Prof Ndubuisi Urges Review Of TETFUND Act

The vice chancellor of Christopher University in Ogun State, Prof. Friday Ndubuisi, has urged the Federal Government to review the law that established the Tertiary Education Fund (TETFund), with the sole aim of making private universities as beneficiaries. 

Recall that TETFUND act was established in 2011. It was charged with the responsibility of imposing, managing and disbursing the tax to public tertiary institutions in Nigeria. 

Ndubuisi made the appeal in Lagos during his courtesy visit to the Rutam House, the corporate headquarters of The Guardian, in company of the Registrar, Aloysius Udeoke and Dean, School of Social Sciences, Dr. Nicholas Idoko.    

According to him, the involvement of the private sector in university education has done the country good, and the situation could have been terrible considering the population of the country. 

He added that the union should make effort to establish education bank to grant more Nigerian youths access to quality higher education.

He said, “If truly we are interested in developing our nation, then education is primary, and university education is paramount. We are not asking government to intervene in terms of giving us buildings; they should make this fund available for research and development, and also to advance the course of university education.

“TETFund is not government money. It is a contribution from private companies and so, asking for it, is not out of place.

“We sincerely hope that they will have a change of mind because there is a pressure on private universities in the country, not only that we generate power by ourselves; we spend hugely on infrastructural development and we pay a lot of bills for the day-to-day operations on campus.

“There is also need for establishment of Education Bank,” he said