President Bola Tinubu has appointed two former governors into the newly constituted board of the Tertiary Education Trust Fund, TETFund.
The former governors are Aminu Masari, a former governor of Katsina, and Saminu Turaki, a former governor of Jigawa state.
Ajuri Ngelale, Special Adviser to the President on Media and Publicity, made the announcement in statement issued on Tuesday, saying Masari will chair a seven-member TETFund board named by the president.
Other members of the board members are Sani Danladi, a former senator representing the Taraba North senatorial district, Sunday Adepoju, former postmaster general of the Nigeria Postal Service, NIPOST.
The board members also include Nurudeen Adeyemi, Esther Onyinyechukwu Ukachukwu, and Aboh Eduyok.
TETFUND was established in 2011 to monitor the disbursement of education tax to government-owned tertiary institutions in Nigeria.
It provides supplementary support to public tertiary institutions as infrastructure, staff training, and research funding among others.
The fund’s main revenue source is the three percent education tax paid from the assessable profit of companies registered in Nigeria.
The Federal Inland Revenue Services (FIRS) collects the tax on behalf of the fund.
Recall that Masari, the imediate past governor of Katsina state was a staunch supporter of President Tinubu’s bid for the presidency in 2023.
Meanwhile, the President had nominated Badamasi Lawal as Chief Executive Officer, National Social Investment Programme Agency, NSIPA.
The appointee replaces Halima Shehu, who was suspended in January over corruption related issues, and his appointment is expected to be confirmed by the Nigerian Senate.
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