At The Polytechnic, Ibadan, President Bola Tinubu has formally opened three projects funded by the Tertiary Education Trust Fund (TETFund).
The president was represented at the function by Adebayo Adelabu, the minister of power, as he was unable to attend in person.
Remember how the President had gone to Riyadh, Saudi Arabia, to attend the Saudi-Africa Summit?
According to Gistlover , the building of the science faculty building for the 2017–2018 annual intervention, the faculty of business and communication studies building for the 2019 special intervention, and the faculty of financial management studies complex for the 2020 annual intervention are among the projects that were officially opened.
The entire cost of these developments was N890,302,775.26.
Through a number of initiatives and projects in the education sector, President Tinubu reaffirmed his administration’s commitment to delivering high-quality education for everyone. Additionally, he conveyed his gratitude to the TETFund for carrying out its obligation to support Nigerian higher institutions financially.
“The Polytechnic of Ibadan has turned out very good products. So, it is not by mistake that TETFund is being generous to the Polytechnic of Ibadan,” the president said.
“Being one of the pioneer polytechnics in the country, this institution has done a commendable job in the growth of the Nigerian youth.
“It is a mother polytechnic, and it has given rise to all sorts of offspring, and it is one of the sources of academic excellence in Nigeria.”
In his address, Sonny Echono, TETFund’s executive secretary, said financing the projects was a clear demonstration of the government’s commitment to providing physical infrastructure in the nation’s public tertiary institutions.
“It is our commitment at TETFund to ensure that value is obtained for funds allocated to the benefitting institutions, to aid teaching, learning and research and by implication, make them globally competitive,” he said.
Echono commended the rector and management of The Polytechnic Ibadan for executing and completing the three projects commissioned.
“With the achievement of this feat, the fund believes the projects will significantly impact the training of students while providing a conducive working environment for staff and students,” he said.