The Committee made this submission during its oversight visit to TETFund to ascertain the level of the 2021/ 2022 performance of budget, on Wednesday.
Explaining the reason for the oversight visit, the Committee said, ” Upon the enactment of 2022 Appropriation Act, the Senate of the Federal Republic of Nigeria resolved that Committees should embark on oversight visit on MDAs under their jurisdiction. Consequent upon the above, the Committee commenced this oversight with the main Ministry and today TETFund.”
The fund 2. 5 per cent education tax paid from accessible profit of companies registered in Nigeria has obviously had a massive and sustained impact on the improving tertiary education in Nigeria through several interventions, said the Senate Committee. Describing the Executive Secretary of TETFund, Arc. Sonny Echono as Performer extraordinary, the delegation led by their Chairman, Hon Ahmed Baba Kaita expressed hope that the ES would replicate the same vision and mission of transforming the education sector he had while he was serving as the Permanent Secretary of the ministry in TETFund.