The Federal Government has disbursed ₦38.93 billion to public tertiary institutions across Nigeria to tackle infrastructure deficits, upgrade learning facilities and improve the quality of education.
The Federal Government has released ₦38.93 billion to 166 public tertiary institutions nationwide under the Needs Assessment Revitalisation Fund, with universities receiving the largest share of the intervention.
The Federal Ministry of Finance announced the disbursement in a statement dated October 25, 2026, signed by its Head of Media, Efe Ovuakporie.
The intervention covers 79 universities, 46 polytechnics and 41 colleges of education, bringing the total number of beneficiary institutions to 166.
According to the ministry, the funds are intended to support approved projects addressing infrastructure gaps and improving teaching and learning facilities across the institutions.
How FG Shared the ₦38.93 Billion
The breakdown of the funding shows that universities received the largest allocation, followed by polytechnics and colleges of education.
- Universities: ₦28.5 billion for 79 institutions.
- Polytechnics: ₦5.8 billion for 46 institutions.
- Colleges of Education: ₦4.7 billion for 41 institutions.
The figures reported by the ministry are rounded. A separate report by LEADERSHIP put the allocations at approximately ₦28.50 billion, ₦5.76 billion and ₦4.67 billion, respectively.
Universities Among the Beneficiaries
Institutions identified in media reports on the allocation include:
- University of Ibadan
- Ahmadu Bello University, Zaria
- University of Benin
- Bayero University, Kano
- University of Nigeria, Nsukka
- Obafemi Awolowo University, Ile-Ife
- Federal University of Technology, Owerri
- Federal University of Technology, Akure
- Modibbo Adama University of Technology, Yola
- Federal University of Technology, Minna
- Nigerian Defence Academy, Kaduna
- Ekiti State University, Ado-Ekiti
- Benue State University, Makurdi
- Kaduna State University
- Lagos State University
These are institutions specifically identified in the available reports, not the complete list of all 79 universities.
Polytechnics Among the Beneficiaries
The polytechnics identified in the published reports include:
- Federal Polytechnic, Ado-Ekiti
- Yaba College of Technology, Lagos
- Auchi Polytechnic
- Federal Polytechnic, Nekede
- Federal Polytechnic, Ede
- Federal Polytechnic, Damaturu
- Federal Polytechnic, Idah
- Waziri Umaru Federal Polytechnic, Birnin Kebbi
These are examples of the institutions identified in the available reports, rather than a complete list of all 46 polytechnics.
Colleges of Education Among the Beneficiaries
The colleges identified in the available reports include:
- Federal College of Education, Yola
- Federal College of Education, Katsina
- Federal College of Education (Technical), Gombe
- Federal College of Education (Special), Oyo
- Nigerian Army School of Education, Ilorin
The available reports also refer to allocations for several state-owned colleges of education, but do not provide a complete, independently verifiable list of all 41 colleges.
How Much Did Some Institutions Receive?
Available reports provide the following examples of individual allocations:
- ₦864.05 million each: Reported for 12 universities, including the University of Ibadan, Ahmadu Bello University, University of Benin, Bayero University, University of Nigeria and Obafemi Awolowo University.
- ₦758.44 million each: Reported for a category of institutions that includes the Federal University of Technology, Owerri; Federal University of Technology, Akure; Modibbo Adama University of Technology, Yola; Federal University of Technology, Minna; and Nigerian Defence Academy, Kaduna.
- ₦261.39 million each: Reported for institutions including Ekiti State University, Benue State University, Kaduna State University and Lagos State University.
- ₦241.02 million each: Reported for a category of polytechnics that includes Federal Polytechnic, Ado-Ekiti; Yaba College of Technology; Auchi Polytechnic; and Federal Polytechnic, Nekede.
- ₦192.82 million each: Reported for Federal Polytechnic, Ede; Federal Polytechnic, Damaturu; Federal Polytechnic, Idah; and Waziri Umaru Polytechnic, Birnin Kebbi.
- ₦238.03 million each: Reported for Federal College of Education, Yola; Federal College of Education, Katsina; Federal College of Education (Technical), Gombe; and Federal College of Education (Special), Oyo.
- ₦188.90 million: Reported for the Nigerian Army School of Education, Ilorin.
These figures are reported allocations for the named institutions or allocation categories. They should be checked against the official schedules before publication as a definitive payment record.
Why the Funding Matters to Students and Parents
The intervention is expected to help beneficiary institutions address infrastructure deficiencies and improve the academic environment.
If implemented effectively, the projects could support better classrooms, laboratories, workshops and other teaching facilities, depending on the approved projects at each institution.
Students and parents should, however, note that the announcement does not mean that the money is being paid directly to students or that tuition fees will automatically fall.
The ministry also did not provide completion dates for individual projects in its announcement.
Link to the Official Announcement
The Federal Ministry of Finance has advised members of the public seeking details of beneficiary institutions and their respective allocations to consult its website.
Official source: https://www.finance.gov.ng/post?slug=FG+Disburses+%E2%82%A638.93bn+to+Tertiary+Institutions