EDUCATION: 226 Tertiary Institutions To Benefit From N500b Tax In 2021 – Imam

The Chairman Board of Trustees Tertiary Education Trust Fund (TETFund), Kashim Imam, has stated that 226 tertiary institutions, in Nigeria, including federal and states universities and polytechnics and colleges of education are proposed to benefit from N500 billion Education Tax in 2021.

He made this statement at the TETfund/FIRS 2020 joint interactive section held in Ilorin on Thursday.

“A new target of N500 billion was set as Education Tax for the FIRS in 2021 considering the magnitude of challenges facing tertiary education in Nigeria” He stated

He further explained that TETfund was committed to impact positively on the nation’s tertiary institutions which comprises 226 federal and state universities, federal and state polytechnic and Colleges of Education for improved infrastructure components.

Imam also said that the TETFund BOT under him was,
”committed and determined to prove that public agency must work and must work to get results”

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