Edu News

TETFund Refutes Claims of N325m Funding for APC

The Tertiary Education Trust Fund (TETFund) has denied allegations that it allocated N325 million to the All Progressives Congress (APC) in Adamawa State.

The denial follows a petition by the APC Women Leader in Adamawa, Patricia Yakubu, accusing the Fund of financial misappropriation.

In a statement issued by the Director of Public Affairs, Abdulmumin Oniyangi, TETFund dismissed the allegations as baseless and politically motivated, labelling them the work of “desperate individuals”.

The statement, titled ‘TETFund Not a Political Party Funder,’ clarified: “The Tertiary Education Trust Fund (TETFund) is aware that a section of the social media has been inundated with images of a letter purportedly written by the woman leader of the Adamawa State Chapter of the All Progressives Congress (APC), Mrs. Patricia Yakubu, to the National Security Adviser, part of which contains insinuations that the party received funding of N325 million between October 2023 and October 2024 from TETFund.

“We wish to state unequivocally that the insinuation is not only preposterous and totally false, but also a great disservice to the nation that an individual of such political standing would engage in such frivolity without an iota of evidence.”

The statement further clarified that the General Murtala Mohammed College (GMMC), Yola, mentioned in the claims, is not a TETFund beneficiary institution, while FCE Yola, which is a beneficiary, independently oversees its contractor engagements in line with TETFund policies.

It added: “The fund has observed that allegations of this nature, sponsored by desperate individuals, have become the trend in recent times but will not be deterred in carrying out its statutory mandate, which remains funding for the rehabilitation, restoration, and consolidation of tertiary education in Nigeria.”

Oniyangi highlighted TETFund’s unwavering commitment to its mandate over the years, both as ETF and TETFund, with enhanced efforts under President Bola Ahmed Tinubu’s leadership.

“We advise that detractors get their facts right so as to avoid misleading the public,” he concluded.

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