The Tertiary Education Trust Fund (TETFund) has disclosed that a total of N8.18 billion has been released to Rufus Giwa Polytechnic, Owo (RUGIPO), Ondo State, for infrastructural development since 2011.
The intervention agency disclosed this over the weekend during the inauguration of five landmark projects at the state-owned polytechnic, which was part of activities marking its combined 12th to 23rd Convocation Ceremonies.
According to the Executive Secretary of TETFund, Mr Sonny Echono, represented by the Director of Monitoring and Evaluation, Babatunde Olajide, the institution had so far accessed N5.57 billion from the fund, leaving a balance of N2.61 billion committed to other ongoing projects on the campus.
Echono stressed that the newly commissioned TETFund-sponsored projects, which included the Faculty of Applied Sciences building, the Faculty of Engineering Technology building, the 250-seater twin lecture theatre, and the construction and furnishing of academic staff offices, are worth over N1.7 billion.
The executive secretary maintained that the projects, alongside many others currently ongoing on the campus, reflect the Bola Tinubu administration’s commitment to improving infrastructure and academic standards across Nigeria’s tertiary institutions.
Echono commended RUGIPO for the judicious utilisation of intervention funds, noting that all sponsored projects were completed to specification despite economic challenges.
He, however, urged the institution to ensure proper maintenance of all facilities.
On his part, the Acting Rector of RUGIPO, Olorunwa Adegun, said the polytechnic had sustained a tradition of excellence and accountability by ensuring effective use of all infrastructural facilities.
Adegun lauded TETFund for its transformative contributions to the growth of the institution since it became a beneficiary of the government’s intervention scheme.
He appealed to the TETFund to consider the polytechnic for inclusion in the 2026 Special Intervention and Special High Impact Intervention, noting that the gesture would enable the polytechnic to establish a modern health centre and construct additional hostels for students.