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Tax Reform Bill: ASUU Warns FG Not to Scrap TETFUND for NELFUND

The Academic Staff Union of Universities (ASUU), Sokoto Zone, has warned the federal government not to phase out the Tertiary Education Trust Fund (TETFund), saying it has helped to transform tertiary educational institutions in Nigeria in the last three decades.

Speaking at a press conference held at the Nigerian Union of Journalists (NUJ) Press Centre in Sokoto, the chairman of the Sokoto zone, Professor Abubakar Sabo, explained that suffocating the funding source of TETFund to run the Nigerian Education Loan Fund (NELFUND) would destroy public education in the country.

“The only source of funding is from TETFund, so when you destroy it, you have destroyed public universities,” Sabo stated.

He alleged that some members of the ruling class “want to destroy public universities and ensure that the children of the poor remain slaves”.

The ASUU chairman faulted the tax reform bills introduced by the President Bola Tinubu administration. He said stakeholders were not consulted within the educational sector before the bills were sent to the National Assembly.

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