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Varsities To Get N2.8bn, Polys N1.9bn As TETFund Announces 2025 Intervention

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The Tertiary Education Trust Fund on Thursday announced the disbursement of the 2025 intervention cycle to public tertiary institutions in the country.

According to the Executive Secretary of the Fund, Sonny Echono, each university will get the sum of N2.8bn; polytechnics to get N1.9bn and Colleges of Education to get N2.1bn.

The Executive Secretary of TETFund, Arch. Sonny Echono, disclosed this at a strategic workshop with heads of beneficiary institutions on the 2025 disbursement guidelines in Abuja on Thursday.

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Echono said: “Under this current disbursement cycle, each university will get N2,560,562,352.66 under normal allocation, with an additional N300,000,000.00 for zonal allocation, making N2,860,562,352.66 for each university.

“Each polytechnic will get N1,794,335,731.71 for normal allocation, with N200,000,000.00 for zonal allocation, amounting to N1,994,335,731.71.

“Each College of Education will receive N1,978,428,260.79 for normal allocation, with N200,000,000.00 for zonal allocation, amounting to N2,178,428,260.79.”

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He urged all heads of beneficiary institutions to ensure the full utilization of their 2024 and previous allocations while fast-tracking the procurement process to access their 2025 allocations.

The Executive Secretary said that, in line with the Federal Government’s directives, all Physical Infrastructure Development allocations for 2025 would be directed toward the upgrading, rehabilitation, and renovation of dilapidated infrastructure in beneficiary institutions.

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“This was communicated to you earlier to enable you to consult widely and prepare your projects ahead of time. You were also advised to employ the services of your consultancy units and/or physical planning units in the preparation of projects. Under the current disbursement cycle, the Fund has significantly increased the allocation for research and innovation, academic staff training and development, as well as manuscript and book development.

“It has also significantly increased the number of beneficiary institutions for its special and designated projects.”

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He said the 2025 disbursement allocation is structured as follows: “The total direct disbursement of 91.08% is made up of 48.90% as annual direct disbursement and 42.18% as special direct disbursement. Designated projects account for 8.72%, while stabilization funds are 0.20%. In this regard, each category of beneficiary institution has been allocated the annual direct disbursement as follows.

“Under the special direct disbursement category, key initiatives include increased funding and expanded participation in the Special High Impact Programme completion of the National Library building in Abuja, establishment of mechanized farms in some universities, and accelerated provision of student hostels through Public-Private Partnerships and direct construction in fulfillment of the President’s promise to Nigerian students and in furtherance of plans for our institutions.

“Other key focus areas in the 2025 disbursement guidelines include expanding infrastructure to enhance student intake for doctors, nurses, pharmacists, and dentists in our universities and colleges of medicine, adoption of medical simulation and technology to improve curriculum delivery and patient care, provision of alternative power to selected beneficiary institutions to mitigate current difficulties in coping with energy costs.

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“Other priorities include addressing campus security, enabling disaster recovery, and completing previously distressed projects. Research and innovation support will continue with provision for the National Research Fund, institutionalization of R&D, expanding partnerships, Research Meets Industry (Triple Helix initiative), and commercialization of research outcomes.”

According to him, TETFund is also making significant investments in laboratory and agricultural development. “Additional funding has been allocated for the recently approved central multipurpose research laboratories in Lagos, Abuja, Kano, and Port Harcourt, along with the establishment of two new ones.

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“Three new agricultural laboratories/demonstration farms will be set up, with additional support for the existing ones. Under designated projects, we will provide funding for the upgrading of engineering workshops and laboratories in universities, polytechnics, and colleges of education.

“There will also be increased funding for the National Skills Development/TVET program in our polytechnics. Some of the new intervention lines introduced include: Diaspora Outreach/Exchange Program, Staff Support Fund for universities, polytechnics, and colleges of education, provision of electric tricycles for campus transportation, and Student Startup/Innovation Grants.”

He further said the Fund is establishing 12 new Entrepreneurship for Innovation Hubs in polytechnics and colleges of education, noting that its TERAS platform aims to digitise and modernize learning institutions, aligning with global standards. “We have consistently encouraged beneficiaries to make the best use of the platform as we sustain our collaborations and subscriptions to these learning management systems.

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“As part of our commitment to reducing reliance on government funding, institutions are requested to foster partnerships with the private sector for infrastructure development and facility management, starting with student hostels.”

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Police Arrest Nollywood Production Manager For Assaulting Crew Member

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The Lagos State Police have arrested a Nollywood production manager, Anierobi Courage, for allegedly assaulting a crew member.

Anierobi Courage, better known as Nwa South, reportedly assaulted the head of makeup, Mary Chizzy Eze, on October 28, 2025, while on the set of the film “Lagos to Opulence.”

A trending video of the physical altercation showed the production manager pressing Mary’s throat after slapping her, an act that has sparked widespread outrage on social media.

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Reacting to the public condemnation, the Nigeria Film Crew Community (NFCC), in a statement released on Thursday, described Courage’s actions as “animalistic behaviour.”

Announcing his arrest, NFCC called on Nollywood producers and other stakeholders to blacklist Courage across all productions.

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The production manager violently hit and strangled Mary Chizzy Eze for speaking up against unequal treatment among the crew. While she has received medical care, he has been arrested.

“This level of disregard for human dignity is unacceptable. We stand firmly against all forms of abuse, assault, and crew maltreatment,” the NFCC said.

 

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‘EFCC Collected N10m Before They Released Me’ – Oladips Alleges [VIDEO]

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Popular Nigerian singer, Oladips has accused the Economic and Financial Crimes Commission, EFCC, of collecting N10 million from him.

The rapper made this known nearly a year after he was arrested by EFCC during a midnight raid in his estate.

Oladips was arrested with some of his neighbors for alleged fraud in November 2024.

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He was released after spending five days in detention.

Speaking about his experience with the EFCC, Oladips in his latest interview on Trending podcast, stated that nothing was found on him after the EFCC investigations.

READ ALSO:EFCC Probes Travellers Over Undeclared $6m, £53,000 At Lagos Airport

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While revealing that the EFCC collected N10 million from him before his release, he lamented that “Nigeria just happened to me”.

“It’s just one smelling place like that. They just packed us there like sardines and they gave us nonsense food. Funny enough it was Zlatan that was sending me food. Zlatan is not even a friend, that’s my blood.

“He was sending someone to buy good food for me because the food there is bad. They just packed us there like sardines. I’m not even supposed to be there first of all. Like, why did I spend four to five days there when you people (EFCC) didn’t find anything on me, not even a single thing. And they still collect N10 million from me before they released me.”

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READ ALSO:EFCC Probes Travellers Over Undeclared $6m, £53,000 At Lagos Airport

When asked “Is it a thing you can take up against the EFCC later, or you will just allow the sleeping dog lie?”, the singer responded “Who is my father?”

“Who is my father now? At the end of the day, who is my father? It’s just me and my truth. It’s not something I will want to. I don’t just know how the system works. I for dey their page now if to say I dey do Yahoo. They didn’t find anything on me. If they are watching this, they know that I’m saying the truth.

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“They collected money from me before they released me. They didn’t find anything on me. So, what was the money for? What was all that stress and suffering for? It’s just Nigeria. Nigeria just happened to me,” he said.

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Bank MD Jailed Five Years For N32m Fraud

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The Economic and Financial Crimes Commission has secured a five-year conviction of a former Managing Director of Bonghe Micro Finance Bank, Grace Karka, for her role in a N32m fraud, with an option of fine.

The PUNCH learnt in a statement by the EFCC on Thursday that the agency received a petition from the bank alleging that the defendant transferred N32m while she was the bank’s MD to an unknown account.

The statement noted that the petitioner said the fraudulent act was discovered during an audit of the bank’s account domiciled with a commercial bank.

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She was subsequently arraigned before Justice Benjamin Lawan Manji of the Adamawa State High Court on counts of criminal conspiracy and cheating.

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One of the charges read: “That you, Grace Andreas Karka and Prince Moses Batalu, between August 2020 and March 2021 in Yola, Adamawa State, within the jurisdiction of this honourable court, did agree amongst yourselves to do an illegal act, to wit theft of N66,792,960.00 from Bonghe Micro Finance Bank Nigeria Limited (account number 2013668857 domiciled with First Bank Nigeria Limited) by dishonestly moving the said sum without necessary approval, contrary to Section 61(2) of the Adamawa State Penal Code Law 2018.”

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According to the statement, the defendant was arraigned in November 2024, but she pleaded not guilty, which led to a full trial.

The EFCC said during the trial, the prosecutor presented witnesses and tendered several documents, while the defendant presented three witnesses.

Following the trial, the judge found the defendant guilty and sentenced her to five years’ imprisonment.

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“Justice Manji, on October 17, 2025, while delivering judgment, said the prosecution proved the case beyond a reasonable doubt and convicted the defendant accordingly on counts one and two.

“The judge also sentenced Karka to five years’ imprisonment with an option of N3m each on counts one and two. The sentence is to run concurrently.

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“In addition, the court ordered the convict to restitute the balance of N29,877,040 to the petitioner,” the statement added.

This is not the first time a former bank MD has been jailed for fraud.

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