Tetfund executive secretary decries poor use of intervention fund by institutions

Here is a possible article based on the topic:

TETFund Executive Secretary Decries Poor Use of Intervention Fund by Institutions

The Executive Secretary of the Tertiary Education Trust Fund (TETFund), Professor Suleiman Bogoro, has lamented the poor use of the intervention fund by some institutions of higher learning in the country.

Speaking at a stakeholders' meeting in Abuja, Professor Bogoro expressed disappointment at the lack of accountability and transparency in the utilization of the fund by some institutions. He noted that despite the significant amount of money allocated to the fund, many institutions have failed to utilize it effectively, leading to a waste of resources.

The TETFund Executive Secretary emphasized that the fund was established to support the development of tertiary education in Nigeria, and that it was imperative for institutions to use the resources provided to achieve the fund's objectives. He warned that institutions that fail to utilize the fund effectively would face consequences, including the withholding of future allocations.

Professor Bogoro also highlighted the need for institutions to prioritize the use of the fund, focusing on projects that would have a significant impact on the development of their institutions. He encouraged institutions to adopt a more strategic approach to the use of the fund, and to ensure that all projects are properly monitored and evaluated.

The TETFund Executive Secretary also commended institutions that have been using the fund effectively, noting that their efforts have led to significant improvements in the quality of education and infrastructure in their institutions.

The meeting was attended by representatives of institutions of higher learning, as well as officials of the TETFund and other stakeholders in the education sector.

Source: [Insert source of article, e.g. Vanguard, Punch, etc.]