FUL secures N3bn, other TETFUND intervention funding

Tertiary Education Trust Fund (TETFund)

The Vice-Chancellor of Federal University Lokoja (FUL), Professor Gbenga Solomon Ibileye said the university has secured N3 billion intervention funding from the Tertiary Education Trust Fund (TETFUND).

The VC, who made this known while reviewing his first 100 days in office as Vice Chancellor, also confirmed this release of other interventions by TETFUND.

According to Prof Ibileye, “Reviewed against the administration’s guiding theme of Consolidation, Innovation and Sustainability for Institutional Resilience, the record of the period reflects a deliberate strategy of strengthening institutional systems while attracting the resources to drive growth.

“The single most significant outcome of the period is the University’s success in attracting major
new funding. A three-billion-naira intervention from the Tertiary Education Trust Fund will
establish a Centre of Excellence in Artificial Intelligence, Robotics and Cyber Sciences, a
project that places Federal University Lokoja at the frontier of the technologies reshaping the
global economy.

He noted that further interventions from the TETFUND and the Federal Ministry of Education signal strong external confidence in the institution.

“One hundred days is not a destination; it is a checkpoint,” the Vice-Chancellor said. “I said
on the day of my inauguration that this administration would be remembered not for how loudly
it spoke, but for how well the University worked, for the strength of its systems, the clarity of
its processes and the stability of its calendar. These early months have been given, deliberately, to that quieter work. We have chosen consolidation over spectacle and discipline over display”.

The VC said it has also secured the TETFUND annual Intervention and a ₦335 million NEEDS Assessment intervention.

“Special interventions of ₦700 million and ₦400 million from TETFund have been committed to the upgrade of laboratories and classrooms, directly enhancing the teaching and research environment available to staff and students. ₦300 million Zonal intervention TETFund has also been secured in further support of the University’s special infrastructure.

“A ₦3 billion Public-Private Partnership investment for the development of a model hotel – a project initiated under the previous administration – has been consolidated and decisively advanced, reflecting a deliberate strategy of pairing public funding with private capital to secure the University’s long-term financial sustainability”.

On more programs for the institution, Prof Ibileye said, “Full National Universities Commission accreditation has been secured for eight academic programmes-Mass communication, Computer science, Education Mathematics, Integrated Science, Biochemistry, Biotechnology, Microbiology and Sociology, an outcome that strengthens the University’s academic standing and affirms the quality of its teaching, facilities and faculty”.

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