The federal government is amending tax reform bills to ensure Tertiary Education Trust Fund (TETFund) funding continues beyond 2030.
Education Minister Tunji Alausa confirmed this at a press briefing in Abuja, reassuring stakeholders of sustained TETFund revenue allocation.
President Bola Tinubu earlier proposed four tax reform bills, including the Nigeria Tax Bill and Nigeria Tax Administration Bill.
A clause in the Tax Administration Bill sought to replace education tax with a development levy, gradually eliminating TETFund’s funding.
The proposal faced criticism, with stakeholders warning it could weaken TETFund and impact public tertiary education funding significantly.
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Alausa assured that the education ministry is working with lawmakers to amend the bill, protecting TETFund’s funding structure.

He stated, “We engaged with the tax reform committee, and I confirm TETFund will not be phased out.”
Established in 2011, TETFund relies on company tax deductions collected by the Federal Inland Revenue Service (FIRS).
It has played a crucial role in developing infrastructure, research, and training across Nigeria’s public tertiary institutions nationwide.