President Bola Tinubu has inaugurated three projects sponsored by the Tertiary Education Trust Fund (TETFund) at The Polytechnic Ibadan.
The president was represented at the event by Adebayo Adelabu, the minister of power.
NAN reports that the inaugurated projects included the building for the science faculty for the 2017/2018 annual intervention.
There was also the faculty of business and communication studies building of the 2019 special intervention.
The third project was the faculty of financial management studies complex of the 2020 annual intervention.
All three were at a total cost of N890,302,775.26.
Tinubu reiterated his administration’s commitment to quality education for all through various initiatives and projects in the education sector.
He commended TETFund for delivering on its mandate of providing funding for Nigerian tertiary institutions.
“The Polytechnic of Ibadan has turned out very good products. So, it is not by mistake that TETFund is being generous to the Polytechnic of Ibadan,” the president said.
“Being one of the pioneer polytechnics in the country, this institution has done a commendable job in the growth of the Nigerian youth.
“It is a mother polytechnic and it has given rise to all sorts of offspring and it is one of the sources of academic excellence in Nigeria.”
In his address, Sonny Echono, TETFund’s executive secretary, said financing the projects was a clear demonstration of the government’s commitment to providing physical infrastructure in the nation’s public tertiary institutions.
“It is our commitment at TETFund to ensure that value is obtained for funds allocated to the benefitting institutions, to aid teaching, learning and research and by implication, make them globally competitive,” he said.
Echono commended the rector and management of The Polytechnic Ibadan for executing and completing the three projects commissioned.
“With the achievement of this feat, the fund believes the projects will significantly impact the training of students while providing a conducive working environment for staff and students,” he said.
