The Tertiary Education Trust Fund (TETFund) has expressed concern over the exorbitant electricity bills faced by Nigeria’s universities, which amount to between N300 million and N400 million monthly, despite power being rationed to only four hours per day.
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TETFund Executive Secretary, Arc. Sonny Echono, announced that the organization would soon hold a meeting with stakeholders to discuss alternative power sources for universities.
This decision follows a meeting with the National Association of Nigerian Students (NANS), led by National President Comrade Lucky Emonefe, in Abuja.
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Echono highlighted the financial strain on universities due to high electricity costs and the inadequate power supply.
He revealed ongoing discussions with the Ministry of Power to address these challenges.
He emphasized the importance of protecting TETFund’s investments in infrastructure and called on students to safeguard these assets during any planned protests.
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Echono stressed the need for a stable academic calendar and improvements in the learning environment.
Under the president’s directive, TETFund will construct 36 new hostel facilities in 2024, with plans to double this number in 2025.
Echono affirmed that TETFund is committed to enhancing the quality of education and student welfare.
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NANS President Emonefe stated that the organization opted against a national protest, favoring dialogue for achieving student demands.
He assured that measures would be taken to prevent disruptions and misuse of student mobilization for protests.
