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
Rumuaholu Community Denies Land Grabbing Allegations, Accuses Obio/Akpor Chairman of Interference in Land Dispute
Nation
Asarama Kingdom Condemns Gruesome Murder of A Commercial Vehicle Driver
Nation
Rivers Commissioner Commends WAEC Conduct, Vows Sanctions for Malpractice
The Rivers State Commissioner for Education, Dr. Peters Nwagor, has commended the orderly conduct of the ongoing 2026 West African Senior School Certificate Examination in the state and urged schools to sustain the standard.
Dr. Nwagor gave the commendation on Tuesday during a monitoring tour of selected secondary schools in Port Harcourt and environs where the WAEC exam is ongoing.
The commissioner, who was accompanied by directors and monitors from the Ministry of Education, said he was impressed with the peaceful atmosphere at the centres visited.
“The students conducted themselves properly and wrote their papers under conducive conditions. Invigilators and supervisors also performed their duties professionally,” he stated.

Nwagor noted that the Rivers State Government had invested heavily to ensure the smooth and credible conduct of the examination across the state
He urged candidates to reciprocate government’s effort by shunning all forms of examination malpractice and focusing on their studies.
“Government has done so much to ensure successful examinations in our schools. Students should take advantage of it by remaining focused,” the commissioner said.
While no case of malpractice was recorded in the centres inspected, Dr. Nwagor warned that any principal, teacher, invigilator, or official caught aiding malpractice would face strict sanctions in line with regulations.
He also commended school administrators, teachers, WAEC officials, and security personnel for upholding the integrity of the process.
Centres visited included County Grammar School, Ikwerre/Etche; Government Comprehensive Secondary School, Borokiri; Government Secondary School, Borokiri; and Pabod Model Secondary School.
-
Niger Delta22 hours agoWarri Airport Manager Disputes Air Peace Bird Strike Claim
-
News1 day agoNigeria Won’t Surrender Any Territory To Criminals -Tinubu
-
News1 day agoFG Begins Trial Of Over 600 Terrorism Suspects
-
Rivers22 hours ago79th IAUE Inaugural Lecture: Prof Anero Advoctes Tuition-Free Education For Children
-
Politics22 hours agoParties’ Deregistration: How Justice Lifu Overruled Appeal Court Justices
-
Politics22 hours agoADC: Okonkwo Rejects Amaechi As Presidential Running Mate, Withdraws Support
-
Politics22 hours ago
2027: Rivers PFN To Mobilise 600,000 Votes
-
Politics22 hours ago2027: Tinubu’s Projects Give APC Edge In South East – Yilwatda
