TETFund Releases ₦100bn to Boost Medical Education in Nigerian Universities

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The Tertiary Education Trust Fund (TETFund) has disbursed over ₦100 billion to selected tertiary institutions across the country to strengthen their capacity in training students of medicine and relat..

The Tertiary Education Trust Fund (TETFund) has disbursed over ₦100 billion to selected tertiary institutions across the country to strengthen their capacity in training students of medicine and related medical sciences.

TETFund Governing Board Chairman, Aminu Masari, disclosed this in Katsina, noting that the intervention aligns with President Bola Tinubu’s drive to address the acute shortage of healthcare professionals in Nigeria.

Masari said the initiative comes at a time when the nation is grappling with a mass exodus of doctors, nurses, pharmacists, and other skilled health workers to foreign countries — a trend the president is “particularly worried” about.

“We have selected three tertiary institutions in each geopolitical zone. Each has received ₦4 billion to execute projects and expand academic infrastructure to admit and train more students in the medical sciences,” he explained. “The goal is to double the number of medical professionals in the country, thereby improving healthcare delivery.”

The former Katsina governor described the ₦100 billion package as a high-impact intervention for 2025, adding that TETFund’s monitoring and evaluation teams will ensure the funds are used strictly for approved projects.

Masari revealed that TETFund received its highest-ever grant this year — ₦1.65 trillion — generated from the three per cent education tax on company profits. Of this amount, ₦460 billion (40%) has been allocated for various interventions in tertiary institutions nationwide.

At the state level, three institutions — a university, a polytechnic, and a college of education — will benefit from targeted projects based on their submitted needs.

Additionally, ₦225 billion has been channelled to the Nigerian Education Loan Fund (NELFUND) for the federal government’s student loan scheme, ₦70 billion has been earmarked to provide solar or gas-powered energy solutions for campuses, and ₦25 billion has been set aside for security measures, including the installation of streetlights and other safety projects in tertiary institutions.                                                                                                                            

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