ABSTRACT
This study evaluates the
effect of Education Tax Revenue on the development of Tertiary Education in
Nigeria. The Fund was set up to administer and disburse to Federal and State
Tertiary educational institutions revenue accruing from 2% Education Tax on the
assessable profits of registered companies in Nigeria. The mandate of the Fund
is to rehabilitate, restore and consolidate higher educational institutions,
and the extent to which these noble goals have been met given the dilapidated
state of higher educational institutions in the country has become a recurring
subject matter for enquiry. The purpose
of the study is to determine whether a causal link exists between Education Tax
Revenue and the developmental interventions by TETFund on Physical infrastructure,
Research engagements, Human resource development, Library and laboratory
facilities, and Conference attendance in Nigeria’s tertiary institutions. Data
on education tax revenue and each of the five intervention areas specified for
investigation from 1999 to 2018 were collected from the Bulletins of the
National Bureau of Statistics, and the Tertiary Education Trust Fund, and
analyzed using simple regression technique. Results indicate that education tax
revenue has made significant and positive impact on physical infrastructure,
human resource development and library and laboratory facilities, while
interventions in research engagements and conference attendance were not
significantly impacted. This study noted
the educational implications of these shortfalls and inadequacies in the light
of the mandate and need to advance research and innovation in tertiary
institutions, and proposed remedial actions targeted at encouraging government
and other stakeholders in the education subsector to prioritize research
efforts in tertiary institutions to improve the global visibility of Nigeria’s
tertiary institutions, their competitiveness in innovation and institutional
ranking.
AMAUWA, C (2022). Effect Of Education Tax Revenue On The Development Of Tertiary Education In Nigeria. Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-education-tax-revenue-on-the-development-of-tertiary-education-in-nigeria-7-2
CHINAEMEREM, AMAUWA. "Effect Of Education Tax Revenue On The Development Of Tertiary Education In Nigeria" Mouau.afribary.org. Mouau.afribary.org, 27 Oct. 2022, https://repository.mouau.edu.ng/work/view/effect-of-education-tax-revenue-on-the-development-of-tertiary-education-in-nigeria-7-2. Accessed 31 Oct. 2024.
CHINAEMEREM, AMAUWA. "Effect Of Education Tax Revenue On The Development Of Tertiary Education In Nigeria". Mouau.afribary.org, Mouau.afribary.org, 27 Oct. 2022. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-education-tax-revenue-on-the-development-of-tertiary-education-in-nigeria-7-2 >.
CHINAEMEREM, AMAUWA. "Effect Of Education Tax Revenue On The Development Of Tertiary Education In Nigeria" Mouau.afribary.org (2022). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-education-tax-revenue-on-the-development-of-tertiary-education-in-nigeria-7-2