NLNG Corporate Respect banner First bank FinTech summit Fidelity bank card banner Emerald Energy Institute Camano banner

UNN executes over 400 projects with TETFUND, capital and internally generated revenue

By News Express on 12/03/2014

Gmail icon

Views: 4,394

The University of Nigeria Nsukka has executed over 400 projects over the four-year period 2010-2013 deploying funds from the Tertiary Education Trust Fund (TETfund), FG capital allocations and Internally Generated Revenue.

UNN Vice Chancellor, Prof. Bartho Okolo, disclosed the huge project profile at the university yesterday while rendering account at the South-East Stakeholders’ Forum of the TETFUND/Capital Interventions in Higher Institutions held at the Main Hall of the Enugu Campus of the institution.

Education Minister Nyesom Wike attended the forum with the Permanent Secretary Ministry of Education, Dr. MacJohn Nwaobiala, Chairman of TETFUND, Dr. Musa Babayo, and Mallam Aliyu Na’Iya, Acting Executive Secretary of the Tertiary Education Trust Fund.

According to Okolo, UNN accessed N2.6bn from the Education Trust Fund and a further N1.7bn in capital allocations over the period. The receipts, he disclosed, are from total TETFund allocation of N7.8bn and capital allocation of N3.5bn over the four-year period. TETfund over time bridges shortfalls between allocation and releases as institutions execute projects and show proof.

Okolo disclosed that UNN executed 179 projects with TETfund monies over the period covering physical infrastructure, teaching and learning environment and academic work. There were 20 construction projects, six procurements, 39 scholarships for higher studies while the Fund paid for 115 conferences and workshops attended by staff of the institution.

Of the 17 projects executed with capital allocations, 15 were construction projects tackling physical infrastructure. Two were procurements for laboratory equipment.

UNN raked up Internally Generated Revenue (IGR) of N4.9bn over the period. The Vice Chancellor’s report showed that UNN executed 227 projects using IGR. The breakdown shows 133 constructions, 30 procurements, 35 scholarships and sponsorship of 29 conferences.

Major projects executed during the period, Prof. Okolo disclosed, include the Department of Economics building, remodelled and expanded from single floor to three floors with N216m from TETfund the Workshop for Vocational Teacher Education, with TETfund’s N110m leading the project and a new Faculty of Pharmacy Building under construction with N469m from TETfund.

Others are the construction of a multi-storey CEC Seminar Building, construction of a Law Faculty Building for N215m, and the N26m Studio/Laboratory for Architecture also at the Enugu campus.

Okolo said TETfund also provided N458m for the procurement and installation of 13,600 seats for more than 24 lecture theatres, and 113 classrooms at both the Nsukka and Enugu campuses. A further N74.8m from the TETfund enabled UNN install 228 projectors and smart boards in lecture theatres, laboratories and classrooms.

He said that procurement and installation of equipment for the Cardio-Thoracic Unit, College of Medicine, Ituku Ozalla was courtesy of N460m from the TETfund, while it has made available N1.5b for the construction of a main administrative building, auditorium and cultural centre for the new Anyim Pius Anyim Institute of African Studies.

Capital Appropriation funds enabled UNN execute major projects including construction of Pathology Laboratory at the College of Medicine (N339m), ongoing construction of administrative block at Enugu campus (N790m), remodelling of Personnel and Records Office buildings at Nsukka and construction of a multi-activity students centre at Nsukka (N259m).

Okolo showed pictures of the various projects including new and refurbished roads and landscaping projects that have enhanced the ambience of the institution and its suitability for academic work and university community.

Key IGR projects include construction of a new School of Post Graduate Studies (N1.02bn),  rehabilitation and upgrade of 19 hostels involving structural restoration, re-roofing, replacement of windows and doors, refitting of WCs, painting etc) (N478m) and a University Printing Press equipped with N100m.

IGR projects benefitted from strong networking and leveraging of the UNN brand to collaborate with private sector players, institutions and individuals who are contributing to the school. Chairman of Shell Companies in Nigeria and Managing Director of Shell Petroleum Development Company JV, Mr. Mutiu Sunmonu, is scheduled to commission the Centre for Environmental Management and Control today. The project commenced with an initial $1m donation from Shell. Google Inc, MTN Communications and MainOne Cable as well as the Enugu State Government collaborated in providing Internet over a wide area network, while Fidelity Bank helped in procuring the 400 PC units Computer Lab at the Nnamdi Azikiwe Library. Other projects include the N6bn Central Bank-sponsored Centre for Financial Studies, the Ifeanyi Ubah Data Centre and the Ibeto Diagnostic Centre valued at N600m each.

Institutions present at the TETfund Stakeholders’ Summit were Federal Polytechnic, Nekede, Federal College of Education (technical), Umunze and Federal University of Technology, Owerri. Others include Akanu Ibiam Federal Polytechnic, Unwana, Federal College of Education, Eha Amufu, Michael Okpara University of Agriculture, Umudike. Also present were Federal Polytechnic, Oko, Nnamdi Azikiwe University, Awka, Alvan Ikoku College of Education, Owerri and Federal University, Ndufu-Alike.

TETfund Chairman Alhaji Babayo said the fund had N31bn allocation for schools in the South East zones but regretted that institutions had only been able to access N10b of this sum. He called for speedy execution of projects and retirements by institution managers to enable them access the outstanding sums.

TETfund Executive Secretary Mallam Na’Iya said TETfund interventions based on the 2% Education Tax on companies in Nigeria seek to “provide sustainable support in the funding of education in Nigeria.”

•Photo (L-R) shows Education Minister Nyesom Wike with UNN VC Prof. Bartho Okolo and Tetfund Executive Secretary Mallam Aliyu Nai’ya . . . yesterday in Enugu.

Source News Express

Posted 12/03/2014 6:03:38 PM





You may also like...
World’s biggest fertilizer company to invest in Bauchi...

SHOCKER: Abuja communities where they still kill twins,...

NiMET predicts thunderstorms and rains today

Tanko Yakassai to Ndigbo: You won’t get presidency...

Izunaso declines nomination as Imo NDDC Rep •Senate...

Ambode gives December deadline for delivery of Berger...

Kano shuts school over sodomy

Saraki, Dogara snub Independence Day parade

Executive Order 6 most potent weapon against corruption,...

Panic, as strange armed men camp in Bauchi...

Choose a professional as Communications Minister, Computer Guild...

Nigerian soldier emerges best student in Uganda


Latest News Senate uncovers secret recruitment by MDAs 86-year-old arrested in connection with 40-year-old murder case Recruitment scandal and dishonourable Senators 40 suspected robbers, kidnappers, rapists arrested in Delta Umahi distributes 68 SUVs to aides Anti-terror war: N100bn Army budget too small — NASS Neighbouring countries becoming hostile to Nigerians over border closure — Customs Agents AfDB President to train young African farmers with $1.1 prize money Hospital offers free treatment to 100 Polio victims Kogi students demand bursary payment before governorship poll HURIWA condemns clampdown on investigative journalists by govt NFIU seeks to enjoy same salary scale with CBN


Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (552,915 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (448,118 views) Shameless Genevieve Nnaji exposes breasts in public (395,946 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (331,301 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (299,685 views) 10 cars more expensive than Jets (266,980 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (256,479 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (253,900 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (235,443 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (221,615 views) Lagos plane crash: Journalist releases victims’ names (198,981 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (196,119 views)


CBN milk production

CBN banner advert

UBA Wise Savers Promo


Categories Advertorials (3) African Press Organisation (81) Art & Literature (105) Business & Economy (4,508) Business Verdict (85) Columnists (1,132) Complaints & Requests (97) Enterprise & Opportunities (218) Entertainment (693) Features (838) Global Business Monitor (475) ICT Monitor (66) International (4,108) Interview (205) Live Commentary (30) Love Matters (174) Maggie's Blog (456) News (53,000) Opinion (1,402) Pidgin (17) Politics (11,595) Religion (1,112) Sports (2,198) Stock Watch (39) AMA & Al Jazeera Global Update







APO Group Partner




GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera