• Home
  • Top Stories
  • News
    • Photo News
  • Politics
  • Business
  • Crime & Security
  • Sports
  • Intimacy
  • About Us
    • Contact Us
    • Privacy Policy
    • Advert Rate
  • More
    • Opinion
    • Lifestyle & Entertainment
    • Foreign News
    • Health
Facebook Twitter Instagram
Tuesday, October 13
Facebook Twitter Instagram
Prompt News
  • Home
  • Top Stories
      Featured

      Agbakoba Writes INEC Chairman On Right to Publish Electoral Records

      News October 13, 2026
      Recent

      Agbakoba Writes INEC Chairman On Right to Publish Electoral Records

      October 13, 2026

      EFCC arraigns Nigerian-American over $680,000 car fraud

      October 12, 2026

      2027: INEC Disowns Viral Governorship Candidates’ List For 6 States

      October 12, 2026
    1. News
      1. Photo News
      Featured

      Diphtheria Outbreak: Alli slams Makinde over Oyo’s poor immunization coverage

      Health October 13, 2026
      Recent

      Diphtheria Outbreak: Alli slams Makinde over Oyo’s poor immunization coverage

      October 13, 2026

      FG Raises 241,000 retirees pension from N12.15bn to N14.83bn – PenCom

      October 13, 2026

      Presidential Candidates Petition Tinubu Over Alleged Manipulation of NBBF Elections

      October 13, 2026
    2. Politics
        Featured

        2027: Tompolo donates 25 vehicles, seeks votes for Tinubu in Kogi

        Politics October 12, 2026
        Recent

        2027: Tompolo donates 25 vehicles, seeks votes for Tinubu in Kogi

        October 12, 2026

        Tinubu’s Support For Entertainers Influenced My Re-Election Backing — Yinka Quadri

        October 12, 2026

        2027: INEC Disowns Viral Governorship Candidates’ List For 6 States

        October 12, 2026
      1. Business
          Featured

          Beyond 23% MPR, Should CBN Reconsider 45% CRR to Unlock Credit?

          Business October 13, 2026
          Recent

          Beyond 23% MPR, Should CBN Reconsider 45% CRR to Unlock Credit?

          October 13, 2026

          Nigeria, Germany Deepen Economic Cooperation, Strengthen Partnership

          October 12, 2026

          Reforms, Investments, Partnership key to Nigeria’s energy future – Shell

          October 12, 2026
        1. Crime & Security
            Featured

            BREAKING: Shell sells Nigerian gas distribution business to local firm

            Crime & Security October 13, 2026
            Recent

            BREAKING: Shell sells Nigerian gas distribution business to local firm

            October 13, 2026

            2027: Isaac Fayose challenges APC to win key states without rigging

            October 13, 2026

            Wike tackles coalition critics, says only ‘baby politicians’ oppose alliance

            October 13, 2026
          1. Sports
              Featured

              2028 Olympics Qualifier: Super Falcons thrash  Comoros to book third round spot 

              Sports October 13, 2026
              Recent

              2028 Olympics Qualifier: Super Falcons thrash  Comoros to book third round spot 

              October 13, 2026

              2028 Olympics Qualifier: Kanu vows Super Falcons will beat Comoros again

              October 13, 2026

              2028 Olympics Qualifier: Eguavoen targets second win against Comoros

              October 13, 2026
            1. Intimacy
            2. About Us
              • Contact Us
              • Privacy Policy
              • Advert Rate
            3. More
              • Opinion
              • Lifestyle & Entertainment
              • Foreign News
              • Health
            Prompt News
            Home » TETFund spends N23bn on research projects
            News

            TETFund spends N23bn on research projects

            Ayo OyeBy Ayo OyeMarch 25, 2024Updated:March 25, 2024No Comments3 Mins Read
            Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
            Tetfund
            Share
            Facebook Twitter LinkedIn Pinterest Email

            The Tertiary Education Trust Fund (TETFund) says it has so far spent more than N23 billion on funding of research across the country.

            Assistant Director, Research and Development (R&D) of TETFund, Dr Hadiza Ismail, announced this at a validation workshop on “Strengthening Research and Innovation Funding Agencies in West Africa”, in Abuja on Monday.

            Ismail said the agency was fully committed to the establishment of a Science Granting Council in Nigeria.

            She said TETFund had continued to financially support research through the National Research Fund, adding it was also working hard to ensure that research outputs were linked to industry to bring about the desired development.

            “So far, the fund has spent over N23 billion on about 912 research projects that have been sponsored.

            “But that also gives us an insight into the need for this workshop and what we are actually talking about.

            “Despite the fact that we have given grants to over 900 projects, we want to see how we can link these research projects to industry and get viable outcomes at the end of the day to help Nigeria move forward,” she said.

            The Executive Director, African Technology Policy Studies (ATPS) Network, Prof. Nicholas Ozor, said the workshop was aimed at giving momentum to a project designed to strengthen national research councils in six West African countries.

            He expressed concerns about the non-existence of a national research and innovation funding agency, saying the absence of a funding agency had denied the country’s ability to attract foreign grants for research.

            “Nigeria specifically has an issue currently because they do not yet have a well-recognised national research and innovation funding agency.

            “That is part of why we are here to work with appropriate agencies and stakeholders within the science and innovation ecosystem to see how we can establish a functional science and innovation funding agency.

            “Other countries in Africa, especially Sub-Saharan Africa, already have these councils functional and because of that, they are able to receive funding from agencies across the world to support research and development.

            “Currently, TETFund is standing in as the representative council for Nigeria, but we are saying we should best situate the national research and innovation funding agency in an appropriate establishment that focuses on innovation, like the Ministry of Science and Innovation.”

            The President of African University of Science and Technology (AUST), Abuja, Prof. Peter Onwualu, said innovation was important in bringing about development, hence the need to have a functional science granting council in Nigeria.

            “We know that in this country, we need the results of science and technology, which usually translate into innovation.

            The country needs innovation that can produce goods and services to make sure the economy runs well.

            To achieve this, “we have to have a good institutional framework for doing research in Nigeria, and that is what all this project is all about”.

            “We believe the outcome of this workshop will make Nigeria have a functional science granting council that can finance and fund research in all sectors of the economy, universities, polytechnics, research institutes, private sector organisations, SMEs and the informal sector.” (NAN)

            Funding research projects TETFUND
            Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
            Previous ArticleCross River to become Nigeria’s tourism hub-Official
            Next Article 2nd Niger Bridge: FG saves N300bn from new design
            Ayo Oye

              Related Posts

              Diphtheria Outbreak: Alli slams Makinde over Oyo’s poor immunization coverage

              October 13, 2026

              FG Raises 241,000 retirees pension from N12.15bn to N14.83bn – PenCom

              October 13, 2026

              Presidential Candidates Petition Tinubu Over Alleged Manipulation of NBBF Elections

              October 13, 2026
              Add A Comment

              Comments are closed.

              Recent Posts
              • Nigeria Demands Justice over Death of another National in South African Police Custody
              • Diphtheria Outbreak: Alli slams Makinde over Oyo’s poor immunization coverage
              • FG Raises 241,000 retirees pension from N12.15bn to N14.83bn – PenCom
              • Presidential Candidates Petition Tinubu Over Alleged Manipulation of NBBF Elections
              • 2028 Olympics Qualifier: Super Falcons thrash  Comoros to book third round spot 

              CONTACT INFORMATION

              Prompt News Online is published by PNO Dynamic Media Limited.

              Address: Suite 24, Abebi Plaza, Oluseyi, Sango – Eleyele Road, Ibadan, Oyo State, Nigeria.

              Managing Editor/CEO: Akeem Oyetunji

              Email: promptnewsonline@gmail.com or editor@promptnewsonline.com

              Phone/WhatsApp: +234806 286 2057
              Or 0805 386 6284

              ABUJA OFFICE: 
              Address: Suite D76, EFAB Mall
              Off Gimbya Street, Area 11, Garki, Abuja
              ABUJA BUREAU EDITOR: Harry Awurumibe
              Phone: 0803 302 4300
              Email: harryawurumibe360@gmail.com
              UK OFFICE:
              Address: 34 Skipper Court,
              Abbey Road, IG 11 7GW.
              Barking, London, UK.
              EDITOR EUROPE: Bolaji Oyegunle
              Phone +447878196776
              Email: gb10oyegunle@gmail.com
              © 2026 Prompt News Online. Designed by DeedsTech.
              • About Us
              • Contact Us
              • Advert Rate
              • Privacy Policy

              Type above and press Enter to search. Press Esc to cancel.