President Muhammadu Buhari has approved the sum of N208 billion for the upgrade of Nigerian federal universities.
Naija News understnds that the President made this known at the 23rd convocation of the University of Abuja on Saturday, June 15.
Buhari who was represented by the permanent secretary of the ministry of education, Sonny Echono, said Nigeria could overcome its challenges by developing its human capital.
The funds signed by the President could be attributed to part of the President’s resolve to beam its searchlight, attention on the Nigerian educational sector as Echono in his statement quoted Buhari to have said his administration would continue to address the concerns of the tertiary institutions in the coutry.
In Echono’s statement, Buhari was quoted to have said; “The present administration will continue to improve on the infrastructural facilities in the universities, promote teacher development and curriculum review,” Buhari said.
“It is in furtherance of this that I recently approved the disbursement of N208bn to public tertiary institutions under the 2019 intervention of the TETFUND.
“The ability of Nigeria with its huge population to overcome its present challenges of development no longer depends on petroleum resources but on the ability of the country to develop its human capital.
“The government will continue to look into the issues raised by the universities.”
The president added that the government would “monitor the universities closely.”