Tetfund Applauds Proposed Education Budget Increase

Tetfund Applauds Proposed Education Budget Increase

The Executive Secretary of Tertiary Education Trust Fund, TETFund has applauded the Nigerian government on its promise to progressively increase education budget and fund research to drive global competitiveness in the country.

Speaking during the 13th Thematic meeting of the TETFund Research and Development Standing Committee, RDSC, on Education which was held virtually, Bogoro noted that the recent pronouncement by the government was one that recognised basic education as a crucial foundation.

“The retirement age of our teachers has been moved from 60 to 65.

I think this is very encouraging for teachers.

Of course I mentioned earlier that those in the sciences will have better emoluments attached to their allowances”
“Government has announced its intention from the budget year of 2022 to raise education budget by 50 per cent and scale it up and gradually double it to 100 per cent by the year 2025″
“To me that was something that was not immediately expected or anticipated but government has made the pronouncement.

So I imagine that the 2022 budget will reflect that 50 per cent increase,” he said.

Inadequate funding
Speaking further, the TETFund boss said he looked forward to a situation where some of the areas that have suffered inadequate funding from the appropriation window would be taken care of.

There should be a focus on increased funds that would be made available to institutions.

“The most vibrant economies are so because they have allowed education to dictate the way forward through qualitative research, to make a difference.

In Nigeria it cannot be different.

“In Nigeria for instance, the facts are there that the south west zone have a comparative advantage over the other five geopolitical zones due to their consistent and massive investment in education starting from the time of late Obafemi Awolowo, with free education from the foundation upwards,” he said.

Approval and onward submission
Bogoro also disclosed that the draft for the establishment of the National Research and Development Foundation, NRDF, has been submitted to the Minister of Education, Malam Adamu Adamu, for inputs before transmission to the Federal Executive Council, FEC, for approval and onward submission to the National Assembly.

Immediate Past President, Academic Staff Union of Universities, ASUU, Professor Abiodun Ogunyemi stressed that education remained the bedrock for every knowledge based economy and sustainable national development.

Integrated Policy Frame Work
Ogunyemi who was the lead presenter, insisted that education must inter-phase with other sectors of the economy and national life as an integrated policy framework was needed to bind all the various sectors together for sustainable development to occur.

According to him, education, research and development were cross cutting issues for national development, as he explained that there was need for the government to transform tertiary education in the country to pave the way for inbuilt research and development eco system.

“Setting Nigeria’s research agenda under the context of R&D involves transitioning from research for publication to enabling problem solving research, increasing thought-out of human power, strengthening of IP regulations, technology transfer and commercialisation in that sequence before industrialisation,” he said.

Revamping Leadership
Ogunyemi further recommended a service learning approach to teaching and learning, revamping leadership and governance in tertiary institutions to enhance proper attitudes, behaviours and commitment to engage R&D.

He said he would also establish a formal management system, structures and processes required to deliver and sustain change and improvement in quality.

He also harped on the need to ensure a connected curriculum framework that would help students connect with researchers, across disciplines, vertical and horizontal integration.

He added that there should also be a framework for learning how to produce outputs and hands-on experience and to connect academic learning with workplace learning.

Lateefah Ibrahim
Tetfund Applauds Proposed Education Budget Increase

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