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  - WORLDSTAGENEWS.COM - A La Une - 10/Aug 20:33

TETFund receives N1.6trn for interventions tertiary institutions

WorldStage Newsonline– The Tertiary Education Trust Fund (TETFund)  has received ₦1.6 trillion allocations for various interventions across tertiary institutions in the country. Chairman of TETFund’s Governing Board and former Katsina State Governor, Alh. Aminu Masari said in Katsina that the fund, the highest in recent allocations, accrued from the three per cent education tax imposed on company profits, as stipulated by the TETFund Act. Masari stated that 40 per cent of the amount, representing ₦460 billion, was earmarked for interventions across tertiary institutions nationwide. For state-level interventions, three institutions were…

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