LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL. (PHOTO). #PRESS RELEASE.

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 LASG ISSUES TRAFFIC ADVISORY AHEAD OF FANTI CARNIVAL The Lagos State Government has announced traffic diversions and restrictions ahead of the Lagos Fanti Carnival scheduled to hold on Monday, 6th April, 2026, around Tafawa Balewa Square (TBS), Lagos Island. In a bid to ensure a seamless and hitch-free carnival procession, vehicular movement will be restricted along major adjoining roads linking TBS. Affected Routes are; King George V Road (by Mobil Filling Station), Flag House inbound TBS, Force Road inbound TBS, Onikan Roundabout inbound TBS, and WaterBoy Roundabout by Old Defence House. Additionally, all link roads to Moloney Road, such as Military Road (by Old Defence Building), Ajasa Street, Boyle Street, and Hawley Street, will be closed to traffic during the event. To ease parking challenges, designated car parks have been arranged for public use, these include; the Yoruba Lawn Tennis Club Car Park, Zone 2 Car Park (opposite Island Club along King George V Road), Museum Kit...

TETFUND TO DISBURSE N2.86BN TO PUBLIC UNIVERSITIES.(PHOTO).


 TETFund to Disburse N2.86bn to Public Universities in 2025


The Tertiary Education Trust Fund (TETFund) has unveiled its 2025 intervention disbursement plan, allocating N2.86 billion to each public university, while polytechnics and colleges of education will receive N1.99 billion and N2.18 billion, respectively.


The announcement was made by TETFund’s Executive Secretary, Arch. Sonny Echono, during a strategic workshop in Abuja, where he outlined the disbursement structure and key priorities for 2025.


Breakdown of 2025 Allocations


Universities

Normal allocation: N2,560,562,352.66

Zonal allocation: N300,000,000.00

Total: N2,860,562,352.66


Polytechnics

Normal allocation: N1,794,335,731.71

Zonal allocation: N200,000,000.00

Total: N1,994,335,731.71


Colleges of Education

Normal allocation: N1,978,428,260.79

Zonal allocation: N200,000,000.00

Total: N2,178,428,260.79


Utilization and Implementation Guidelines

Echono emphasized that institutions must utilize their 2024 allocations efficiently and expedite procurement processes for the 2025 funds. He noted that the Federal Government’s directive prioritizes:

Rehabilitation and renovation of aging infrastructure.

Strategic planning by institutions for project execution.

Increased funding for research, academic staff training, and manuscript development.


TETFund’s 2025 Disbursement Categories

91.08% allocated for direct disbursement, including:48.90% for annual direct disbursement.

42.18% for special direct disbursement.


8.72% set aside for designated projects.

0.20% for stabilization funds.

Special Focus Areas for 2025

Education and Infrastructure Development


Expansion of medical education, with increased facilities for doctors, nurses, and pharmacists.


Adoption of medical simulation technology to enhance training.

Alternative power solutions to combat high energy costs.

Security enhancements and disaster recovery measures on campuses.

Research and Innovation

Continued funding for the National Research Fund.


Strengthening Research & Development (R&D) initiatives.

Expanding industry-academic partnerships through the Triple Helix Initiative.

Technical and Vocational Education (TVET)

Upgrading engineering workshops and laboratories across institutions.


Increased support for skills development programs.

New Initiatives for 2025

Diaspora Outreach & Exchange Program.


Staff Support Fund for universities, polytechnics, and colleges of education.

Electric tricycles for campus transportation.

Student Startup & Innovation Grants.

Establishment of 12 Entrepreneurship for Innovation Hubs in polytechnics and colleges of education.

Expansion of the TERAS digital learning platform.

Echono urged institutions to reduce dependence on government funding by fostering private-sector partnerships for infrastructure development, particularly in the construction of student hostels.

The workshop was attended by key stakeholders, including ASUU, NBTE, and representatives from various education sectors, emphasizing the importance of these interventions in strengthening Nigeria’s tertiary education system.

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