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Nigeria Generates N3.1Trillion Education Tax In Five Years Yet Universities, Polytechnics, Colleges Protest Neglect

Amid controversies over funding in Nigeria’s education sector, a SaharaReporters review of the Tertiary Education Trust Fund (TETFund) annual report has revealed that a total sum of N3.1 trillion was generated between 2020 and 2024 as education tax. The education tax is an allowable deduction in “computing the assessable profits of companies engaged in petroleum

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Tinubu Government To Begin New Tax Policies For Nigerians In January 2026

The President Bola Tinubu-led Nigerian government has announced that it will commence the implementation of four new tax laws, dubbed the “Tax Acts quartet”, in January 2026, a move it claims will expand the country’s revenue base while reducing the burden of taxation on citizens. The Minister of Information and National Orientation, Mohammed Idris, disclosed

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