FG approves N320.3bn intervention fund to tertiary institutions

Date: 07-04-2023 12:25 pm (2 years ago) | Author: Oluwatobi Adedoyin
- at 7-04-2023 12:25 PM (2 years ago)
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The Federal Government of Nigeria has approved a sum of N320.3 billion as an intervention fund to be disbursed to tertiary institutions across the country.

This was disclosed by the Executive Secretary of Tertiary Education Trust Fund, Sonny Echono, during the Fund’s annual strategic planning workshop in Abuja on Wednesday, April 5.

According to Echono, the intervention fund will be disbursed to universities, polytechnics, and colleges of education across the country.

Each university will receive a sum of N1,154,732,133.00, out of which N954,732,123.00 is for annual direct disbursement, and N200 million is for zonal intervention.

Polytechnics, on the other hand, will receive a sum

https://knowall.com.ng/fg-approves-n320-3bn-intervention-fund-to-tertiary-institutions/

Posted: at 7-04-2023 12:25 PM (2 years ago) | Upcoming
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