Why Government Should Strengthen, Not Weaken TETFund – Falola

Why Government Should Strengthen, Not Weaken TETFund – Falola

Renowned historian and scholar, Prof. Toyin Falola of the University of Texas at Austin, has emphasized the need for the Nigerian government to sustain and enhance the Tertiary Education Trust Fund (TETFund) rather than diminish its funding…READ MORE…

In an exclusive interview, Falola highlighted TETFund’s critical role in transforming Nigeria’s higher education landscape, improving infrastructure, and fostering research. He warned that any move to cut its funding, as proposed in the tax reform bill, could have dire consequences for academic institutions.

Falola also addressed concerns over the National Education Loan Fund (NELFUND), arguing that while it aims to make education more accessible, it could burden students with debt in a country struggling with job opportunities. He urged the government to seek alternative funding solutions instead of dismantling a system that has consistently delivered results.

According to Falola, sustaining TETFund is vital for producing skilled graduates who can drive economic growth, rather than creating a workforce dependent on external talent. He advised the government to explore strategies that balance economic reforms with educational development, ensuring a thriving academic system that benefits both students and the nation.

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