TETFund might remove schools from its funding list if they perform poorly or misuse money. Sonny Echono shared this message during a meeting with school leaders on Monday in Abuja. He explained the rule aims to protect the value of TETFund programs rather than punish schools. TETFund wants its money to go only to schools that show good management. The fund seeks to fix problems in Nigerian higher education through better project completion.
Schools must meet student number goals to keep receiving money. They also need to spend funds correctly or risk losing support. Echono stressed that schools must report how they use all the money they receive. Schools failing to meet these standards will lose access to future funding. The meeting brought together heads of schools, money managers, and buying officials from across Nigeria.
Schools must meet student number goals to keep receiving money. They also need to spend funds correctly or risk losing support. Echono stressed that schools must report how they use all the money they receive. Schools failing to meet these standards will lose access to future funding. The meeting brought together heads of schools, money managers, and buying officials from across Nigeria.
