NO 6 Zambezi Crescent, Off Aguiyi Ironsi Street, Maitama, Abuja, FCT Nigeria



         25th May 2022


  The attention of the Management of Tertiary Education Trust Fund (TETFund) has been drawn to some fake Approvals-in-Principle (AIP) quoting outrageous sums as allocations to some institutions that are not even beneficiaries of the Fund. So far, this has been mainly concentrated in and around Jos, Plateau State.

  1. The fraudulent methods currently being adopted by these unknown individuals or groups includes the issuance of Approval-in-Principle to unsuspecting institutions using the letter head of the Fund and handing same to members of the public in exchange for gratification.
  2. The Fund wish to inform the public that A.I.P is not tantamount to award of contracts and does not confer financial benefits to third parties. Its issuance is based on allocations of funds specifically to beneficiaries of TETFund which in this case are the Public Universities, Polytechnics and Colleges of Education as expressly stated by the laws establishing TETFund.
  3. The Management, therefore, dissociates itself from the activities of these individuals or groups and advise stakeholders and the public to be wary of the activities of these fraudsters who come under the guise of consultants to TETFund to defraud unsuspecting Nigerians. All communication from TETFund shall be directly to beneficiary institutions and through open transparent channels.
  4. For further clarification on the activities of TETFund, kindly visit our website

        Abdulmumin Oniyangi

        Ag. Director, Public Affairs

        For: Executive Secretary

Comments (2)

I need help I have send my information to the fake tetfund grand how can I do i

What clarification does the Fund aim to provide regarding the relationship between A.I.P (Allocation Intervention Project), contract awards, and financial benefits to third parties, and how does the issuance of A.I.P align with the allocation of funds to designated beneficiaries, such as Public Universities, Polytechnics, and Colleges of Education, as mandated by the laws establishing TETFund?

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