The Tertiary Education Trust Fund (TETFund) has threatened to delist institutions that fail to access and utilise their allocations.

TETFund said the funds would be diverted to institutions that are up to date with accessing and utilising the disbursements.

TETFund Executive Secretary, Sonny Echono, gave the warning in Abuja at a two-day strategic workshop for directors of physical planning, academic planning, and Information and Communication Technology (ICT) from institutions benefiting from the Fund.

He said: “Let me reiterate that institutions that fail to access, utilise, or retire funds in accordance with Fund guidelines or that underperform in key academic or operational benchmarks may face delisting as TETFund beneficiaries.

“This policy is not punitive but a mechanism to safeguard the integrity and effectiveness of our interventions,” he said.

Echono explained that the primary aim of the gathering was to build the capacity of key personnel responsible for planning, implementation, and monitoring of TETFund-supported projects.

He said the workshop reflects the Fund’s commitment to reinforcing the country’s tertiary education system by closing gaps in its processes and procedures, particularly through a better understanding of its intervention guidelines.

“The aim is to ensure that every institution represented here is well equipped to align more effectively with the Fund’s operational procedures for greater efficiency, accountability, and developmental impact.

“This engagement is more than a routine meeting. It is a strategic convergence designed to address recurring implementation bottlenecks, improve compliance, and enhance institutional performance.

“It is our collective responsibility to ensure that the gains from TETFund interventions are not only sustained but amplified through timely and judicious utilisation of resources,” he added.

Echono also highlighted strategic priorities that will shape the Fund’s direction in 2025 and beyond.

On the TETFund Scholarship for Academic Staff (TSAS), he said TETFund had earlier suspended its foreign training component effective Wednesday, January 1, 2025.

“Firstly, regarding the Academic Staff Training and Development (AST&D) intervention, the Fund has suspended the foreign training component of the TETFund Scholarship for Academic Staff (TSAS), effective Wednesday, January 1, 2025.

“This decision, though difficult, was necessitated by the rising costs of overseas training and incidences of scholar abscondment. However, our commitment to building local academic capacity remains strong. We will continue to support rigorous local postgraduate programmes and professional development initiatives that deliver value at sustainable cost,” Echono said.

He also reaffirmed the Fund’s focus on research and innovation, noting an increase in funding for various initiatives.

“Secondly, research and innovation remain central to our mandate. For 2025, we have scaled up funding to the National Research Fund (NRF), the Research and Innovation Fund, and the Triple Helix Model for research-industry collaboration.

“These initiatives are expected to generate practical solutions to national problems, particularly in technology, agriculture, and healthcare, while fostering commercialisation and cross-institutional partnerships,” Echono stated. (Daily Sun)