Nation
226 Tertiary Institutions To Benefit From N500bn Education Tax In 2021
The Chairman of the Board of Trustees (BOT), Tertiary Education Trust Fund (TETFund), Kashim Ibrahim-Imam, has announced that 226 universities and colleges of education are to benefit from the N500billion education tax target set for 2021.
Imam disclosed this in Ilorin, the Kwara State capital, yesterday, at TETFund/FIRS 2020 Joint Interactive Forum on the theme, “New thrust in sustaining the EDT collection during Covid-19 pandemic for effective service delivery of the mandate of the fund.”
He said that the fund was committed to having a greater impact, adding that the BOT is determined to prove that public agencies must work to get results.
“The synergy between the FIRS and TETFund is vital to the transformation that is evident in our public tertiary institutions nationwide. This was achieved as a result of joint delivery of complementary services by providing amiable and lasting solutions to our beneficiaries. In addition, the successful strategic partnership over the years can be attributed to the strong, relentless commitment and cooperation by the leadership of both organisations and our zeal to improve Nigerian education nationwide”, he said.
Imam said that the TETFund and FIRS teams would visit project sites in tertiary institutions to see if the funds were judiciously utilised.
Also speaking, Federal Inland Revenue Service (FIRS) Executive Chairman, Mohammed Nami, who was represented by the FIRS Coordinator for Oyo, Ogun and Osun, Nuredi Fasola, said the service put its overall 2020 performance from January to October at N4.122trillion, in spite of the Covid-19 pandemic challenges, Financial Act 2019 incentives and palliative concessions.
He added that the service received the sum of N251billion as at October for the TETFund.
He said its non-oil revenue collection performance in the same period stood at N2.8trillion, with oil revenue at N1.3trillion.
FIRS raked in N214billion for the fund in 2019, he reported.
In his speech, TETFund Executive Secretary, Prof Suleiman Bogoro, represented by the Director of Finance, Idris Seidu, said that the fund was taking practical steps to put the country on a revolutionary path to a knowledge-based economy.
He said that TETFund was committed to impact positively on Nigeria’s tertiary institutions, comprising of 226 federal and state universities, federal and state polytechnic and colleges of education.
Nation
World Health Day: Rivers Govt Urges Regular Medical Check-Ups, Healthy Living
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Nation
Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
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