The Federal Government has asked tertiary institutions to submit reconciled reports of all unutilised funds received from the Tertiary Education Trust Fund (TETFund) within 30 days.

The government said the reconciled reports would be “jointly verified” at the end of the submission.

Education Minister Olatunji Alausa said this at a meeting with heads of federal tertiary institutions, bursars and procurement directors on unutilised funds in Abuja.

The minister announced that at the end of the meeting, the Federal Ministry of Education would issue directives to ensure effective use of TETFund resources.

Alausa said the government would introduce capacity-building programmes to strengthen project management, compliance, and reporting, alongside mentorship initiatives.