TETFund dismisses alleged funding of APC with N325m
The Tertiary Education Trust Fund (TETFund) has denied allegations that it provided a whopping N325 million in funding to the All Progressives Congress (APC) in Adamawa State.
This denial comes on the heels of a petition filed by the APC Women Leader in Adamawa State, Patricia Yakubu, who claimed that the funds were misappropriated.
In a statement by the Fund’s Director of Public Affairs, Abdulmumin Oniyangi, the intervention agency described the allegation as untrue. In a statement titled, ‘TETFund Not a Political Party Funder’, Oniyangi said the allegations were sponsored by “desperate individuals”.
The statement reads: “The Tertiary Education Trust Fund (TETFund) is aware that a section of the social media has been inundated with images of a letter purportedly written by the Woman Leader of the Adamawa State Chapter of the All Progressives Congress (APC), Mrs. Patricia Yakubu, to the National Security Adviser, part of which contains insinuations that the party received funding of N325 million between October 2023 and October 2024 from TETFund.
“We wish to state unequivocally that the insinuation is not only preposterous and totally false, but also a great disservice to the nation that an individual of such political standing would engage in such frivolity without an iota of evidence.”
“To further buttress the futility of the allegations, we wish to state in clear terms that General Murtala Mohammed College (GMMC), Yola, where TETFund contracts are alleged to have been sold, is not a Beneficiary Institution of TETFund; while FCE Yola, which is a Beneficiary Institution, is solely responsible for engagement of its contractors in line with the policy of the Fund.
“The Fund has observed that allegations of this nature, sponsored by desperate individuals, have become the trend in recent times but will not be deterred in carrying out its statutory mandate, which remains funding for the rehabilitation, restoration and consolidation of tertiary education in Nigeria.”
Oniyangi said the Fund has undertaken this mandate steadily over the years both as ETF and TETFund, adding that it has been doing so with renewed vigour under the leadership of President Bola Ahmed Tinubu.
“We advise that detractors get their facts right so as to avoid misleading the public,” he said.
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