The house of representatives says it will investigate the alleged abuse of N2.3 trillion tertiary education tax by the Tertiary Education Trust Fund (TETFund) from 2011 to 2013. The lower
The house of representatives says it will investigate the alleged abuse of N2.3 trillion tertiary education tax by theThe lower legislative chamber passed the resolution during the plenary session on Tuesday after the adoption of a motion co-sponsored byThe tertiary education tax was introduced as a special corporate levy to provide specialised funding for higher education in Nigeria, including capital projects, research and development, among others.
While moving the motion, Fatoba, the lead sponsor, said since the establishment of the TETfund in 2011, the fund has earned “trillions of naira” as generated revenue. “These abuses, actions, inactions and infractions have resulted in the misappropriation of funds and unjust enrichment of funds worth about N2.3 trillion.”
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: Ihonvbere, Kingsley Chinda named house of reps majority, minority leaders | TheCableTajudeen Abbas, speaker of the house of representatives, has announced the principal officers of the majority party – the All Progressives Congress (APC) – in the lower legislative chamber. At
Read more »
Ihonvbere, Kingsley Chinda named house of reps majority, minority leaders | TheCableTajudeen Abbas, speaker of the house of representatives, has announced the principal officers of the majority party – the All Progressives Congress (APC) – in the lower legislative chamber. At
Read more »
Reps Visit Adamu, Abbas Disowns Aide Over Comments On BuhariThe speaker of the House of Representatives, Hon. Tajudeen Abbas, and his deputy, Hon. Benjamin Kalu, yesterday, visited the national chairman of the ruling
Read more »
JUST IN: Ihonvbere, Chinda, others emerge as Reps principal officersSpeaker Tajudeen Abbas announced the names of the principal officers during the plenary on Tuesday...........
Read more »
Abbas to reps: Expectations from citizens are high, let's work for collective success | TheCableTajudeen Abbas, speaker of the house of representatives, has asked his colleagues to rise above partisan interest to deliver good governance to Nigerians. Abbas, who spoke on Tuesday at the
Read more »
APC disowns Senate, Reps principal officers announced by Akpabio, Abbas'The national headquarters of the party, the NWC, has not given any such information or communicated about the choice of officers,' APC National Chairman, Abdullahi Adamu, said.
Read more »