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FIRS Remits Over N309bn Education Tax To TETFund

FIRS Remits Over N309bn Education Tax To TETFund   The Federal Inland Revenue Service (FIRS) has remitted over N309 billion from education taxation to the Tertiary Education Trust Fund (TETFund). The revenue generated by FIRS from across tertiary education institutions in the country between January and...

A Case for Increment in TETFund’s Education Tax, by Rahma Oladosu

A Case for Increment in TETFund's Education Tax, by Rahma Oladosu   The Tertiary Education Fund, TETFund, as an intervention agency in the tertiary education subsector, executes several projects for Nigerian public universities, polytechnics and Colleges of Education, CoEs. It has over the years, with the aid...

TETFund Seeks NASS Support Over 3% Education Tax Target

TETFund Seeks NASS Support Over 3% Education Tax Target   The Tertiary Education Trust Fund (TETFund) is seeking the support of the National Assembly (NASS) towards meeting its target of three percent education tax collection before the expiration of President Muhammadu Buhari tenure in order to...

Supporting Tertiary Education Through Increased Taxation, by Rahma Oladosu

Supporting Tertiary Education Through Increased Taxation, by Rahma Oladosu   The most prominent avenue through which the Tertiary Education Trust Fund (TETFund) raises funds to prosecute its statutory intervention projects and programmes in Nigerian tertiary institutions is through the Education Tax known as EDT. According to a...

TETFUND Receives N189bn As Education Tax In 2021 – Bogoro

TETFUND Receives N189bn As Education Tax In 2021 – Bogoro   The Tertiary Education Trust Fund, TETFUND, has said that it received N189 billion as Education Tax collection, EDT, in 2021. Prof. Suleiman Bogoro, the Executive Secretary of TETFUND, announced this at its 2021 Education Development Tax,...

FIRS Remits N251bn Education Tax In Ten Months – TETFund

FIRS Remits N251bn Education Tax In Ten Months - TETFund         The Federal Inland Revenue Service (FIRS) collected N251 billion education tax in the first 10 months of year 2020 and remitted same to the Tertiary Education Trust Fund (TETFund) within the period. The Chairman, Board of...