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TETFund Receives N1.024 Trillion from Education Tax in Five Years, NEITI Reveals

The Nigeria Extractive Industries Transparency Initiative (NEITI) has reported that the Tertiary Education Trust Fund (TETFund) accrued around N1.024 trillion from the Education Tax over the last five years. Dr. Ogbonnaya Orji, NEITI’s Executive Secretary, made this announcement during a Memorandum of Understanding (MoU) signing in Abuja, referencing findings from NEITI’s industry reports regarding Nigeria’s…

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Varsities Get N2.8bn Each in 2025 TETFund Disbursement

Tertiary Education Trust Fund (TETFund) has announced its 2025 intervention disbursements, with each Nigerian university set to receive over N2.8 billion. Each Polytechnic will receive N1,994,335,731.71, while Colleges of Education will be allocated N2,178,428,260.79 each, respectively. The Executive Secretary of TETFund, Arch. Sonny Echono, disclosed this at a strategic workshop with heads of beneficiary institutions…

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