President Bola Ahmed Tinubu has inaugurated the Tertiary Institutions Staff Support Fund (TISSF), with the Federal Government releasing ₦3.7 billion to support about 2,000 staff members drawn from universities, polytechnics, and colleges of education nationwide.
The new intervention, anchored on the Renewed Hope Agenda is aimed at enhancing the welfare of academic and non-academic staff through accessible financial support for personal development, healthcare needs, small-scale enterprises, and other essential priorities.
According to government officials, beneficiaries were selected from a wide spread of tertiary institutions to ensure equity and nationwide reach. The initiative is expected to boost staff morale, improve productivity, and strengthen the performance of public tertiary institutions.
Authorities also noted that the fund will contribute to national development by promoting financial inclusion and encouraging small-business growth among education sector workers, many of whom face increasing economic pressures.
The launch is part of ongoing reforms targeted at stabilising the tertiary education system, improving staff welfare, and supporting the broader goal of rebuilding public confidence in Nigeria’s higher education landscape.
