TETFund gets N1.7tn education tax in nine years

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The Tertiary Education Trust Fund, a Federal Government’s intervention agency, received a total of N1.702 trillion in education tax in nine years.

The Fund noted a slight increase in 2018 when N203.28 bn was generated; and N221.30 bn was generated in 2019.

He said, “The amount stated in the report covered a period of nine years and is therefore expected to have been deployed to satisfy key intervention areas like infrastructure, academic staff development, conference attendance etc. It is also expected to have been deployed to service critical committees like National Research Fund etc. as well as administrative issues.

“State governments and even the Federal Government have not and are not doing enough in terms of their fiscal responsibilities to these institutions. Similarly, the chairperson of the Academic Staff Union of Universities, Federal University of Technology, Minna, Dr Gbolahan Bolarin, said, thing can be better at TETFUND with more sincerity.

 

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TETFund gets N1.7tn education tax in nine yearsThe Tertiary Education Trust Fund, a Federal Government’s intervention agency, received a total of N1.702 trillion in education tax in nine years. What SAPA can cause in Nigeria🤣🤣
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