TETFUND/FIRS 2021 Zonal Interactive Forum Holds in Maiduguri
As Board Chairman Kashim Imam makes exciting disclosure about Fed Poly Monguno
The chairman of the Tertiary Education Trust Fund (TETFUND) Mutawalli Kashim Imam has Monday, Feb. 28 hosted a joint interactive session for his organisation and the Federal Inland Revenue Service (FIRS) in Maiduguri, Borno state.
The Maiduguri meeting is the last of the zonal meeting for the year 2021 that TETFUND held across the six geographical regions of Nigeria.
Imam, an accomplished businessman and politician said the interactive session was designed together with the country’s foremost revenue collector to enable the two bodies to review their achievement and areas that need improvement.
“The Interactive Session allows us to give an account of ourselves on what we’ve done and what we are currently doing,” he said.
This forum also allows us to put our heads together in an annual get together where we look at how we can improve tax collection for FIRS and revenue for the TETFUND.
Imam, a three times governorship candidate and now one of the leading figures of APC said the interactive forum coincides with the 10th anniversary of TETFUND, hence it provides an opportunity for the Fund to echo its achievements during the decade under review.
“I’m proud to say that TETFUND has funded and executed over 10,000 projects in various tertiary education institutions across the country,” Imam said.
Listing some of the recent projects executed by TETFUND, the board chairman said “four universities have been designated as centres of excellence and awarded extra funding of a billion naira each.
He added that six polytechnics and six federal colleges of education have also been designated as centres of excellence.
Mr Imam added that in Borno state the Fund had been able to facilitate the establishment of a Federal Polytechnic in Monguno and approved funding of N2 billion for its critical take-off projects.
While commending the FIRS for its robust collaboration and support in the area of fulfilling its legislated role of helping TETFUND collects its revenue, the Chairman of the board lamented that due to the global economic downturn, “TETFUND was only able to realise N200 billion out of the N500 billion it targetted for 2021.
The interactive session, themed “Improving Edt Collection In The Post Pandemic Era” had key presentations from both FIRS and TETFUND officials, on the novel innovations being brought on board to improve revenue generation, as well as services of the education fund.