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Tertiary Education Trust Fund

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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]

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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