An overhaul of Nigeria’s tax template will subject monies accruable to the Tertiary Education Trust Fund (TETFUND) to graduated cuts for five years, beginning this year, if a legislative seal is given to a proposed plan of the Tinubu administration. This would certainly vitiate its interventionist role in the tertiary education sector. What is more, the agency is now programmed to get zero direct funding in 2030, and thereafter.
As embedded in the Tax Reform Bill 2025 under…
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