TERTIARY EDUCATION TRUST FUND-
GENERAL NOTICE TO ALL INTERESTED INVESTORS ON THE YEAR 2025 PUBLIC PRIVATE PARTNERSHIP HOSTEL DEVELOPMENT PROJECTS

TERTIARY EDUCATION TRUST FUND
GENERAL NOTICE TO ALL INTERESTED INVESTORS ON THE YEAR 2025 PUBLIC PRIVATE PARTNERSHIP HOSTEL DEVELOPMENT PROJECTS

INTRODUCTION
In a bid to address the increasing number of dilapidated and inadequate student housing units across many of the Nation’s Public Tertiary Institutions, His Excellency, President Bola Ahmed Tinubu GCFR has graciously approved a special intervention in the Year 2025 Disbursement Guidelines to focus on the development of hostel accommodation for students under a Public Private Partnership (PPP). The project is valued at N4 Billion (Four Billion Naira), with the provision of 75% funding as counterpart contribution by the interested Investor and 25% by TETFund on behalf of the beneficiary institutions.