Tertiary Education Trust Fund

Tertiary Education Trust Fund, abbreviated as TETFUND, is a scheme established by the Federal Government of Nigeria in 2011 to disburse, manage, and monitor education tax to government-owned tertiary institutions in Nigeria.[1][2]

The TETFUND scheme was formed as a product of the Education Tax Act of 1993. Prior to the establishment of the scheme in 2011, government-owned tertiary institutions were poorly funded. The scheme was designed to improve on the managements of funds disbursed to these institutions.[3][4]

References

  1. "jigawa college receives nbn tetfund intervention fund". Vanguard Newspaper. Retrieved September 10, 2015.
  2. "plateau government lobbies tetfund". daily independent. Retrieved September 10, 2015.
  3. "tracking tetfund interventions in education sector". guardian newspaper. Retrieved September 10, 2015.
  4. "n100bn tetfund unaccesed tertiary institutions bot chairman". daar communications plc. Retrieved September 10, 2015.
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