The Tertiary Education Trust Fund (TETFund) has announced that it will allocate N6.452 billion to 271 tertiary institutions under this year’s intervention cycle.
The money, the agency said, is meant to strengthen critical physical infrastructure and enhance academic programmes.
It is also expected to boost research and innovation as well as drive overall transformation in the tertiary education sector. 
President Bola Ahmed Tinubu had approved the disbursement guidelines.
According to the guidelines, the funds will be released directly to over 271 beneficiary institutions across the country.
Under this year’s intervention cycle, the agency will disburse N2.525 billion to each beneficiary university as an annual direct intervention, while polytechnics will receive N1.871 billion each and colleges of education will get N2.056 billion each.
TETFund’s Executive Secretary, Sonny Echono, gave the details yesterday in Abuja during a strategic stakeholders’ meeting with heads of beneficiary institutions on the 2026 disbursement guidelines.
During the programme, allocation letters for this year’s intervention were distributed to the institutions.
Echono said the total annual direct disbursement accounted for approximately 90.75 per cent of the funds, with annual direct disbursements at 50 per cent and special direct disbursements at 43.75 per cent.
The TETFund boss hailed President Tinubu for his timely approval of this year’s Disbursement Guidelines and for his steadfast commitment to the repositioning of Nigeria’s tertiary education sector in line with the administration’s Renewed Hope Agenda.
He said: “All universities, regardless of age, size, or enrolment, will share N2,525,932,228.02, all polytechnics will share N1,871,059,920.53, and all colleges of education will share N2,056,527,973.04.
“These funds are meant to strengthen critical physical infrastructure, enhance academic programmes, boost research and innovation, and drive overall transformation in Nigeria’s tertiary education sector.”
The executive secretary said the funds were meant to strengthen the quality and impact of research in beneficiary institutions.
According to him, to further strengthen the quality and impact of research in the beneficiary institutions, TETFund has introduced a new Intervention Line in the Year 2026 annual direct intervention: the Nigerian Research and Education Network (Ng REN).
“This new intervention line aims to improve access to global academic resources and to integrate the Tertiary Education, Research, Applications and Services (TERAS) platform into NgREN with effect from the 2026 intervention.
“With these investments, 2026 promises to be a year of growth, innovation, and measurable impact,” the executive secretary stated.
Echono also said the agency would continue to equip and upgrade research and development (R&D) offices, laboratories, and workshops.
He added that student exposure programmes would be strengthened through private-sector partnerships and direct construction initiatives.
