Education
TETFund Targets N500bn Education Tax for 2021
The Tertiary Education Fund (TETFund) has said its target is to generate N500 billion from the Education Tax collection from companies in 2021.
This was as TETFund tasked the Federal Inland Revenue Service, FIRS, to improve its collection strategy to surpass the earlier target of N277 billion set for 2020.
The body disclosed this in Port Harcourt at the Tertiary Education Trust Fund, 2020 TetFund/FIRS Interactive Forum with stakeholders in the South-South Zone, tagged ‘New Thrust in Sustaining the EDT Collection During Covid-19 Pandemic for Effective Service Delivery of the Mandate of the Fund’.
Speaking, the Chairman of Board of Trustees, Tertiary Education Trust Fund, Alhaji Kashim Ibrahim Imam, stated that TETFund’s target in 2020 was to generate N277 billion, but expressed optimism that the said target may be achieved despite challenges posed by the COVID-19 pandemic.
He revealed that the same target of N277 billion has been set for 2021, but charged the FIRS to ensure that the target was surpassed by more than 10% increase. Imam said: “I challenge the FIRS to do more than they are doing. The figure for this year is 277 billion for 2020. For next year, 2021, the target is N277 billion. That is the target we set for FIRS. “As at September, this year we have 235 billion collected already. That means by December we would have collected the 277 billion target.
“We should be looking at the region of N500 billion. We should not be looking at 10% increase on N277 billion, that is not good enough. We should target N500 billion. I will do everything to support you, and I will support and consult for free to ensure we achieve this”.
Imam commended companies for paying their EDT as at when due, calling on others who are not up to date to give attention to EDT, even as he stated that the tax is used for research and educational development on the nation.
“I want to challenge companies that have not been paying to make efforts to pay. Education is vital to the development of any country.
Tertiary education is responsible for scholarship, research and should be funded. “We call on those who have not being paying to please give attention to it.
We are challenging FIRS to improves despite Covid-19 and it is achievable. He noted that TETFund target was to reach 50 universities soon, noting the University of Port Harcourt, Lagos State University, have 68 ongoing projects, while University of Lagos has 75 projects.
“We are to go to 50 universities. We have gone round to see things for ourselves and we see and it is established that TETFund of making impact. We have seen that the TETFund is doing well. “In UNILAG we have 75 projects ongoing. In LASU we have 68 on going projects. UNIPORT has 68 on going projects funded by TETFund. It means that the fund is utilised most effectively and importantly. “We are seeing results. I can say that the taxes you have been paying as education tax is impacting on education across Nigeria.
“The relationship between TETFund, and FIRS is working. FIRS has done exceedingly well.” However, the Executive Chairman, FIRS, Muhammad Nami, has promised that the Service would surpass the targets set by TETFund for 2020 and 2021. Nami, who was represented by Coordinating Director, FIRS, Ezra Zuberu, disclosed that in 2019, the Services collect 214 billion EDT from companies.
Business News
NELFUND Loan Improves Graduate’s GPA to 3.50
A graduate of the University of Maiduguri, Shianya Ebwaseh, said the Nigerian Education Loan Fund (NELFUND) helped improve her Grade Point Average (GPA) to 3.50 through financial support that enabled her to concentrate on her studies.
Ebwaseh, who graduated from the Department of Zoology, Faculty of Life Sciences, said this in an interview on Monday in Maiduguri.
She said financial difficulties had previously affected her academic performance, as she struggled to meet her daily needs while pursuing her degree.
The graduate said she resorted to selling fried chips and groundnuts on campus to support herself, sometimes missing lectures because of the time and energy required to run the business.
According to her, the introduction of NELFUND’s student loan scheme relieved her financial burden through tuition support and a monthly N20,000 upkeep allowance.
“Before NELFUND, I struggled with my GPA because of financial challenges. I sometimes missed lectures after spending hours frying and packaging chips for sale.
“But when NELFUND came, I stopped the business and concentrated on my studies. My GPA improved to 3.50, which is Second Class Upper,” she said.
Ebwaseh said the financial support also enabled her to attend lectures regularly, purchase learning materials and prepare adequately for tests and examinations without constant worries about money.
She added that her examination scores improved significantly after she began receiving the support, attributing the change to increased concentration and financial stability.
The graduate, who said she accessed the scheme in her third year, described the application process as simple and encouraged other eligible students to apply.
She also said the programme had helped financially disadvantaged students remain in school, particularly those whose parents could not afford tuition fees and upkeep.
Ebwaseh appealed to the Federal Government to sustain the initiative, emphasising that withdrawing the support could expose many students to financial difficulties and possible dropout.
She said the scheme had given beneficiaries an opportunity to pursue their academic ambitions with fewer financial distractions.(NAN)
Education
Ondo SUBEB Charges 637 Newly Absorbed Teachers on Professionalism
The Ondo State Government has congratulated the 637 newly absorbed teachers and other personnel into the state public teaching service, urging them to uphold professionalism, discipline and dedication in the discharge of their duties.
The Chairman of the State Universal Basic Education Board (SUBEB), Princess Ademulegun Olufunmilayo Brown, gave the charge while addressing the beneficiaries following the successful completion of the absorption exercise.
She described the development as an important step towards strengthening manpower and improving the quality of basic education across the state.As part of the exercise, the distribution of employment letters commenced on Wednesday, 28th October with beneficiaries from the Central Senatorial District, while those from the Southern and Northern Senatorial Districts received their letters on Thursday, 29th, and Friday 39th, respectively.
Addressing the beneficiaries, the Chairman described their appointment as both a privilege and a call to service, urging them to demonstrate integrity, punctuality, discipline and commitment to their responsibilities.
She emphasised that teachers play a vital role not only in imparting knowledge but also in shaping the character and future of pupils.
The Chairman further charged them to familiarise themselves with the rules governing the Ondo State Public Service and the teaching profession, while embracing continuous professional development and effective teaching practices that would improve pupils’ learning outcomes.
She assured the beneficiaries of the Board’s commitment to strengthening basic education delivery and urged them to reciprocate the confidence reposed in them by the state government through exemplary service.
She therefore directed all newly absorbed personnel to report to their respective duty posts within one week of receiving their appointment letters, warning that failure to comply could result in forfeiture of the employment opportunity, subject to applicable regulations.
Princess Brown expressed appreciation to Governor Lucky Orimisan Aiyedatiwa for approving the absorption, noting that the initiative reflected his administration’s commitment to addressing staffing needs in public schools and advancing the education sector under the OUR EASE Agenda.
She also commended the committee constituted by the Governor to oversee the exercise, chaired by Engr. Bola Taiwo, with Dare-Atunse and Pastor Omotayo Akeju as members, and Princess Abike Bayo-Ilawole as Secretary, for ensuring transparency, fairness and adherence to due process.
The Permanent Secretary of ODSUBEB, Princess Abike Bayo-Ilawole, explained that the absorption exercise was undertaken to address outstanding issues arising from last year’s recruitment exercise and ensure that qualified personnel were properly captured.
She disclosed that the screening covered the three senatorial districts of the state, with more than 1,000 applications and related correspondence attended to. She maintained that the process was conducted without bias or prejudice, in accordance with the principles of fairness, transparency and equal opportunity.
She urged the beneficiaries to complete and submit all necessary documentation for proper integration into the Board’s administrative system. She also warned against surrogate service, stressing that no teacher would be permitted to delegate his or her official responsibilities to another person. Anyone found engaging in the practice, she cautioned, would face disciplinary action.
In their goodwill messages, the Board’s Full-Time Member I, Hon. Christopher Olorunfemi; State Chairman of the Nigeria Union of Teachers (NUT), Comrade Ayodele Samuel-Leke; and State Chairman of the Association of Primary School Headteachers of Nigeria (AOPSHON), Comrade Olakunle Akintoroye, congratulated the beneficiaries and urged them to uphold the ethics and dignity of the teaching profession.
They also advised the newly absorbed personnel to remain law-abiding, respect constituted authority and demonstrate diligence and commitment to improving the standard of basic education in the state.
Speaking on behalf of the beneficiaries, Fajana Recheal, Olugboji Funmilayo and Adenike Oluwaseun expressed gratitude to Governor Aiyedatiwa for the opportunity to serve in the state public teaching service.
They also appreciated the Board and the screening committee for the successful completion of the exercise, assuring that the beneficiaries would justify the confidence placed in them through dedication and exemplary service.
Education
University of Agriculture, Orerokpe Bill, Passes Third Reading in Senate
The University of Agriculture, Orerokpe Bill, sponsored by Senator Ede Dafinone, representing Delta Central Senatorial District, has passed through its third reading in the Senate.
Dafinone announced the development in a statement, describing the passage of the bill as a major step towards expanding access to education, promoting agricultural development and creating opportunities for young people in Delta State.
The senator said the proposed institution would help unlock the agricultural potential of the area while providing greater educational opportunities for future generations.
“This is more than the passage of a bill; it is a statement of purpose, a promise of progress, and an investment in generations yet unborn,” he said.
Dafinone urged constituents and other stakeholders to sustain their support for the proposed university, stressing the need to translate the legislative milestone into lasting benefits for the people.
He said the initiative was aimed at strengthening education, encouraging agricultural innovation and creating opportunities that would benefit generations to come.
“The future of our children is too important to leave to chance. Together, let us champion education, drive agricultural innovation, create opportunities, and build a legacy that generations will celebrate,” the senator said.
He described the passage of the bill as a significant milestone in the effort to advance development in Delta Central and expressed optimism about the vision behind the proposed institution.


