Metro

TETFUND could perform well with available resources – Minister

Published

on

Dr George Akume, Minister of Special Duties and Intergovernmental Affairs has applauded the Tertiary Education Trust Fund (TETFUND) for its services to the education sector, saying it could perform better with availability of financial supports.

Akume gave the commendation when he received the Committee of Vice Chancellors (CVC) in his office in Abuja, seeking support of the ministry for the organisation’s 60 years anniversary.

In a statement issued by Mrs Julie Osagie, Deputy Director Press, office of Ministry of Special Duty, Akume said that such support could only be achieved through citizens’ response to tax payment.

The Minister, therefore, urged Nigerians to be faithful tax payers to enable TETFUND fund the education sector properly in the country.

News Agency of Nigeria recalls that TETFUD was esterblished in 2011, to administer and disburse funds to Federal and State tertiary educational institutions, specifically for the development of the sector.

The institution was also mandated  to maintain essential physical infrastructure for teaching and learning.

“The challenges in the educational sector are many, especially in the area of funding and space, if our resources are properly managed, TETFUND can be better placed to support University education in the country.

“With harnessing of resources, the Federal Government can deliver in the provision of basic amenities especially in the education sector, ” Akume said.

Akume noted that TETFUND was established to improve education tax revenue and make such available for education intervention programmes.

He, however, seized the opportunity to call on Universities in the country yet to key into the Integrated Payroll and Personnel Information System (IPPIS) to do so.

According to him, the migration of Universities to IPPIS for salary payments will ensure effectiveness and efficiency of payroll administration.

He expressed pleasure with the outstanding performance of Nigerian Universities over the years.

Earlier, the leader of the CVC,  Prof. Yakubu Ochefu said that the main reason for visiting the minister was to solicit the Ministry’s cooperation and support for the commemoration of 60 years of the founding of the CVC.

“The CVC is seeking for assistance in the production and publication of a compendium of Universities in the country that will serve as an information memorandum.

“This is in addition to research and production of a documentary on the establishment and history of the CVC.

He recalled that CVC was an organisation established in 1962 by a resolution adopted at a meeting of Vice Chancellors of five Nigerian Universities.

The original members were the Universities of Ibadan (UI), Nigeria Nsukka (UNN), Ahmadu Bello (ABU), University of Lagos and Obafemi Awolowo University (OAU).

The organisation was esterblished with a vision for the attainment of academic excellence through cooperation and exchange of ideas.

Edited By: Nick Nicholas/Sadiya Hamza (NAN)

Okon Okon

Okon Okon: NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.ng. Disclaimer.

Latest News

NBA All-Star Voting presented by AT&T tips off Thursday, Jan. 28 Coronavirus: UK in Cameroon COVID-19 Relief Caravan World’s largest survey of public opinion on climate change: a majority of people call for wide-ranging action Canon announces launch of Africa Frontiers of Innovation Series 2021 Minister of Foreign Affairs announces Canada’s contribution to the United Nations Peacebuilding Fund As Sub-Saharan crises force more to flee, UNHCR calls for stronger Mediterranean route response Coronavirus – Gambia: COVID-19 update (26 January 2021) Coronavirus – Zambia: COVID-19 update (26 January 2021) Coronavirus – Kenya: COVID-19 update (26 January 2021) Coronavirus – Ethiopia: COVID-19 update (26 January 2021) Amen Healthcare and Empowerment Foundation invites the press to a roundtable on neglected tropical diseases (NTDs), mass drug administration, and WHO 2030 NTD roadmap Coronavirus – Eswatini: COVID-19 update (26 January 2021) Bill and Melinda Gates Release 2021 Annual Letter: “The Year Global Health Went Local” Supersapiens and Team Qhubeka ASSOS Announce Partnership AstraZeneca is recognised as a Top Employer 2021 in South Africa and Kenya Coronavirus – South Africa: COVID-19 update (26 January 2021) Moussa Faki Mahamat and Mohamed Ibn Chambas concluded a joint visit to Sierra Leone and Cabo Verde Coronavirus – Zimbabwe: COVID-19 update (26 January 2021) Coronavirus: African Union Member States reporting COVID-19 cases as of 26 January 2021, 9 am EAT eLife Publishes AIMS Researcher’s Paper on HIV Treatment Coronavirus – Malawi: COVID-19 update (25 January 2021) Coronavirus – Ethiopia: COVID-19 update (25 January 2021) Coronavirus – Nigeria: COVID-19 update (25 January 2021) Coronavirus – Zambia: COVID-19 update (25 January 2021) Coronavirus – Kenya: COVID-19 update (25 January 2021) 34th AU Summit strives to leverage and valorise African Arts, Culture and Heritage Signing of memorandum of understanding (MoU) Between Development of the Private Sector (ICD) and SQB Securities, Uzbekistan New African Development Bank-Global Center on Adaptation (GCA) initiative will galvanize $25 billion to scale up African climate adaptation Africa's top business leaders to participate in awards to celebrate India's republic day to independence day Register to hear Musa Kalenga on leapfrogging tech in Africa at #BizTrends2021 Unstoppable Paule Ella Guei honoured with Sports+ Award Her Excellency Fatoumata CM Jallow Tambajang and her commitment to serve the people of Africa Coronavirus – Rwanda: COVID-19 update (25 January 2021) Coronavirus – Gambia: COVID-19 update (25 January 2021) Kenya adopts Trusted Travel digital tool for COVID-19 test result verification Coronavirus: African Union Member States reporting COVID-19 cases as of 25 January 2021, 9 am EAT Coronavirus – Uganda: COVID-19 update (24 January 2021) Beyond COVID: Prioritizing NTD agenda and sustainable local financing International Islamic Trade Finance Corporation (ITFC) announces the launching of the 2nd phase of the Aid for Trade Initiative for Arab States (AfTIAS 2.0) in June 2021 to Mitigate the Effects of COVID-19 on Trade in the Arab Region Coronavirus: African Union Member States reporting COVID-19 cases as of 24 January 2021, 6 pm EAT New Report on African media shows western sources dominate how the Africa story is told Coronavirus – Malawi: COVID-19 update (24 January 2021) Coronavirus – Kenya: COVID-19 update (24 January 2021) Coronavirus – Zambia: COVID-19 update (24 January 2021) Sudan kicks off second response campaign against polio outbreak Rugby Africa announces competition program and calendar for 2021 Coronavirus – Eswatini: COVID-19 update (24 January 2021) Situation in Central African Republic II: Mahamat Said Abdel Kani surrendered to the ICC for crimes against humanity and war crimes Coronavirus – Rwanda: COVID-19 update (24 January 2021) Coronavirus – South Africa: COVID-19 update (24 January 2021)