Adeyemi College of Education Acquires its Allocation From TETFUND
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The Adeyemi College of Education has just attained its allocation from TETFUND.
The total sum of six hundred and seventy nine million, six hundred and seventy thousand naira only (679.067m) has been released by the Federal Government of Nigeria Adeyemi College of Education (ACE), Ondo from the Tertiary Education Trust Fund (TETFUND) account.
A statement by Dr. A.B. Baffa conveyed that the amount is meant for the year 2016 TETFUND Intervention for execution of projects in the institution.
His words:
“Dear Provost, further to the approval of President Muhammadu Buhari (GCFR) and in line with the provision of Tertiary Education Trust Fund Act 2011, I write to inform you of the allocation of intervention funds to your institution for the year 2016.
“The breakdown of the allocation of the fund is as follows: Physical Infrastructure/ Program Upgrade – N371.067m; Academic Staff Training and Development – N200m; Library Development – N30m; Conference Attendance – N25m; Teaching Practice – N12m and Institution Based Research – N10m.
“Others are: ICT Support – N10m; Academic Research Journal – N10m; Tetfund Project Maintenance – N8m and financially Academic Manuscript Development – N3m.”
The modalities for accessing the allocated funds have commenced in earnest.
“The breakdown of the allocation of the fund is as follows: Physical Infrastructure/ Program Upgrade – N371.067m; Academic Staff Training and Development – N200m; Library Development – N30m; Conference Attendance – N25m; Teaching Practice – N12m and Institution Based Research – N10m.
“Others are: ICT Support – N10m; Academic Research Journal – N10m; Tetfund Project Maintenance – N8m and financially Academic Manuscript Development – N3m.”
The modalities for accessing the allocated funds have commenced in earnest.
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