Enumerating its one year scorecard, a public sector analyst, Teniola Olakunrin, has heaped encomium on Tertiary Education Trust Fund (TETFUND) for tackling youth unemployment and underemployment. The National Bureau of Statistics (NBS) had earlier published that composite unemployment had moved up to 37%, youth unemployment 42.5% and youth underemployment 21%.
Olakunrin, particularly lauding the efforts of the Executive Secretary of TETFUND, Architect Sonny Echono, under whose leadership the agency has recorded the many enviable feats, showered praising on him on focusing on students and youths.
Taking TETFUND higher, Achono was quoted to have said that the agency has commenced “Employability Benchmarking Programme” in Nigeria’s tertiary institutions in active collaboration with the International Finance Corporation (IFC), and other partners as a way of tackling the composite challenges of unemployment, youth unemployment and underemployment.
He was quoted to have stated that the programme was geared towards improving graduate employability, and as a coronary, assist higher institution in making the requisite tweaks in their curriculum, and in alignment with market dictates.
Ochono added that the programme dubbed “IFC Vitae” has been deployed to a good number of institutions of higher learning around the world as a way of forging pathways for improving graduates outcomes and institute goals for graduates employability.
According to Ochono, as described by Olakunrin, TETFUND is putting in a measure to combat the dearth of quality books and inadequate foreign exchange.
The TETFUND Management, through its inventive Higher Education Book Development project, sponsored the publications of 60 indigenous textbooks for use in the Nigerian academic community during last year.
“It has also issued scholarships and sponsored training for tens of thousands of academic and non-teaching staff, institution-based research entrepreneurship and many other transformative initiatives in public tertiary education domain.
Just recently it disbursed N300 billion intervention fund to develop infrastructures and attend to other pressing needs in universities.