Tinubu explains increase in education allocation
The Federal Government has launched the Tertiary Institution Staff Support Fund (TISSF), a loan scheme that provides eligible tertiary institution staff with up to N10 million to support their welfare and development.
The initiative, unveiled during a high-level stakeholder engagement session held in Abuja, aims to promote financial stability, improve the quality of life, and support career advancement for staff across Nigeria’s tertiary institutions.
The Director, Press and Public Relations, Federal Ministry of Education, Folasade Boriowo, made the revelation in a statement yesterday in Abuja.
The statement noted that the scheme was designed to enhance the welfare and professional development of academic and non-academic staff in universities, polytechnics, and colleges of education.
The statement said: “Each academic and non-academic staff member is eligible to receive up to N10 million, capped at 33.3 per cent of their gross annual salary.”
MEANWHILE, President Bola Tinubu, at the weekend, said that his administration allocated a record N3.52 trillion to education in the 2025 federal budget, a 61.47 per cent increase from the previous year to improve the quality of education.
The President noted that an educated society is the bedrock of economic growth, social stability and technological advancement, pointing out that it fosters innovation, reduces crime, and empowers citizens to make informed decisions.
Tinubu said that through targeted policies and strategic investments in education, his administration has initiated transformative changes aimed at inclusivity, skill acquisition, data-driven planning, and quality engagement.He stated this in his address at the 54th Convocation Ceremony of the University of Nigeria, Nsukka (UNN).
Tinubu, whose speech was read by the Vice Chancellor of Michael Okpara University of Agriculture, Umudike (MOUA), Prof. Madu Offor, noted that the substantial allocation underscores the commitment to improving infrastructure, expanding student funding and enhancing access to quality education at all levels.
The President, who reiterated that the challenges of the country were not insurmountable, urged the graduates to see it as an opportunity in disguise
“The entrepreneurial training you have received here equips you to think innovatively and contribute meaningfully to our nation’s transformation. As you step into the world, remember that your education is a tool for change; use it to drive progress under our Renewed Hope Agenda,” he said.
He said that the UNN holds a unique place in the nation’s history as the first indigenous and autonomous university, adding that its mandate to address the manpower needs of the nation remains relevant.
Chancellor of UNN, His Imperial Majesty, Dr Adeyeye Enitan Babatunde Ogunwusi, Ooni of Ife, urged the graduands to be ambassadors of UNN, champions of unity in diversity and “restore the dignity of man.”
