TETFund Don Land for Hot Soup as 38 Schools Face Query

Abuja, Nigeria – Na so wahala begin for Tertiary Education Trust Fund (TETFund) as 38 tertiary institutions don find themselves for serious gbege. According to fresh report wey SaharaReporters carry come, dem don issue query to these schools over allocations wey dem collect from TETFund. E be like say some financial kabokeh don scatter ground.

The report wey drop say, ‘the allocations were as a result of anomalies observed in the financial retirements submitted by the beneficiary institutions to the fund.’ Na who send this wahala come? E be say na lack of proper documents like payment vouchers and bank statements wey carry dem enter trouble.

In case you think say na joke, TETFund no dey play as dem list the schools wey face this query. Some of the big names wey dey for the list na National Open University of Nigeria, Obafemi Awolowo University, and many others wey sabi shine well-well. I no fit even begin to mention all of them; e go take me all day (and I no get that kind time). You fit imagine the kind tension wey dey for these schools as dem dey try quench this financial fire.

This matter too get as e be o! Dem say plenty of these schools no show evidence of statutory deductions and remittances. You know as e be for dis country, if dem catch you for money matter, na serious wahala be dat. No be small picking wahala o!

Even more juicy, dis matter don enter the eye of Independent Corrupt Practices and Other Related Offences Commission (ICPC), wey don call three directors of TETFund for chinwag. E get as wey dem dey investigate N3.8 billion contract fraud (I no fit help but wonder if dem go even return the money!).

Gloria Olotu, wey be Director of Finance, Kolapo Okunola wey dey handle Human Resources, and Joseph Odo wey dey manage ICT, na dem be the lucky ones wey don receive the grilling hot seat. But na dem sabi how to waka pass these kind wahala, abi na wetin dem go tell me?

Then, make I no forget to update you on top Sonny Echono, the Executive Secretary of TETFund. Dis man sabi deny allegations like sey na im first day for job. He don clear say no be corruption dey happen for TETFund. But pipo no fit just sit down dey chop that yarn, as Human and Environmental Development Agenda (HEDA) don raise alarm over alleged dirty deals inside TETFund. They don even tell Economic and Financial Crimes Commission (EFCC) make dem shine dem eye.

Dem come talk say na illegal arrangement if TETFund dey award contract in foreign currency. No be say dem wan carry dollar come buy something wey dey Nigeria. E be like say plenty people for the agency don dey shake since this matter surface.

As this story dey unfold, we go dey update you on top wetin go happen next. For now, make we dey watch as dem dey play chess with these institutions dem.