FG disburses ₦11.8bn interest-free loans to 6,842 tertiary institution workers

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The Federal Government has disbursed ₦11.8 billion to 6,842 academic and non-academic staff across Nigerian tertiary institutions under the Tertiary Institutions Staff Support Fund (TISSF).

The initiative, a joint programme of the Federal Ministry of Education and the Tertiary Education Trust Fund, is designed to enhance staff welfare, career development, and financial stability through interest-free loans.

Scope and Beneficiaries

According to official data, beneficiaries were drawn from 141 institutions, including federal universities, polytechnics, and colleges of education.

The scheme provides loans of up to ₦10 million per staff member at zero per cent interest, making it one of the most ambitious welfare interventions in Nigeria’s tertiary education sector.

So far, about 34,000 applicants from 219 institutions have been verified. Staff from federal universities account for the majority of applicants (59 per cent), followed by polytechnics (23 per cent) and colleges of education (18 per cent).

Broader Education Reform Agenda

The TISSF forms part of wider reforms under the Nigeria Education Sector Renewal Initiative spearheaded by the Minister of Education, Tunji Alausa.

Other complementary programmes include:

EduRevamp Teacher Platform: A digital training system launched in 2026, currently with over 37,000 registered users and 18,000 fully enrolled teachers. The platform offers audio-visual lessons, case studies, and certification for continuous professional development.

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School Safety Portal: Developed in partnership with the Nigeria Security and Civil Defence Corps, the platform currently hosts data on more than 156,000 geolocated schools nationwide, aimed at improving security monitoring and response.

E-tricycle Distribution Scheme: A total of 240 e-tricycles have been deployed across 12 institutions to support mobility and campus operations.

Key Conditions and Implications

Eligibility for the loan scheme includes a minimum of five years remaining before retirement, ensuring that beneficiaries have sufficient time for repayment.

The intervention signals a shift toward direct financial support for education sector workers, addressing long-standing concerns around welfare and capacity development.

However, with demand already exceeding supply (evidenced by the 34,000 verified applicants) the sustainability and scalability of the programme will likely shape its long-term impact.

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