becomes first Nigerian to participate

      January 22, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Federal Government Approves ₦6.45 Billion TETFund Intervention Cycle for 2026
    Education

    Federal Government Approves ₦6.45 Billion TETFund Intervention Cycle for 2026

    Ifetayo AdeniyiBy Ifetayo AdeniyiJanuary 25, 20262 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita

    The Federal Government, through the Tertiary Education Trust Fund (TETFund), has officially launched its 2026 intervention cycle, allocating a total of ₦6.452 billion to 271 public tertiary institutions across Nigeria. The Executive Secretary of TETFund, Arc. Sonny Echono, announced the disbursement guidelines during a strategic stakeholders’ workshop in Abuja on Tuesday, January 13, 2026. Approved by President Bola Tinubu under the “Renewed Hope Agenda,” the funding is designed to drive a massive transformation in infrastructure, academic research, and digital innovation within the nation’s higher education sector.

    ​Under the approved 2026 framework, the disbursement is categorized into specific allocations for each type of institution:

    • ​Universities: Each public university, regardless of its size or age, will receive ₦2,525,932,228.02.
    • ​Polytechnics: Each polytechnic is allocated ₦1,871,059,920.53.
    • ​Colleges of Education: Each college will receive ₦2,056,527,973.04.

    ​A significant highlight of the 2026 cycle is the introduction of a new digital intervention line: the Nigerian Research and Education Network (NgREN). This initiative aims to integrate the Tertiary Education, Research, Applications and Services (TERAS) platform into a unified national network, providing students and faculty with high-speed internet and seamless access to global academic databases and research journals. Echono emphasized that 90.75% of the total 2026 allocation is dedicated to direct disbursements—split between annual (50%) and special (40.75%) interventions—while the remaining funds are reserved for stabilization and designated strategic projects, including the establishment of Centers for Robotics, Coding, and Cybersecurity.

    ​To ensure accountability, TETFund has implemented a strict “utilization policy,” stating that institutions with unspent funds from previous years will not receive additional disbursements until existing resources are fully deployed. Furthermore, the Fund has committed to paying contractors within two weeks of milestone completion to prevent the “abandoned project” syndrome that has plagued the sector in the past. President Tinubu’s administration has praised the timely release of these funds as a critical step toward making Nigerian graduates globally competitive and stemming the “brain drain” of academic talent.

    Education
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleGovernor Umo Eno Flags Off Akwa Ibom’s Multi-Billion Naira Ibom CNG Mass Transit Terminal
    Next Article Shell Plc Commits $20 Billion Investment to Nigeria Following Strategic Talks with President Tinubu
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Education January 26, 2026

    Federal Government Formally Abolishes HND-Degree Dichotomy and Grants Polytechnics Degree-Awarding Powers

    Education January 26, 2026

    FCT Teachers Join Union Strike, Shut Down Public Schools in Abuja

    Education January 25, 2026

    SCM Nigeria Calls for Compulsory Basic Education and Legal Penalties for Non-Enrollment

    Education January 25, 2026

    UTME registration commences January 26 ~ JAMB

    Education January 24, 2026

    Rite Foods Reaffirms Commitment to Education On International Day Of Education

    Education January 24, 2026

    NELFUND Disburses ₦1.33 Billion to University of Lagos for 2025/2026 Academic Session

    Leave A Reply Cancel Reply

    Don't Miss
    Banking January 28, 2026

    World Bank Mobilises $5bn Private Capital, Commits $2.5bn To Nigerian Suppliers In 5 Years

    World Bank Mobilises $5bn Private Capital, Commits $2.5bn To Nigerian Suppliers In 5 Years By…

    Cost of Imported petrol lower compare to Dangote

    January 28, 2026

    CBN approves temporary use of expired NAFDAC licences for imports

    January 28, 2026

    Facebook to showcase opportunities, presenting creator tools at Lagos summit

    January 28, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    NUC Ranks Redeemer’s Varsity As 2nd Overall Best In Nigeria

    December 26, 2021

    Dorian Homes Plans To Host Its First Children’s Christmas Party

    November 11, 2021

    Active Movie Producers And Marketers Association of Nigeria (AMPMAN)

    November 16, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.