The Tertiary Education Trust Fund (TETFund) has denied releasing funds to the Adamawa State chapter of the All Progressives Congress (APC).
In a statement, Abdulmumin Oniyangi, TETFund’s Director of Public Affairs, distanced the organization from a letter circulating on social media.
Mrs. Patricia Yakubu, the Women Leader of the APC in Adamawa State, has petitioned the National Security Adviser (NSA), Mallam Nuhu, regarding the alleged misappropriation of funds supposedly provided by TETFund.
The petition claims that TETFund allocated N325 million to finance the state chapter of the party between October 2023 and October 2024, as reported by Tribune Online.
The petition, on Thursday, revealed that between October 2023 and October 2024, TETFUND funded the party’s state chapter of the Party with N325m.
Responding to the petition, TETFund said: “is aware that a section of the social media has been inundated with images of a letter purportedly written by the Woman Leader of the Adamawa State Chapter of the All Progressives Congress (APC), Mrs. Patricia Yakubu to the National Security Adviser, part of which contains insinuations that the party received funding of N325 million between October 2023 and October 2024 from TETFund.”
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“We wish to state unequivocally that the insinuation is not only preposterous and totally false, but also a great disservice to the Nation that an individual of such political standing, would engage in such frivolity without an iota of evidence.
“To further buttress the futility of the allegations, we wish to state in clear terms that General Murtala Mohammed College (GMMC), Yola where TETFund contracts are alleged to have been sold is not a Beneficiary Institution of TETFund; while FCE Yola which is a Beneficiary Institution is solely responsible for engagement of its contractors in line with the policy of the Fund.
“The Fund has observed that allegations of this nature, sponsored by desperate individuals, have become the trend in recent times but will not be deterred in carrying out its statutory mandate which remains funding for the rehabilitation, restoration and consolidation of tertiary education in Nigeria.
“The Fund has undertaken this mandate steadily over the years both as ETF and TETFund and with renewed vigour under the leadership of President Bola Ahmed Tinubu, GCFR. We advise that detractors get their facts right so as to avoid misleading the public.”
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