Impact of Tertiary Education Trust Fund (Tetfund) Interventions On Industrial Peace In Olabisi Onabanjo University, Ago-Iwoye, Ogun State

Abstract

The Tertiary Education Trust Fund (TET FUND) was established by the Federal Government of Nigeria to tackle the problem of inadequate funding of tertiary institutions which had been a major source of industrial unrest and disharmony in these institutions. This study therefore examined the impact of TET FUND interventions on industrial peace in Olabisi Onabanjo University, Ogun State, Nigeria. Descriptive survey research design was adopted and qualitative data were collected using a questionnaire to elicit information from a total number of 250 respondents from total population of 1,723 staff of the university. From the sample size, 128 (56%) were male while 122 (54%) were female. Data collected were analyzed using regression analysis to test all the hypotheses at 0.05 level of significance. Findings revealed that TET FUND interventions have significant impact on infrastructural development, staff development and industrial peace in Olabisi Onabanjo University. It is therefore recommended that the Federal Government should step up efforts to ensure that tertiary institutions (federal and state owned) are adequately funded through TET FUND so that staff salaries and other staff related matters which have been a major source of industrial conflict and disharmony is addressed.

Infrastructural Development and TET Fund Participation in some Selected Higher Institutions in Anambra State – Nigeria

“…Although this finding was supported by scholars such as, 2008), Nwagwu (2004), and Osagie (2003, we contend that annual allocations to tertiary institutions in Anambra state are highly inadequate for the replacement of decaying infrastructures and the construct of new ones. The finding that TETFund intervenes in constructing new infrastructures aligns with observations made by many scholars such asFejoh & Adesanwo (2021),Idowu (2020) andNagbi & Micah (2019), but essentially this paper observes that these interventions are narrowly and minutely focused on building construction alone. This equally contributed to the low significant impact being recorded by the interventions.…”