The Federal Government has approved the 2022 intervention funds for public higher institutions across the country.
The executive secretary of Tertiary Education Trust Fund (TETFund), Arch. Sunday Echono made this known while receiving the Committee of Vice Chancellors of Nigerian Universities (CVCNU) in Abuja.
Mr Echono said the meeting of all beneficiary institutions would be held Monday to interact further and brief including some of the proposed reforms that have been approved for implementation.
He assured the vice chancellors of the fund’s commitment to sustain the ongoing reforms in the sector, with increased emphasis on the content of its interventions.
He also lamented the amount of resources being spent on sending children abroad for studies, urging universities, especially private ones to create a niche and compete with foreign universities that are attracting students in order to save costs.
Earlier, the chairman of the CVC, Prof Samuel Gowon Edoumiekumo, expressed confidence that Echono would continue with the trajectories of the past leadership and introduce new vistas that will add value to higher education provisioning in the country.