TETFund Seeks Long Term Financing For Education Programme

The Tertiary Education Trust Fund (TETFund) has stated that it will explore the possibility of getting long term financing from African Development Bank (AfDB) for subsequent editions of the Energizing Education Programme (EEP).

Executive Secretary of TETFund, Sonny Echono who made this known during a courtesy visit to his office by the Managing Director of Rural Electrification Agency (REA), Salihijo Ahmad, in Abuja, said getting long term finance package for the project would be cost effective as only short term funds are currently available to the agency.

The EEP is an initiative of the Federal Government, implemented by the Rural Electrification Agency (REA) to provide sustainable and clean power supply to 37 Federal Universities and seven University Teaching Hospitals across Nigeria.

He expressed the Fund’s readiness to partner with the Agency to ensure uninterrupted power supply in universities and other tertiary institutions in the country.