AbS Logo
Login
Undergraduate Updates3 min read2026-05-05

FG Disburses ₦11.8bn Interest-Free Loans to Tertiary Institution Staff

The Federal Government has successfully disbursed ₦11.8 billion in interest-free loans to 6,842 academic and non-academic staff members across Nigerian tertiary institutions. This initiative, known as the Tertiary Institutions Sta...

Azeez

Azeez

5 May 2026

FG Disburses ₦11.8bn Interest-Free Loans to Tertiary Institution Staff
Key takeaways
  • The Federal Government has successfully disbursed ₦11.8 billion in interest-free loans to 6,842 academic and non-academic staff members across Nigerian tertiary institutions.
  • This initiative, known as the Tertiary Institutions Staff Support Fund (TISSF), is a collaborative effort between the Federal Ministry of Education and the Tertiary Education Trust Fund (TETFUND).
  • The primary objective of TISSF is to improve staff welfare, support career development, and enhance financial stability for workers within the nation's higher education sector.

Practice after reading

Practice smarter for WAEC, JAMB, NECO, and Post UTME.

Use AbS SabiExaminer CBT tools to turn every guide into exam-ready practice.

Open SabiExaminer
Share this article
WhatsAppFacebookLinkedIn

AbS Quill Community

Share your own student insight with AbS readers.

Start writing on web

Continue reading

Related articles