Tertiary Institutions Face Sanctions Over Unutilized Intervention Funds.

The Federal Government has directed all tertiary institutions to submit comprehensive reports on unutilised intervention funds received from the Tertiary Education Trust Fund within thirty days.

The Minister of Education, Doctor Tunji Alausa, gave the directive in Abuja during a meeting with heads of tertiary institutions, stating that sanctions will be imposed on institutions that fail to utilize funds effectively.

Alausa expressed concern over the huge sums of TETFund allocations that remain unspent across universities, polytechnics, and colleges of education, saying the situation has stalled infrastructural and academic development.

To ensure accountability, the minister said the government would introduce quarterly compliance reviews and capacity-building programmes to strengthen project management and reporting.