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TETFund records N68bn shortfall, begins guideline review for funds disbursement

Despite recording a shortfall of N68 billion in its revenue collection for 2021 for use in its operations in the 2022 fiscal year, the Tertiary Education Trust Fund (TETFund), has commenced the review of guidelines for disbursement of funds to beneficiary tertiary institutions in the country. Executive Secretary of TETFund, Sonny Echono, who made the […]

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TETFund: We’ve injected N2.5trn into varsities, others in 10 years

The Federal Government has said it has spent over N2.5 trillion on infrastructure and staff development in public universities, polytechnics and colleges of education in the last 10 years through the Tertiary Education Trust Fund (TETFUND). TETFund Chairman, Board of Trustees, Kashim Ibrahim-Imam, who made this known at the 3rd Tax Payers Forum with the […]

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TETfund lauds FIRS for increased education tax remittance

The Executive Secretary of Tertiary Education Trust Fund (TETfund), Prof. Suleiman Bogoro, has commended management of Federal Inland Revenue Service (FIRS) for the increased remittance of Education tax to the Fund. Bogoro, who spoke during an appreciation visit to FIRS, said it was always good to honour those who deserve honour, adding that FIRS has […]

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TETFund tasks FIRS on N500bn target for 2021

The Chairman, Board of Trustees (BoT) of the Tertiary Education Trust Fund (TETFund) Ibrahim Kashim Imam, has challenged the Federal Inland Revenue Service (FIRS) on the need to generate N500 billion revenue by next year to enable the intervention agency execute more projects in the nation’s tertiary institutions. Iman, who spoke yesterday at an interactive […]

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