{"id":6393,"date":"2022-11-22T15:07:54","date_gmt":"2022-11-22T15:07:54","guid":{"rendered":"https:\/\/presspay.ng\/news\/?p=6393"},"modified":"2022-11-22T15:07:57","modified_gmt":"2022-11-22T15:07:57","slug":"brief-history-of-tetfund","status":"publish","type":"post","link":"https:\/\/presspay.ng\/news\/brief-history-of-tetfund\/","title":{"rendered":"Brief History of TETFUND"},"content":{"rendered":"\n<p>Tertiary Education Trust Fund, abbreviated as\u00a0TETFUND, is a scheme established by the Federal Government of Nigeria\u00a0in 2011 to disburse, manage, and monitor education tax to government-owned\u00a0tertiary institutions in Nigeria.<\/p>\n\n\n\n<p>The TETFUND scheme was formed as a product of the Education Tax Act of 1993. This Act repeals the Education Tax Act Cap. E4, Laws of the Federation of\u00a0Nigeria, 2004 and Education Tax Fund Act No. 17, 2003 and establishes the Tertiary Education Trust Fund charged with the responsibility for imposing, managing and disbursing the tax to public tertiary institutions in Nigeria. Before the establishment of the scheme in 2011, government-owned tertiary institutions were poorly funded. The scheme was designed to improve the management of funds disbursed to these institutions.<\/p>\n\n\n\n<p>Source: Tetfund<\/p>\n\n\n\n<p>#PressPayNg#EduSAVINGS#EduLOANS#EduSURE#INTERNSHIP#SCHOLARSHIP#EduHEALTHMAINTAINANCE#ENTERPRENUERSHIP#TERTIARY#EDUCATION#TUITION#FEES#UNIVERSITY#POLYTECHNIC#MONOTECHNIC#FELLOWSHIP#COLLEGEOFEDUCATION#HOLIDAYJOBS#SOFTSKILLSTRAINING<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tertiary Education Trust Fund, abbreviated as\u00a0TETFUND, is a scheme established by the Federal Government of Nigeria\u00a0in 2011 to disburse, manage,<\/p>\n","protected":false},"author":1,"featured_media":223,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[],"class_list":["post-6393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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