Educational Insights3 min read2026-05-24

FG disburses ₦11.8bn interest-free loans to 6,842 tertiary

The Federal Government has disbursed ₦11.8 billion to 6,842 academic and non-academic staff across Nigerian tertiary institutions under the Tertiary Institutions Staff Support Fund (TISSF). The initiative, a joint programme of the...

Azeez

Azeez

24 May 2026

FG disburses ₦11.8bn interest-free loans to 6,842 tertiary
Key takeaways
  • The Federal Government has disbursed ₦11.8 billion to 6,842 academic and non-academic staff across Nigerian tertiary institutions under the Tertiary Institutions Staff Support Fund (TISSF).
  • The initiative, a joint programme of the Federal Ministry of Education and the Tertiary Education Trust Fund, is designed to enhance staff welfare, career development, and financial stability through interest-free loans.
  • Scope and Beneficiaries According to official data, beneficiaries were drawn from 141 institutions, including federal universities, polytechnics, and colleges of education.

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