The Minister of Education, Tunji Alausa, has reaffirmed the federal government’s commitment to sustaining the Tertiary Education Trust Fund (TETFUND), describing it as a cornerstone of development in Nigeria’s higher institutions. He made this known during a strategic engagement session held on Friday in Lagos, aimed at deepening collaboration with key stakeholders in tertiary education.

Speaking at the one-day event attended by Heads of Institutions, Bursars, and Heads of Procurement, Alausa dispelled fears that TETFUND might be scrapped under the proposed Tax Reform Bill. He emphasized that the government recognizes the vital role TETFUND plays in infrastructure development, research funding, and capacity building in universities, polytechnics, and colleges of education.

“TETFUND remains a critical lifeline for our tertiary institutions, and its contributions cannot be overemphasized,” the minister stated. “There are no plans to abolish it. Rather, we are looking at ways to strengthen and reposition it for greater impact.”

Participants at the forum welcomed the minister’s assurances, highlighting the agency’s contributions to modernizing campuses across the country. They also discussed ways to improve transparency and efficiency in the management of TETFUND resources, in line with President Bola Tinubu’s renewed hope agenda for education reform.