President Bola Ahmed Tinubu has approved N5 billion for research investments in 2024 through the Tertiary Education Trust Fund (TETFund) National Research Fund. Announced by the Minister of Education, Dr. Tunji Alausa, the initiative is aimed at addressing national development challenges by fostering research in public tertiary institutions.

Alausa highlighted that the funding aligns with the administration’s Renewed Hope Agenda, focusing on using local research and technological advancements to drive economic growth. He emphasized that no nation can achieve sustainable development without leveraging research outputs.

The minister also announced plans to restructure Nigeria’s Technical and Vocational Education and Training (TVET) system, ensuring that 80% of the curriculum focuses on practical training. This shift aims to address the gap between theoretical knowledge and technical skills, better equipping young Nigerians to contribute to the workforce.

The funding will support critical research in sectors like power, healthcare, agriculture, and water supply, and will encourage collaboration between public, private, and international stakeholders to solve the nation’s most pressing challenges.