NIGERIA’S UNIVERSITY TAX FUND PLANS FINANCE SUPPORT FOR NIGERIA’S PROJECTED EDUCATION EXPANSION

The leaders of Nigeria’s Tertiary Education Trust Fund (TETFund) have unveiled spending priorities for a government agency that spent Nigerian Naira NGN300 billion (USD728 million) this past academic year (2020-1). Speaking at the fund’s Taxpayers’ Forum, in Lagos, on August 12, Mr Kashim Ibrahim-Imam, the chairman of the fund’s board of trustees, said, working with Nigeria’s Federal Inland Revenue Service (FIRS), the fund had increased its Tertiary Education Tax take from NGN200 billion (USD485 million) and has tasked the FIRS to increase its tertiary ...


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