Separate TETFund budget from Nigeria’s annual budget

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Executive Secretary of TETFund, Mr. Sonny Echono

…ASUU charges budgeting agency

The Academic Staff Union of Universities (ASUU), has called on the budgeting agencies to separate the budget of the Tertiary Education Trust Fund (TETFund), from Nigeria’s annual budget to enable effective implementation.

The President of ASUU, Prof. Emmanuel Osodoke, disclosed this in Abuja on Thursday at the TETFund Alliance for Innovative Research (TETFAIR).

Osodeke, who observed that strangely, for the first time, government decided to add TETFund’s budget to the national budget, said
that once TETTund’s budget is included in the national budget, then it is finished.

He said that every country in the world that wants to develop must use its ideas and its people, saying that those ideas were in the universities.

“In 2020, we were challenged to produce something better than IPPIS, it took us two months to produce it, UTA, which we have presented to National Assembly, to the House; then we said let’s test the twin and IPPIS came las; but Nigeria insisted on using IPPIS.

“Every year, the Nigerian government pays $40 to a company in UK for paying me salary and you reject the one in your university. You want to do anything you run abroad,” he said.

While commending TETFund for the TETFAIR project, he assured that the men engaged in the scheme can solve Nigeria’s problems, stating that “we must come back home and use our ideas.”

Osodeke also warned against political interference in TETFund from authorities overseeing the ministry.

“Nigeria is in deep crisis. Our best brains whether in the academic or medical are leaving the country. Thousands of our colleagues, the good ones are leaving the country. Some are leaving to go and farm. We must rescue our country. Allow the money for universities go into universities,” he said.

Osodeke decried continuous patronage of foreign goods and services by Nigerians even when they can be sourced locally.

Also speaking, the Minister of Labour, Hon Simon Lalong, who described the occasion as a celebration of the remarkable innovative achievements over the year, said the scheme serves as a platform for researchers and innovators to showcase their groundbreaking ideas to transform them into tangible solutions.

Lalong expressed confidence that the valuable experiences gained through the TETFAIR will empower Nigerian scholars to contribute significantly to their fields at home and internationally.

Earlier, the Executive Secretary of TETFund, Sonny Echono, said the fair was organised to support researchers in universities to bring their innovative ideas to fruition.

While reiterating the importance of Nigeria transiting to a knowledge-based economy, Echono stated that the world has moved from a resource rich economy to a knowledge-based one and Nigeria cannot afford to lag behind.

“TETFund, as the foremost interventionist agency in Nigeria’s Tertiary Education Sector has deepened its intervention in content- based programmes. The Fund is making conscious investments in support of research, innovation and development as it remains the most compelling strategy for accelerating sustainable growth.

“In our bid to promote the institutionalisation of R&D, we have sought effective support for impactful research and innovation through partnership between tertiary institutions/research institutes, industry and government as a national response towards technological.

“Accordingly, the TETFAIR programme is the outcome of a fruitful collaboration between TETFund and Innov8 Technology Hub, an organization dedicated to the support and advancement of Innovation Start-up Incubation, Technology Transfer, Knowledge & Skill Impartation, Prototype Development, and Fabrication in Nigeria.

“TETFAIR is a year-long programme which provides a unique opportunity for our academics and researchers in Nigerian Universities to transform their ideas into market-driven solutions, including the development and fabrication of prototypes.

“Through the Initiative, selected teams of researchers and academic staff with promising ideas for innovative solutions in the programme’s areas of focus were supported via intensive in person and online trainings. mentorship and provision of access to high-end technology / specialized machinery to bring their ideas to fruition,” he said.

On his part, the Minister of State for Education, Yusuf Sununu, said the TETFAIR was not the only research effort being made towards national development, stating that Nigerian researchers were also engaged in multi prong efforts, including the development of vaccines for preventable diseases in Usmanu Danfodiyo University, Sokoto.

Sununu called on TETFund to scale up copyright ownership protection so that the innovators will not lose copyright ownership of their products and services.

The minister also called for collaboration between the academia and industry and other stakeholders to ensure marketability of the products churned out by the innovators.

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