The Tertiary Education Trust Fund, TETFund, has announced plan to double research grants to universities in 2021.
While disclosing this on Tuesday April 20, 2021, in Abuja, TETFund Executive Secretary, Prof Suleiman Bogoro, said the approvals would be increased from over 128 made in 2020.
Bogoro said the approvals would be made public once the Board of Trustees gives its nod.
He said qualified institutions will draw a maximum of N50 million research grants from the N7.5 billion National Research Fund, NRF.
The TETFund boss said in the 2021 budget, which is awaiting approval, the agency will fund the establishment of more molecular labs and research on gene sequencing and phytogenic medicine, as well as vaccine research and production, as a key area of unravelling the lethal covid-19 pandemic.
“We discovered that those facilities are helpful for both research and clinical purposes and the facilities will help sustain medical research in the country,” he said.
The TETFund boss also stated that the funds were meant for some medical research institutes and colleges for the purpose of research.
Noting that most university lecturers in the country currently have PhDs, Bogoro stressed that only 40 per cent of university lecturers had PhDs nine years ago.
He added that by 2015, over 60 per cent of lecturers in Nigeria’s universities acquired PhDs.
Bogoro pointed out that TETFund provided over 80 per cent of libraries in public tertiary institutions across the country.