Friday, 17 January 2025 04:30

ASUU warns Tax Reform Bill could threaten public university funding

Rate this item
(0 votes)

The Academic Staff Union of Universities (ASUU) has raised serious concerns about the potential impact of the Nigeria Tax Bill 2024 on public tertiary education, warning that the proposed legislation could undermine the Tertiary Education Trust Fund (TETFund).

Dani Mamman, ASUU's Yola Zone Coordinator, stated that the bill's provisions would redirect crucial funding away from TETFund, potentially destabilizing the public university system. "The future of public tertiary education in Nigeria hangs in the balance," he said, emphasizing that the proposed changes could significantly impair universities' operational capabilities.

According to Mamman, the consequences could be far-reaching, potentially leading to declining academic standards, increased brain drain, reduced research capacity, and broader social implications. He expressed particular concern about universities' ability to maintain competitive staffing levels, warning that institutions might struggle to "attract and retain top talent."

The union is now calling for a united front against the bill, urging the National Assembly, government officials, and other stakeholders to protect TETFund's current structure. "We must stand united to defend our education system and ensure that our universities can continue to serve as beacons of knowledge and innovation," Mamman emphasized.

The concerns come amid broader discussions about Nigeria's proposed tax reforms and their potential implications for various sectors of the economy.​​​​​​​​​​​​​​​​

February 13, 2025

Oil prices down after Trump calls Putin, Zelenskiy to discuss end to Ukraine war

Oil prices settled down more than 2% on Wednesday after U.S. President Donald Trump took…
February 01, 2025

Tinubu targeting opposition, not corruption — Atiku

Former Vice President and Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, has criticized the…
February 13, 2025

The 5 ‘conflict personality’ types—and how to get along with them

Aditi Shrikant Jim Guinn has gotten out of 38 speeding tickets. What’s his trick? He…
February 08, 2025

Mayor loses re-election race to his personal driver’s wife

The mayor of Berezovsky shockingly lost the recent local elections to a “puppet candidate” who…
February 09, 2025

Oil theft: ‘Thieves in military uniforms will not deter thieves in civilian uniforms’, N’Delta leaders…

Former Provost Marshal of the Nigerian Army, Brigadier General Idada Ikponmwen (retd.), Udom Ekpoudom, Deputy…
February 13, 2025

What to know after Day 1085 of Russia-Ukraine war

WESTERN PERSPECTIVE Trump says Putin and Zelenskiy want peace; phone calls kick off talks to…
February 12, 2025

2 uses of AI in healthcare that may be reducing the burden on doctors

Renee Onque Since the start of the Covid-19 pandemic in 2020, there has been a…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2025 NewsScroll. All rights reserved.