N10m loan portal for tertiary institution workers down hours after launch

By Adewale Sanyaolu

The Portal for the Tertiary Institution Staff Support Fund (TISSF), an initiative of the Federal Government designed to promote the welfare of tertiary education workers is reportedly down hours after its official launch in Abuja yesterday.

Scores of tertiary education workers, including lecturers from all carders who thronged to the portal yesterday to register for the N10 million loan scheme, told Daily Sun that the site is inactive.

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They expressed disappointment, saying they hope this is not another political gimmick.

A statement by the Special Adviser to the President on Public Communications, Mr. Sunday Dare, said the administration of President Bola Tinubu, yesterday opened portal for N10 million staff support  for academic and non- academic  staff of tertiary institutions.

The statement added that TISSF is another testament to President Tinubu’s vision of progressive investment in the development of education in Nigeria.

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“The Application Portal officially opens today (http://tissf.education.gov.ng)

The statement further added that Minister of Education Dr. Tunji Alausa, thanked the President for his approval of TISSF and everything Education related.

The TISSF is a strategic welfare initiative designed to enhance tertiary institution staff, support professional development, and promote financial independence.

The scheme will support, interest  free loan of 10 million naira max made available with a maximum repayment period of 5 years and a one-year moratorium. 

Staff Beneficiaries of the fund are expected to use it to meet since needs as transportation, small scale Agro business initiatives, medical expenses, family support accommodation, and academic advancement. 

Alausa asserted that the TISSF is another evidence of Renewed Hope in action.  A demonstration of President Tinubu’s Commitment to education and support for its component parts.  Just like the student oriented NELFUND, an initiative which is already a run away success by the Tinubu led Administration, the TISSF comes in as a timely and much needed support intervention for University, Polythecnic and Colleges of Education Staff, academic and non-academic.

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The Tertiary institution staff support fund is a key component of the National Education Sector Renewal Implementation, NESRI,  framework championed by the Education Minister.

The Minister has set up guard rails and a robust monitoring template to ensure smooth implementation.

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