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TETFund Allocates ₦850m To Offa Poly In 2024 Alone, Rector Pushes For Hostel, Energy Projects
The Rector of Federal Polytechnic, Offa, Dr. Kamoru O. Kadiri, has disclosed that the institution has benefitted from over ₦4 billion intervention funds from the Tertiary Education Trust Fund (TETFund) for infrastructural development.....KINDLY READ THE FULL STORY HERE▶
Speaking during a TETFund town hall meeting in Ilorin, Kwara State capital, Dr. Kadiri commended the consistent intervention of the Fund, stressing that without it, many tertiary institutions in Nigeria would have degenerated into what he described as “glorified secondary schools.”
According to him, the allocation covers different categories of intervention, including special, high-impact, and normal infrastructural support. He revealed that in 2024 alone, the polytechnic received ₦850 million for infrastructural projects.
While appreciating the significant support, the Rector appealed for more investments in students’ hostels, noting that the polytechnic’s population has risen to over 18,000, with pressing need for at least a 3,000-capacity accommodation facility. He also emphasized the importance of TETFund’s intervention in energy supply and utility vehicles to enhance administrative operations.
On the issue of sustainability, Dr. Kadiri explained that TETFund had directed institutions to focus on the maintenance of existing structures this year rather than new constructions. He said ₦250 million was earmarked for this purpose, with about 30 percent allocated to laboratory equipment and the remainder for refurbishing aging campus buildings.
Dr. Kadiri reiterated that the impact of TETFund’s interventions continues to transform learning environments in Nigerian tertiary institutions, ensuring their survival and competitiveness.
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FISCAL EMERGENCY! Nigeria Plunges Deeper Into Debt Crisis as FG Borrowings Surge by 61% to Reach ₦12.62 Trillion!
According to the 2024 Fourth Quarter and Consolidated Budget Implementation Report released by the Budget Office of the Federation, the Federal Government exceeded its original borrowing target by ₦4.79 trillion, reaching a total borrowing of ₦12.62 trillion—a 61.2% increase from the planned ₦7.83 trillion.....KINDLY READ THE FULL STORY HERE▶
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Revenue Shortfall: Total revenue stood at ₦20.98 trillion, falling ₦4.90 trillion short of the ₦25.88 trillion target, largely driven by lower-than-expected oil earnings (gross oil revenue missed its target by ₦4.93 trillion due to lower crude prices and production output).
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Expenditure & Deficit: Total expenditure was ₦34.49 trillion (close to the ₦35.06 trillion estimate). However, the revenue shortfall widened the fiscal deficit to ₦13.51 trillion, which is ₦4.34 trillion higher than projected.
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Debt Servicing & Public Debt: Total debt expenditure surged to ₦12.36 trillion (exceeding the budgeted ₦8.27 trillion by 52.71%). By December 2024, Nigeria’s total public debt climbed to ₦144.67 trillion, pushing the debt-to-GDP ratio to 61.22%.
Stakeholder Perspectives:
While economic experts like Aliyu Ilias and Dr. Muda Yusuf cautioned against the rapid accumulation of debt and its inflationary risks, the Presidency and Finance Minister Taiwo Oyedele defended the borrowings. They emphasized that loans remain vital for funding critical infrastructure, provided the funds are utilized productively for high-return assets.
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SHOCKING DOWNGRADE! How A Once-Powerful Kano Local Government Boss Returned To Sewing Machines Following Election Heartbreak!
Abdullahi Gali Shitu (also known as Comrade Abdullahi Gali Basaf), the former chairman of Kumbotso Local Government Area in Kano State who served until March 2026, has returned to his tailoring profession following an election defeat. Speaking to Daily Trust, Basaf shared that he intentionally went back to tailoring because it provides greater stability than politics. He stressed that politics should be seen as a platform to serve rather than a permanent livelihood, advising that individuals must possess a sustainable trade.....KINDLY READ THE FULL STORY HERE▶
Reflecting on his journey, Basaf noted that his tailoring business previously funded his political campaigns and organizations. Despite holding Bachelor’s and Master’s degrees in Political Science along with extensive professional networks, he chose his lifelong passion for tailoring to make a greater societal impact. Currently mentoring around twenty apprentices, his long-term vision is to modernize the craft, establish an international-standard garment company to employ over fifty people, and teach young people to find dignity in skilled trades.
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THE ULTIMATE REWARD! Wike Approves Massive Promotion For 3,592 FCT Workers In Daring Administrative Sweep!.
The Federal Capital Territory (FCT) Minister, Nyesom Wike, has greenlit the promotion of 3,592 civil servants, successfully concluding the 2025 promotion cycle overseen by the FCT Civil Service Commission.....KINDLY READ THE FULL STORY HERE▶
Emeka Ezeh, Chairman of the FCT Civil Service Commission, highlighted that the promotion underscores the administration’s dedication to staff welfare under the Renewed Hope Agenda. The senior and junior staff promotion exams were successfully conducted in July, and Ezeh commended Minister Wike for providing the support necessary for a seamless exercise.
Key Highlights:
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Immediate Follow-Up: Minister Wike has directed the commission to instantly kick off the 2026 promotion exercise to ensure timely career progression without delays.
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Merit and Preparation: Ezeh reminded prospective candidates for the upcoming cycle to prepare early, emphasizing that promotions remain strictly merit-based, competitive, and dependent on available vacancies.
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Stakeholder Appreciation: The commission praised FCT civil servants for their orderly conduct and extended gratitude to the Joint Union Action Committee (JUAC) for its vital cooperation.
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