TETFund retrieves N10bn from non-performing institutions


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The Executive Secretary of Tertiary Education Trust Fund (TETFund), Suleiman Bogoro, says the Fund has retrieved N10 billion for projects awarded, but not executed by beneficiary institutions.

Mr Bogoro said this on Friday in Jos when he inaugurated the new University of Jos Faculty of Engineering building, the renovated burnt Main Library of the university and school’s new Faculty of Management building.

The executive secretary, 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 in dire need of infrastructure.

He advised management of institutions in Nigeria to judiciously use funds allocated to them for building of structures without compromising standards.

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