Tunji Alausa newly appointed minister of education.webp
The Digest:

In a decisive move to curb financial stagnation in education, the Federal Government has issued a 30-day ultimatum. According to the Nigerian Tribune, Education Minister Tunji Alausa mandated tertiary institutions to return all unutilized TETFund grants, threatening sanctions for non-compliance to ensure public funds yield tangible development.

Key Points:
  • Minister Tunji Alausa gave universities a 30-day deadline to reconcile unspent funds.
  • The government will conduct quarterly reviews to track utilization and compliance.
  • Institutions face sanctions for failing to use allocated funds effectively.
  • Unused allocations may be redirected to other priority projects.
  • A public dashboard will be created to enhance transparency and tracking.
  • The minister lamented that idle funds represent lost opportunities for infrastructure.
  • Capacity-building programs will be introduced to strengthen project management.
This crackdown signals a shift from mere allocation to demanding accountability, framing idle funds as a direct betrayal of public trust and national progress.

Sources: Nigerian Tribune