Should Private Universities Be Funded By TETfund?

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The creation of the Tertiary Education Trust Fund (TETfund) by the federal government was a crucial step in addressing the decline of educational infrastructure in Nigerian universities. TETfund's mandate is to manage, distribute, and monitor education tax funds for public tertiary institutions in the country. It aims to provide much-needed financial support in various areas, including intervention programs and staff training and development.

However, a recent outcry from Vice Chancellors of private universities has shed light on an important issue: the exclusion of private institutions from TETfund. As private sector involvement in university education has increased, there has been a decline in the quality of public university education. This decline is attributed to issues such as inadequate facilities, overcrowding, poor working conditions for staff, and frequent strikes leading to prolonged university shutdowns and disrupted academic calendars.


Private institutions, on the other hand, have made significant strides in providing quality education for students. They have invested in better facilities to create conducive learning environments. In light of this, it is crucial to review the Tertiary Education Trust Fund (TETFUND) Act of 2011 in Nigeria. This review should ensure that privately-owned tertiary institutions can also benefit from the fund, alongside government-owned institutions.

Currently, TETfund's focus is exclusively on government-owned universities, making it challenging to fulfill its mandate of rehabilitating, restoring, and strengthening tertiary education in Nigeria. Despite private universities contributing to the fund through education tax, they are left out of the equation. It is worth noting that private universities make up 50% of Nigerian universities, and their exclusion hampers overall progress in the development of tertiary education.

By extending support to privately-owned tertiary institutions, Nigeria can foster greater progress in the advancement of higher education. It is imperative that government funding be made available to these institutions, allowing them to enhance their educational offerings, improve infrastructure, and attract top talent. Inclusion and equal access to funds will not only benefit private institutions but also contribute to the overall growth and development of the education sector in the country.

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