Universities, Polytechnics, Colleges To Receive Over ₦2tn As TETFund Rolls Out 2026 Funding

 

By Ayo Kehinde

 

 

 

Universities, polytechnics, and colleges of education across Nigeria are set to receive over ₦2 trillion in combined interventions as the Tertiary Education Trust Fund (TETFund) rolls out its 2026 funding cycle.

The new allocations place a heavy emphasis on research, ICT development, and critical infrastructure.

The Executive Secretary of TETFund, Arc. Sonny Echono, announced the figures on Tuesday, January 13, 2026, during the official disbursement of intervention letters to heads of tertiary institutions in Abuja.

Echono disclosed that for the 2026 cycle, each university will receive ₦2.525 billion, while polytechnics and colleges of education will receive ₦1.871 billion and ₦2.056 billion, respectively.

A total of 271 beneficiary institutions are slated to receive these annual direct disbursements.

The total package represents 90.75% of the Fund’s statutory allocations for the year, comprising 50% in annual direct disbursements and 40.75% in special direct disbursements.

The remaining funds are reserved for stabilization and designated strategic projects.

Echono highlighted the introduction of a new intervention line for 2026: the Nigerian Research and Education Network (NgREN).

This initiative is designed to integrate the Tertiary Education, Research, Applications and Services (TERAS) platform into a unified high-speed network, providing institutions with improved bandwidth and access to global academic resources.

“With these investments, 2026 promises to be a year of growth, innovation, and measurable impact across the tertiary education landscape,” Echono said.

He added that the Fund is currently developing multiple ICT-driven research laboratories, with four expected to be commissioned this year.

In the agricultural sector, TETFund is moving to modernize university farms by transitioning them to greenhouse systems and mechanised equipment.

Research remains a central pillar, with continued funding for the National Research Fund and initiatives aimed at the commercialization of academic breakthroughs.