Entity: TETFUND
TETFUND, short for Tertiary Education Trust Fund, is a scheme established by the Federal Government of Nigeria in 2011 to disburse, manage, and monitor education tax to government-owned tertiary institutions in Nigeria.
TETFUND
Etymology
TETFUND is an acronym that stands for Tertiary Education Trust Fund.
Definition
TETFUND is a scheme established by the Federal Government of Nigeria in 2011 to disburse, manage, and monitor education tax to government-owned tertiary institutions in Nigeria.
Historical Context
TETFUND was created to provide funding for the improvement of educational infrastructure, teaching, and research in Nigerian universities, polytechnics, and colleges of education.
Cultural Significance
TETFUND plays a crucial role in enhancing the quality of education in Nigeria by supporting academic research, staff training, and infrastructure development in tertiary institutions.
Related Concepts
TETFUND is similar to other educational funding schemes in different countries that aim to enhance the quality of higher education through financial support.
See Also
A government scheme in Nigeria established to manage and distribute education tax to government-owned tertiary institutions.