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Home Education News

TETFund Supports Akwa Ibom University With Construction of 1,600 Capacity Hostel

News Editor by News Editor
May 15, 2024
in Education News
0
TETFund Supports Akwa Ibom University With Construction of 1,600 Capacity Hostel

By Ngozi Nwankwo

Africa Plus Partners in partnership with Akwa Ibom State University, are set to launch the construction of a 1,600 capacity student hostel through the support of Tertiary Education Trust Fund,TETFund.

The Executive Secretary of TETFund, Arc
Sonny Echono disclosed this in Abuja on Monday in his address at the Workshop on “Emerging Areas of Students Needs in Beneficiary Institutions,’’ Organised by the Fund in Abuja.

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Echono said the workshop
was to review policies and programs, and receive feedback on the implementation of various interventions.

According to him, the Fund and the government have tried over the years to build student hostels across the country but the government appears overstretched and unable to meet the ever-increasing number of students enrolling into the various institutions annually.

“As a result of this, we have at several fora advocated the consideration and involvement of the private sector under a Public Private Partnership arrangement to provide solutions to the student accommodation crises across institutions.

“Under the year 2024 intervention cycle, based on Mr. Presiden’ts approval, 12 Nos institutions (6 universities, 3 Polytechnics, and 3 Colleges of Education) were identified and selected to benefit from a ₦1 billion allocation which will be utilized as equity contribution in partnership with private developers to construct hostels in these selected institutions.

“In line with our enabling law, two (2) institutions were selected for each of the 6 nos geopolitical zones in the country. I am pleased to inform you that the Africa Plus Partners in partnership with Akwa Ibom State University, will launch the construction of a 1, 600 capacity student hostel through the support of TETFund, tomorrow the 15th of May, 2024.”

The executive secretary the development is a significant one, while other institution to consider similar initiatives as solution to student’s accommodation deficiency across institutions.

“The Fund hopes to sustain this development in subsequent years intervention and solicit, that our beneficiary institutions do same. Ultimately, our student’s wellbeing will be greatly enhanced and our tertiary institutions more globally competitive,” he said.

Adding, he said another area that has occupied the Fund’s thoughts and concerns is the repositioning of the teaching profession and the teaching practice intervention that the Fund had consistently made available to supervisors and the sustainability of the intervention.

He said the Fund recently received a communication from the Federal Ministry of Education regarding the Presidential directive on the support of teaching practice and the recommendations of the National Salaries, Incomes and Wages Commission regarding the teaching practice allowance, which now includes Faculties of Education in our Universities.

According to him, this has become an issue, that I believe requires our collective brainstorming in other to give effect to the Presidential directive.

“It may lead to the reworking of the teaching practice funding template currently in use. The methodology employed in the computation of the allowance by the Fund and that of the Salaries, Incomes and Wages Commission appear to be different, hence the need for harmonization to achieve shared acceptance.

“While the Fund, as approved by the Board of Trustees, provided a 3 days Duty Tour Allowance to supervisors, based on the civil service recommended rate and a transportation support based on grade levels, the Salaries and Wages Commission provides for the payment of monthly stipends to supervisors and students-teachers at approved rates irrespective of rank or grade level and without provision for transport.

“As a directive of government, the Fund is obliged to comply and implement the content and spirit of the directive. The Fund, by all means recognizes the significance of the inclusion of the student- teachers and the Faculties of Education which is to make the teaching profession more attractive,” he added.

Tags: Tertiary Education Trust FundTETFund
News Editor

News Editor

SUMMIT POST (www.summitpostnews.com) is an Online news medium, powered by Highland Media Ltd. We publish a wide range of content, including Politics, Business, Sports and Entertainment on and about Nigeria, Africa and beyond. Follow us on social media for all the latest news and analysis. Contact us: WhatsApp: +234-803-209-6072; Call: +234-705-252-6124 Email: summitpostnigeria@gmail.com

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