Thursday 22nd June, 2017
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TETFund condemns poor use of funds by higher institutions

TETFund condemns poor use of funds by higher institutions

The Executive Secre­tary of the Tertiary Education Trust Fund (TETFund), Profes­sor Abdullahi Baffa Bichi, has decried poor utilization of library and manpower training funds by some ter­tiary institutions across the country.
Professor Bichi, who stated this while address­ing management and staff of Bayero University Kano (BUK) recently, said it was unfortunate that the billions of naira spent on library and manpower development did not yield the expected re­sults.
“The money we have al­located to the benefiting institutions for library de­velopment is more than enough for the beneficiaries to establish world-standard libraries. Unfortunately, the funds were poorly utilized with nothing on ground to show in terms of develop­ment.
“I have seen a request that was sent to the fund where a book that I know cost only N1,500 was said to be pro­cured at N150,000. This is how some institutions are squandering public funds,” he said.
He, however, said the agency has resolved to re­view the procurement guidelines in order to bring sanity in the procurement processes.
Professor Bichi, who was at BUK to commission six projects executed by the university, also blamed some Nigerian universities for not sending their schol­ars to the appropriate insti­tutions for training.
He said the first and sec­ond generations of Nige­rian scholars got it right by getting their training at the appropriate universities, as­suring that henceforth, the fund would not sponsor any scholar to study in a low ranking institution any­where in the world.
“The fund must assess the country and university be­fore sponsoring our scholars to study there. We are going to send our scholars to the best universities across the world for training,” he said.
Earlier, the Vice Chan­cellor of Bayero University Kano (BUK), Professor Mu­hammad Yahuza Bello, said the university has accessed and utilized all its alloca­tions up to 2014, saying the institution is planning to as­sess the 2015 and 2016 allo­cations together.
The projects commis­sioned include Center for Infectious Diseases, Center for Advance Medical Re­search and Training both situated at the Aminu Kano Teaching Hospital, Law li­brary, a block of 30 staff of­fices, classrooms and staff offices at the Faculty of Law, and gymnasium structure for sports.

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