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Infrastructure in higher institutions: TETfund targets N500bn -

By Adesina Wahab THE Tertiary Education Trust Fund, TETfund, is targeting the sum of N500 billion next year to help address the issue of provision of infrastructure and other support for tertiary Institutions in the country. This is just as the Fund realized the sum of N251 billion out of the projected N277 billion in the outgoing year. This was disclosed by the Chairman, Board of Trustees of Tet fund,    Hajji Kashim Ibrahim-Imam,  during the TETfund/ FIRS 2020 Joint Interactive Forum held in Lagos. To allow the Fund get more revenue from the Education Development Tax, EDT, the two percent being currently deducted from the profits of quoted companies, may be increased to three percent, as the law that set up the Fund will be amended to that effect.

Nigeria s homegrown monster, by Alain Vicky (Le Monde diplomatique - English edition, April 2012)

Nigeria’s homegrown monster What began as a quasi-religious response to northern Nigeria’s poverty and lack of government influence has become a geopolitical player: a semi-terrorist movement that attacks those who most need its support by Alain Vicky  Nigeria, described as a “democrazy” because of its chaotic society. has produced a monster Boko Haram. This began in the northeast about a decade ago as an anti-government religious movement filling the gap left by the opposition parties, but the government has transformed it into a geopolitical player, and the main actor in a cycle of attacks and reprisals. The political establishment, from the governing People’s Democratic Party (PDP) to the main opposition party from the north, the All Nigeria People’s Party (ANPP), along with President Goodluck Jonathan’s military advisers, has helped radicalise the sect by repressing it. Its official name is Jama’atu Ahlis Sunna Lidda’awati wal-Jihad (people comm

TETFund Calls for Sustainable Education Tax Collection to Boost Tertiary Education

Funmi Ogundare The Chairman, Board of Trustees, Tertiary Education Trust Fund (TETFund), Kashim Ibrahim Imam has stressed the need to sustain education tax collection for the fund’s continuous intervention in the country’s tertiary institutions. Imam, who said this at the 2020 joint TETFund/Federal Inland Revenue Service (FIRS) interactive forum, in Lagos, expressed concern that the COVID-19 pandemic has adversely affected the world economy, including Nigeria, saying that decisive and stronger measures need to be taken to ameliorate the effects of the present day reality. Imam, who spoke on the theme, ‘New Thrust in Sustaining the EDT collection during COVID-19 Pandemic for Effective Service Delivery of the Mandate of the Fund’, said the fund has been bedeviled with the challenge of meeting the target of Education Tax (EDT) collection over the years.

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