FEDERAL GOVERNMENT LOANS 11.8 BILLION TO TERTIARY INSTITUTION WORKERS
The Federal Government has disbursed N11.8bn to 6,842 academic and non-academic staff across Nigerian tertiary institutions under the Tertiary Institutions Staff Support Fund.
The beneficiaries span 141 institutions, including federal universities, polytechnics, and colleges of education.
The TISSF, launched in August 2025, is a Federal Ministry of Education and TETFund-funded programme dedicated to enhancing the well-being, career development and financial stability of tertiary institution staff across Nigeria.
The joint initiative of the FME and TETFund aims to deliver zero per cent interest loans to enhance the welfare, career development and financial stability of tertiary institution staff.
The fund provides interest-free loans of up to N10m to eligible academic and non-academic staff.
Data published on the website of the Federal Ministry of Education, showed that there have been 34,000 verified applicants from 219 institutions so far.
Staff members of federal universities constitute the highest
Other ongoing programmes under the initiative include the EduRevamp Teacher Platform, a digital training system introduced earlier this year to strengthen educators’ skills, and the School Safety Portal, developed in partnership with the Nigeria Security and Civil Defence Corps to improve security management in schools.
