TETFund Advocates PPP to Solve Campus Housing Issues

The Tertiary Education Trust Fund (TETFund) has urged heads of tertiary institutions in Nigeria to embrace public-private partnerships (PPP) to tackle the accommodation shortages on campuses. During a strategic engagement in Abuja, Executive Secretary Arc. Sonny Echono revealed that fewer than 50% of students currently reside on campus, exposing them to security risks.

Echono emphasized that under the proposed PPP model, institutions would provide land while TETFund would manage counterpart funding, with private-sector partners supplying developers and facility managers. He expressed disappointment at the slow response from institutions and highlighted that this partnership could alleviate financial burdens related to hostel construction and management.

Furthermore, Echono noted that the PPP model could extend to other facilities like shopping malls and pharmacies. He also encouraged institutions to adopt digital learning and utilize the TETFund Educational Resource and Access Scheme (TERAS) to enhance educational access and hybrid learning.