₦airaland Forum

The Federal Government has launched the Tertiary Institution Staff Support Fund (TISSF), a loan scheme that provides eligible tertiary institution staff with up to ₦10 million to support their welfare and development.

The initiative, unveiled during a high-level stakeholder engagement session held in Abuja, aims to promote financial stability, improve quality of life, and support career advancement for staff across Nigeria’s tertiary institutions.

Director, Press and Public Relations, Federal Ministry of Education, Folasade Boriowo, made the revelation in a statement on Sunday in Abuja.

The statement noted that the scheme was designed to enhance the welfare and professional development of academic and non-academic staff in universities, polytechnics, and colleges of education.

“Each academic and non-academic staff member is eligible to receive up to ₦10 million, capped at 33.3% of their gross annual salary. Each eligible staff’s uses include transportation, medical support, and micro-enterprise ventures such as poultry farming,” the statement explained.

It quoted the Minister of Education, Dr. Maruf Alausa, as stating that the Fund is part of the administration’s broader effort to reposition the tertiary education sector in alignment with President Bola Tinubu’s Renewed Hope Agenda.

“TISSF is not just about welfare. It is about empowerment,” Dr. Alausa stated. “We are ensuring that our education workforce is supported to live well, grow professionally, and continue contributing meaningfully to institutional excellence.”

Boriowo pointed out that the programme will be implemented in partnership with the Bank of Industry, which will manage the disbursement process to ensure transparency, accountability, and effective delivery.

“Participants, including the Senior Special Assistant to the President on Student Engagement, the Executive Secretary of TETFund, and the Managing Director of the Bank of Industry, Vice Chancellors, Rectors, and Provosts — expressed strong support for the initiative. They described it as timely and essential for boosting staff morale and improving performance across Nigeria’s tertiary institutions.

“The Ministry reaffirmed its commitment to working closely with all stakeholders to ensure the smooth implementation of TISSF and to build a more resilient, motivated, and empowered workforce in the education sector,” the statement added.

EmperorIsaac:
Imagine...loan! Increase these people's salaries for Christ sakes.

EmperorIsaac:
Imagine...loan! Increase these people's salaries for Christ sakes.

Ezeimo:
Tinubulation and his FG are thinking like animals.
Why not increase their salaries and welfare.

Then let the banks in Nigeria be for loans as the FGN workers, if they need loans.

id4sho:
Wetin concern owomida master strategist plotter, it's sickening. Nigerians are in trouble 🤦

fixedhollies:
Instead of making their lives better and easier. Improving their conditions. Give them loans and make old age vulnerable.

helinues:
Another one..

The minister of education, their communication department need to do much in telling Nigerians about their programs..

NELFUND so far have been receiving positive results.

Vocational education in Nigeria now is 100% free.

The tertiary institution staff loan is another good development.

The opposition would tell the beneficiaries of all this programs that this government has never done a thing without them receiving a slap?

LagosPrince:
Why give them loan when you can increase their salaries so that they won't go through the difficult times of paying back loan.

Stop supporting this wickedness

Someone that earns below N500,000 will nearly die of hardship paying back N10,000000

helinues:
So you are telling us that the minimum wage increase did not affect the tertiary staff salary?

helinues:
So you are telling us that the minimum wage increase did not affect the tertiary staff salary?

helinues:
So you are telling us that the minimum wage increase did not affect the tertiary staff salary?

LagosPrince:
which minimum wage ?
How much was added to the minimum wage if I may ask

Ochoiho:
Oga, your Govt refuse to implement the minimum wage.
They only add 40k across board.
Continue to support evil

AntiChristian:
Good one from BATology!

Who talk say hin no sabi?

God bless jagaban!

May God guide them to do more visible projects for the masses!

okeke6969:
People like you will say education is scam. How many of the university staff receives 30m P/A to qualify for 10m?
You are a joker.

EmperorIsaac:
Imagine...loan! Increase these people's salaries for Christ sakes.

Nozarashi:
"up to 10million" only if you already earn 30million/year.

Nozarashi:
"up to 10million" only if you already earn 30million/year.