Saturday 11 November 2023

TETFund Projects: Tinubu inaugurates three N900 million faculty buildings at Ibadan polytechnic

President Bola Tinubu on Friday inaugurated three faculty buildings sponsored by the Tertiary Education Trust Fund (TETFund) at The Polytechnic, Ibadan.


The president, represented at the event by the minister of power, Adebayo Adelabu, commended the institution for its role in educating the Nigerian youths.

”Being one of the pioneer polytechnics in the country, this institution has done a commendable job in the growth of the Nigerian youth,” he said.

Mr Tinubu reiterated his administration’s commitment to quality education through various initiatives and projects in the education sector.

He commended TETFund for delivering on its mandate in providing funding for Nigerian tertiary institutions.

“The Polytechnic of Ibadan has turned out very good products. So, it is not by mistake that TETFund is being generous to the Polytechnic of Ibadan. It is a mother Polytechnics and it has given rise to all sorts of offspring and it is one of the sources of academic excellence in Nigeria,” the president said.

In his address, TETFund executive secretary Sonny Echono said financing the projects demonstrated the government’s commitment to providing requisite physical infrastructure in the nation’s public tertiary institutions.

Mr Echono, represented by Babatunde Olajide, TETFund’s director (monitoring and evaluation), said it was in line with the ‘Renewed Hope Agenda’ of Mr Tinubu’s administration.

“It is our commitment at TETFund to ensure that value is obtained for funds allocated to the benefitting institutions, to aid teaching, learning and research and by implication, make them globally competitive. 

“The polytechnic is particularly significant given the strategic position it occupies in the training of technology-based courses, with strong emphasis on technical skills acquisition and applied research,” he said.

Mr Echono commended The Polytechnic, Ibadan’s rector and management, for successfully executing and completing the three projects commissioned.

The institution’s rector, Kazeem Adebiyi, commended TETFund for its support and sought more interventions to produce quality graduates for the country.

The inaugurated projects include buildings for the Science and Business and Communication Studies and Financial Management Studies faculties. The buildings cost N890,302,775.26.


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