Key Institutional Data
Explore detailed insights into FUTO’s budget allocations, research funding, endowments, and student demographics
Data Overview
Institutional Data for 2025
Key statistics and financials for the year 2025 at FUTO, including budget, grants, endowments, and student population.
Endowment Fund
Total endowment Fund ₦50,000,000
Tetfund allocation
Total tetfund Allocation ₦2,249,037,011
Research grant revenue
Foreign
₦7,579,597,562.00
Local
₦113,566,666.00
Student population
Undergraduate
24,857
Postgraduate
252
FUTO annual budget allocation
Personnel Costs
₦17,552,560,868
Overhead Costs
₦457,500,360
Capital Expenditure
₦1,943,518,264
Total 2025 allocation
₦19,953,579,492
Institutional Data for 2024
Key statistics and financials for the year 2024 at FUTO, including budget, grants, endowments, and student population.
Tetfund allocation
Total tetfund Allocation ₦2,249,037,011
Student population
Undergraduate
24,961
Postgraduate
97
Research grant revenue
Foreign
₦7,819,597,562.00
Local
₦272,565,026.06
FUTO annual budget allocation
Personnel Cost
₦15,641,134,101
Overhead Cost
₦239,106,246
Capital Expenditure
₦962,462,648
Total Budgetary Allocation
₦16,842,702,995
Institutional Data for 2023
Key statistics and financials for the year 2023 at FUTO, including budget, grants, endowments, and student population.
Total Graduated Student
Total no. of Graduate from FUTO at 2023 47,959
Tetfund allocation
Total tetfund Allocation ₦1,123,050,969
Student population
Undergraduate
24,109
Postgraduate
63
Research grant revenue
Foreign
₦5,680,000,000.00
Local
₦356,699,380.56
FUTO annual budget allocation
Personnel Costs
₦12,346,639,926
Overhead Costs
₦154,489,699
Capital Expenditure
₦390,255,714
Total allocation
₦12,891,355,339
Institutional Data for 2022
Key statistics and financials for the year 2022 at FUTO, including budget, grants, endowments, and student population.
Research grant revenue
Total Research Grant Revenue Local: ₦295,597,080.00
Tetfund allocation
Total tetfund Allocation ₦642,848,138.00
Student population
Undergraduate
22,958
Postgraduate
712
FUTO annual budget allocation
Personnel Cost
₦11,249,834,696.00
Overhead Cost
₦145,036,658.00
Capital Expenditure
₦555,421,594.00
Total Budgetary Allocation
₦12,888,738,166.00