Scholarship: TETFund Spends N185bn on 35,000 Scholars in 14 Years

The Tertiary Education Trust Fund (TETFund) has revealed that the sum of N185 billion has been spent on 35,000 beneficiaries in the TETFund scholarship for academic staff programme which commenced in 2008.

Acting Director, Academic Staff Training and Development, Abdullahi Imam, stated this when the representatives of TETFund scholars paid a courtesy visit to the Executive Secretary of TETFund, Sonny Echono in Abuja, yesterday.

He explained that the project was established with the sole aim of training and upscaling the educational capacity of the academic staff of beneficiary institutions, adding that the project was the second in expenditure after infrastructural projects of the Fund.

Imam sought the Executive Secretary’s approval to have a TETFund Scholars Alumni which he said would help identify areas of specialisation and pool them into a critical mass of knowledgeable workforce and change agents for the development of the nation.

He added that the Alumni through its planned journals on issues like innovation and entrepreneurship, science, engineering and technology, art, humanities and social science would help to prevent or curtail intellectual flight.

“Next is the compilation of soft copies of their thesis in order to have a repository for the National Library/State. We are not only thinking of the database, we want to have a repository of their thesis so that it will pass it to the libraries for reference purposes,” he said.

While speaking also on the plans to showcase the capacities, competence and the scholars by developing a database for the Alumni, Imam noted that the scholars will serve as a voluntary advisory house on national research needs, institutional collaboration and industry partnership.

Speaking on the reason for their visit, one of the scholars, Prof. Kinsley Nwozor stated that they were there to appreciate the Fund for standing by them through out the period of their studies adding that even though some of them were tempted to stay back after their education, they have decided to come back to the nation to prove their mettle and showcase to the world that the dream of TETFund was a well-thought intention.

“There is no national agency that has done what TETfund is doing in Nigeria. An investment of N185 billion is not a chicken change. It is time for us to look at innovative ways of making TETfund stand out. You have done so much with gigantic infrastructures in universities. We also believe that gigantic structures don’t make gigantic universities but gigantic minds. We are TETfund ambassadors wherever we are and with you by our side, there is nothing we cannot achieve,” he said.