Key Institutional Data
Yaba College of Technology Lagos Nigeria
Annual Budget
₦10,837,894,832
Student Population
30,671
TETFUND Allocation
₦1,994,355,731.71
I. Annual Budgetary Allocation (Year 2025)
| Category | Amount (₦) |
|---|---|
| Personnel Cost | 8,848,326,044 |
| Overhead Cost | 534,654,602 |
| Capital Expenditure | 1,454,914,186 |
| TOTAL | 10,837,894,832 |
II. Research Grant Revenue (Year 2024)
| Category | Grant Source | Amount |
|---|---|---|
| Domestic | TETFUND NATIONAL RESEARCH GRANT | NGN20,797,663.86 |
| International | FCDO UK/UNICEF - GESP | NGN734,791,435.55 |
| COMMONWEALTH OF LEARNING | CAD 11,917 | |
| BENEFIT IN KIND - SERVICE PART | USD 500 | |
| OBEL GRANT | EURO 23,251.00 | |
| PLASTOGAS HUB FRENCH EMBASSY FOUNDATION | NGN30,334,910 | |
| NAZIR ASSOCIATE | USD 1,190.79 |
III. TETFUND Allocation (Current Year 2025)
| S/N | Type | Intervention Line | Allocation Amount (₦) |
|---|---|---|---|
| 1 | Annual | Physical Infrastructure/Program Upgrade | 850,000,000 |
| 2 | Annual | Library Development | 130,000,000 |
| 3 | Annual | Equipment Fabrication | 64,355,731.71 |
| 4 | Annual | Zonal Intervention | 200,000,000 |
| 5 | Annual | Career Service Centre | 80,000,000 |
| 6 | Annual | TETFUND Scholarship for Academic Staff | 150,000,000 |
| 7 | Annual | TETFUND Project Maintenance | 150,000,000 |
| 8 | Annual | Academic manuscript into Books | 15,000,000 |
| 9 | Annual | Instruction Based Skills Development | 100,000,000 |
| 10 | Annual | Institution Based Research | 60,000,000 |
| 11 | Annual | ICT Support | 120,000,000 |
| 12 | Annual | Academic Research Journal | 15,000,000 |
| 13 | Annual | Conference Attendance | 60,000,000 |
| TOTAL | 1,994,355,731.71 | ||
IV. Endowment Fund (2024)
₦50,020,450
Endowment fund value as of 2024
V. Total Student Population
Undergraduate
30,671
Postgraduate
Nil
Data last updated: March 31, 2025 |
Source: Yaba College of Technology Institutional
Records