TETFund rebukes non-performing institutions, retrieves N10bn

Prof  Bogoro


TETFund rebukes non-performing
institutions, retrieves N10bn

By Uji Abdullahi Iliyasu
Abuja
The Executive
Secretary of Tertiary Education Trust Fund (TETFund), Professor Elias Suleiman
Bogoro, said the agency has retrieved N10bn for projects awarded, but not
executed by beneficiary institutions.
Bogoro stated this
Friday in Jos when he inaugurated the new University of Jos Faculty of
Engineering building, the renovated main library of the university and school’s
new Faculty of Management building.
Bogoro who also
laid the foundation for the Faculty of Agriculture, said the retrieved funds
for non-performance by the affected institutions were re-awarded to other
institutions which direly need them.
He advised heads
of tertiary schools in the country  to
judiciously use funds allocated to them for building of structures without
compromising standards.
Bogoro said TETFund
would ensure that all structures built in all institutions meet standard and
also equipped with modern facilities.
The executive
secretary added that TETFund had so far spent over seven billion naira to
facilitate studies by scholars abroad.
“TETFund under my
watch intends to offset all the bills of persons on its scholarship within and
outside the country.”
The Vice
Chancellor, University of Jos, Professor Sebastian Maimako, commended TETFund
for the numerous projects executed in the university.
Maimako assured
TETFund of effective utilisation of the structures built and equipped by the
Fund.
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