Fund Allocation

              

DETAILED ANNUAL BUDGETARY ALLOCATION FOR THE CURRENT YEAR 2025

1 Personnel Cost N 24,862,464,839.29
2 Overhead Cost N 281,357,347.96
3 Capital Expenditure N 2,249,895,467.85

 

RESEARCH GRANT FOR 2024

1 Domestic Grants  N 132,705,402.00
2 International Grants $ 194,605.13

 

  

ENDOWMENT PROJECTS

S/N NAME OF PROJECT LOCATION DONOR/SPONSOR REMARKS
1 Construction of 20-Room Office (1-Storey) building for College of Health Sciences College of Health Sciences Nnewi Chief (Dr.) Chika Emenike (CEO, KOTEC Group) Final stage
2 Chief Zephaniah & Lolo Susana Madubuko 700-capacity Auditorium with 16 Offices for Faculty of Social Sciences Awka Campus Chief (Dr.) Benson Chinedu Madubuko (CEO, CHICO Group) Final stage
3 Emeka Anyaoku Institute of International Studies and Diplomacy Complex Awka Campus Friends of Chief Emeka Anyaoku Final stage
4 Faculty of Education Virtual Classroom Awka Campus Friends and Alumni of Faculty of Education, NAU Awka Completed and commissioned on 24/10/2024
5 New Security Post, Ifite Gate Awka Awka Campus Centre for Counselling and Career Development, NAU Awka (CCCD) Completed and commissioned on 18/09/2024

 

 

YEAR 2025 TERTIARY EDUCATION TRUST FUND INTERVENTION ALLOCATION

INTERVENTION AMOUNT (N)
1 PHYSICAL INFRASTRUCTURE/ PROGRAMME UPGRADE N 1,300,000,000.00
2 ACADEMIC STAFF TRAINING & DEVELOPMENT N 240,000,000.00
3 ICT SUPPORT N 150,000,000.00
4 LIBRARY DEVELOPMENT N 185,000,000.00
5 CONFERENCE ATTENDANCE N 170,000,000.00
6 INSTITUTION BASED RESEARCH N 100,000,000.00
7 TETFUND PROJECT MAINTENANCE N 180,000,000.00
8 ENTREPRENEURSHIP CENTRES N 85,562,362.66
9 CAREER CENTRES/UNIT N 100,000,000.00
10 PUBLICATION OF JOURNALS N 25,000,000.00
11 MANUSCRIPT DEVELOPMENT N 25,000,000.00
TOTAL N 2,560,562,362.66