The Federal Government has approved a \u20a61 billion grant for the Federal University of Technology, Akure (FUTA), from its 2025 Special Intervention Fund. The fund, managed by the Tertiary Education Trust Fund (TETFund), is aimed at supporting FUTA\u2019s agricultural commercial farm and strengthening Nigeria\u2019s food production capacity.<\/p>\n\n\n\n
In a letter addressed to FUTA\u2019s Vice Chancellor, Professor Adenike Oladiji<\/strong>, TETFund\u2019s Executive Secretary, Arc. Sonny Echono<\/strong>, confirmed the allocation, noting that the approval followed President Bola Ahmed Tinubu\u2019s<\/strong> endorsement of the 2025 intervention budget in line with the TETFund Act of 2011<\/strong>.<\/p>\n\n\n\n \u201cFUTA has been selected for a special allocation of One Billion Naira to enhance its agricultural capacity and expand its farming projects,\u201d Echono stated.<\/p>\n<\/blockquote>\n\n\n\n Responding to the announcement, Professor Oladiji expressed deep appreciation to President Tinubu for recognizing FUTA\u2019s consistent contributions to Nigeria\u2019s food security agenda. She highlighted that the support would further strengthen the university\u2019s agricultural ventures \u2014 particularly in vegetable production, tree planting, and greenhouse expansion<\/strong>.<\/p>\n\n\n\n FUTA\u2019s Teaching and Research Farm currently assists local farmers with advanced cultivation techniques, including the production of F1 hybrid bell peppers and tomatoes<\/strong>. These improved species deliver higher yields and greater resistance to local climatic challenges, reflecting FUTA\u2019s innovation-driven approach to agricultural research.<\/p>\n\n\n\n\n
\n\n\n\nFUTA\u2019s Drive Toward Food Security<\/h3>\n\n\n\n
Expanding Greenhouses and Palm Plantation Projects<\/h3>\n\n\n\n