TETFund Budget Surges to N1.6 Trillion Under Masari

The Tertiary Education Trust Fund (TETFund) budget has significantly increased from N320.3 billion in 2023 to N1.6 trillion in 2025, as stated by Aminu Bello Masari, Chairman of the TETFund Board of Trustees, during the 2026 National Town Hall Meeting in Abuja. The budget rose to N683.4 billion in 2024 before reaching N1.6 trillion in 2025, reflecting the federal government's commitment to tertiary education under President Bola Tinubu.

Masari emphasized the need for this increased funding to yield tangible improvements in academic performance, research output, and graduate employability. The 2026 annual direct intervention will cover 271 institutions, with allocations of approximately N2.526 billion for each university, N1.871 billion for each polytechnic, and N2.057 billion for each college of education.

Additional funding includes N10 billion for skills acquisition centres, N48 billion for upgrading engineering facilities, and N6.09 billion for research proposals. Minister of Education Dr. Tunji Alausa mentioned curriculum reforms aimed at aligning education with industry needs.