By Tochukwu Bliss, Abuja
The federal government says it has introduced a Tertiary Institution Staff Support Fund (TISSF) to enhance the welfare and professional development of workers in the universities, polytechnics, and colleges of education.
Director, Press and Public Relations, Federal Ministry of Education, Folasade Boriowo, in a statement on Sunday in Abuja, quoted the Minister of Education, Tunji Alausa, as announcing the initiative.
According to the Minister, both academic and non-academic staff members in tertiary institutions will benefit from the Fund.
Mr. Alausa also explained that TISSF is a welfare-focused loan scheme that promotes financial stability, improves quality of life, and supports career advancement for staff across Nigeria’s tertiary institutions.
He added that each academic and non-academic staff member is eligible to receive up to N10 million, capped at 33.3% of their gross annual salary.
The Minister continued: “Eligible uses include transportation, medical support, and micro-enterprise ventures such as poultry farming.
“The programme will be implemented in partnership with the Bank of Industry, which will manage the disbursement process to ensure transparency, accountability, and effective delivery.
“TISSF is not just about welfare. It is about empowerment.
“We are ensuring that our education workforce is supported to live well, grow professionally, and continue contributing meaningfully to institutional excellence,”
He noted that the Fund is part of the Federal Government’s broader effort to reposition the tertiary education sector.
TISSF is not just about welfare. It is about empowerment. We are ensuring that our education workforce is supported to live well, grow professionally, and continue contributing meaningfully to institutional excellence.