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Alleged Infractions: TETFUND Replies National Assembly

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TETFund

The Tertiary Education Trust Fund (TETFund) on Monday responded to a National Assembly inquiry over a report of the Auditor General of the Federation which alleged infractions by the Fund in the submission of its 2014- 2016 accounts.

Executive Secretary of TETFund, Prof Suleiman Bogoro, said the delay was due to lack of a Board of Trustees over the period which slowed signing and submission of the Fund’s accounts.

Mr Bogoro, who spoke during his appearance before the House of Representatives Committee on Public Accounts, however noted that all the accounts were submitted in 2016 and 2018.

He said TETFund had evidence of submission of the 2014 account on February 4, 2016, with signatures of all the auditors, while his predecessor, Dr Abdullahi Baffa, signed the documents as the Executive Secretary.

The TETFund boss explained that the fund had a lacuna of the board of trustees as it was not in place at the time the accounts were due for submission and that contributed to the delay.

“We had a lacuna of the Board of Trustees because between 2015 to 2016, there was no board, that contributed to the delay; we assure you that we would not ordinarily want to delay the audited accounts,” he said.

Speaking further on the agency’s transparency, he said the accounts of 2017 were dully rendered in 2018 and signed by his predecessor, Baffa, and Chairman of the Board of Trustees, while that of 2018 was submitted in December of 2019.

He added that the auditor general’s office had been undertaking performance audit and TETFund has always been one of the agencies that the office audits every year and it has the report.

He said the fund for the first time, also engaged the services of an independent impact assessment committee to look into the activities of the fund in the past twenty years and the report would be made ready in two weeks.

“The honourable minister of Education is expected to personally present the report to the entire country. And we did that for the last 20 years including ETF time before the law changed to TETFund,” he said.

On the question of renewing auditors of the fund who were engaged since 2014, he said the fund was in the process of engaging new auditors as it had written to the auditor General of the Federation for a list of certified auditors in compliance with the law.

Chairman of the committee, Mr Oluwole Oke, confirmed the submission of the fund’s accounts of 2014, 2015 and 2016 in 2018.

Mr Oke, however, said apart from the 2017 account of the TETFund, which was submitted on time, its 2014, 2015 and 2016 accounts were submitted late, stressing that an infraction had been established.

He urged the auditor general to look into the performance audit of agencies apart from financial audit, stating that the accuracy of figures may not imply that all is well with agencies.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Education

Egbin Power, FIPL to Host Sahara Power Academy

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Sahara Power Academy

By Modupe Gbadeyanka

A transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide has been launched by Sahara Power Group.

This programme, known as the Sahara Power Technical and Innovation Academy (SPTIA), will be hosted by Egbin Power and First Independent Power Limited (FIPL), two of Nigeria’s leading power generation companies and members of the Sahara Power Group.

It was created as part of the company’s vision to deliver reliable and sustainable energy through a combination of infrastructure investment and human capital development, ensuring that Nigeria’s energy future is powered by both innovation and indigenous expertise.

Fifty graduate engineers will undergo a rigorous 10-month programme that combines intensive classroom learning with hands-on, on-the-job training across critical generation assets.

Participants will be exposed to real-time plant operations, maintenance systems, and industry best practices, positioning them for impactful careers in the power sector.

A strong emphasis will also be placed on safety as a core pillar of the academy.  The trainees will undergo mandatory safety modules covering industry standards and safe work practices, complemented by practical, scenario-based sessions.

This approach is designed to instil a safety-first culture and ensure that all participants are equipped to operate confidently and responsibly beyond compliance within the Plant environment.

At the end of the programme, top-performing trainees will be deployed across Sahara Power Group’s businesses, including Egbin Power, FIPL, and upstream operations, while others will be released into the broader Nigerian electricity labour market as part of the Group’s commitment to strengthening sector-wide capacity.

The Managing Director of Sahara Power Group, Mr Kola Adesina, said the initiative represents a deliberate investment in Nigeria’s future and a strategic response to the sector’s talent needs.

“We are committed to powering Nigeria not just through infrastructure, but through people. This academy reflects our belief that the future of sustainable energy delivery must be driven by skilled, young professionals who understand the local operating environment,” he stated.

“Egbin Power and FIPL provide the ideal platforms for this initiative, given their track record of operational excellence and technical depth. By leveraging these assets, we are creating a pipeline of engineers who are not only technically sound but also industry-ready from the outset,” he added.

Mr Adesina further charged the trainees to work as a team and ensure that the training programme brings out problem-solving skills that will enable them to contribute to human development and the progress of the power sector.

“We are here to truly and responsibly make a difference. We are here to look around our environment, and we are curious enough to see how we can make things better. We believe you are to make things better and add value to the sector,” he said.

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Education

Conference on Investing in Boys for Stronger Families, Communities Holds in Ibadan

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Boys Aid Network

By Aduragbemi Omiyale

A conference with the theme Flourish and Thrive: Investing in Boys for Stronger Families and Communities will take place at the Local Government Training School, Secretariat, Agodi, Ibadan, Oyo State, on Thursday, May 14, 2026.

The programme, in its second edition, is part of activities lined up to mark the 2026 International Boys’ Day Conference. It is being put in place by Boys Aid Network to confront a question many institutions have quietly ignored: Who is intentionally preparing the next generation of boys for the realities of leadership, responsibility, and manhood?

Expected to grace the occasion are educators, mentors, advocates, parents, and students.

The speakers include Jesudamilare Adesegun-David, Co-founder of Enovate Lab; Samson Folarin, Editor of Punch Newspaper Weekend Titles; Oluseye Joseph, Founder of EnterpriseCEO; Barrister Dotun Akinsanmi, Managing Partner at Dotun Akinsanmi LP; and media personality, Folakemi Arowolo, popularly known as Folakemi Mighty.

The convener, Barrister Olufunke Oyinlola, described the initiative as a deliberate effort to create safe and transformational spaces for boys to learn, reflect, and engage in meaningful conversations about their future.

“Too many boys are growing up without guidance, without safe spaces to express themselves, and without people intentionally helping them navigate the realities of life. This conference is our response to that challenge. We want boys to know that they are seen, valued, and capable of becoming responsible men who positively influence their families and communities,” she stated.

She added that the conference is ultimately about helping boys see possibilities differently and exposing them to conversations that can shape their confidence, choices, and sense of purpose.

More than 300 secondary school boys from across Oyo State are expected to participate in the event, which is organised in partnership with the Oyo State Ministry of Education, Science and Technology. The programme will combine keynote sessions, mentorship conversations, interactive learning, and a spelling bee competition aimed at boosting confidence and intellectual engagement.

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Education

Nollywood Star Alex Ekubo Dies

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Alex Ekubo

By Modupe Gbadeyanka

A popular Nigerian actor, Alex Ekubo, has reportedly passed away after a protracted illness.

According to reports, the movie star died after a battle with cancer, which kept him away from public glare and social media.

Last year, some of his fans expressed concerns over his sudden absence from social media, asking about his whereabouts.

On Tuesday evening, news about his demise flooded the blogosphere.

One of the sympathisers, Peter Okoye of the P-Square fame, wrote a Rest in Peace on the Nollywood star’s picture on X, formerly known as Twitter, confirming his death.

Several personalities and others have also expressed shock over the passing of the 40-year-old entertainer, who dazzled many with his acting skills.

During his lifetime, Alex Ekubo, who was said to have died of cancer, won several awards.

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