TETFund Invests N70bn in Mini Grid Power Projects for Nigerian Higher Institutions
The Tertiary Education Trust Fund (TETFund) has allocated N70 billion for the development of Mini Grid Power projects in 18 selected higher institutions in Nigeria. This initiative aims to reduce the high cost of electricity in these institutions, facilitating research and learning.
The TETFund board member, Danladi Abubakar Sani, highlighted the importance of creating an industry that fosters innovation, generates employment, and contributes to the nation's economic growth. The allocation for the Mini Grid Power projects is part of the Year 2025 Intervention Cycle to address the challenge of high electricity costs faced by tertiary institutions in Nigeria, promoting innovation and economic development.
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