The Academic Staff Union of Universities has asked the federal government to raise the education tax payable by companies registered in Nigeria to 10 percent.
The ASUU said the upward review would increase TETFund disbursements to universities from N600 billion annually to N3 trillion.Advertisement “We are in a country where we give 4.5 to 7 percent, out of which less than 70 percent is released. But the Awolowo government was allocating over 30 percent to education.”
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