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Buhari Approves Funding Of New Federal Universities With N12Billion


President Muhammadu Buhari on Saturday, March 4, 2017 directed the Tertiary Education Trust Fund (TETFund) to inject N2 billion into each of the 12 new universities established by the Federal Government in 2011.
Buhari announced this approval during the maiden convocation of the Federal University, Wukari in Taraba, noting that the amount was to fund critical infrastructure in the institutions.
Buhari who was represented by Dr Bello Kumo, the Director Academic Standards in the National Universities Commission (NUC), also directed that each of the institutions should be given additional N2.5 billion in the next two years.
This amount was in addition to the normal N1 billion funding contained in the 2017 fiscal provision.
He said that his administration was ready to support research, training and retraining of staff of the Federal Government-owned tertiary institutions in order to fulfill their mandates of teaching, research and community service.
In his remarks, the Vice-Chancellor of the University, Professor Abubakar Kundiri, thanked the President for approving “massive special TETFund intervention for the development of key infrastructure in our university,’’ adding that the university had signed a Memorandum of Understanding (MoU) with the University of Colorado, Wolverhampton and Manchester to position it as a formidable stronghold of scholarship and research.

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