TETFund: Reps Disallow Private Colleges Of Education From Accessing Fund

0
179
Honourable Yakubu Dogara_1
Honourable Yakubu Dogara, Speaker of the House of Representatives,
2016 Hot Business Ideas

THE House of Representatives Committee on Tertiary Education and Services, on Monday, rejected the request of the proprietors of the nation’s Private Colleges of Education to allow their institutions access funds from the Tertiary Education Trust Fund (TETFund).

The committee, chaired by Honourable Aminu Suleiman, turned down the request in Abuja yesterday at a one day public hearing organised to get the input of education stakeholders on: a Bill for an Act to Amend the TETFund Act 2011; a Bill for an Act to upgrade the Nigeria Police Academy, Wudil, Kano to a degree awarding institution among other education related bills.

It stated that it was wrong to be using Federal Government money to finance private business, arguing that the private colleges of education were set up as business ventures to make profit.

The committee also promised to look critically into the positions canvassed by TETFund on why the act setting it up should not be amended as being canvassed by the Provosts of Federal Colleges of Agriculture and some interest groups.

The committee gave the Ministry of Interior three weeks within which to submit before the House an executive bill seeking to upgrade the Nigeria Police Academy, Wudil, Kano, to a degree awarding institution failure which it threatened to begin legislative work on the private ones already before it.

“We are urging you to speed up the process of the bill so that we don’t continue to operate in conflicts. We have to create a standard for the institution. If by three weeks also you failed to come up with it, we will have no option than to go ahead with the one we have already,” the committee chairman declared.

LEAVE A REPLY