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TETFund wants Tertiary institutions to make Nigerian graduates entrepreneurs

The Executive Secretary of Tertiary Education Trust Fund (TETFUND), Sonny Echono has called on Tertiary Institutions in Nigeria to produce entrepreneurs and not just graduates.

Mr Echono made the call in Abuja when the Governor of Plateau State, Simon Lalong paid him a courtesy visit at the Fund’s Headquarters.

The TETFUND Boss said investments in creating entrepreneurs would go a long way in curbing the menace of unemployment and consequently, tackle the socio-economic problems prevalent in the country.

According to him, one of his primary goals is to make Tertiary Institutions a place to produce entrepreneurs, stating that with the support of the federal government, TETFUND plans to reinforce the huge investments in the 13 new Universities to fast-track their rate of progress, with a view to achieving the purpose of establishing them.

Mr Echono stressed that the Buhari administration has given its full support to education, adding, “this is evident in the recent Presidential approval of an upward review of Education Tax from 2% to 2.5%, which will enable TETFUND to cope with increasing demands”.

He expressed optimism that the Education Tax would likely be increased to 3% as the government hones in educational investment.

“The increased tax would facilitate the implementation of more developmental projects in the education sector,” he said.

He also expressed appreciation at the show of support from Governor Lalong, while pledging continued commitment to the development of tertiary education in the state.

Earlier, Governor Lalong lauded the fund for the numerous iconic projects dotting the tertiary institutions in Plateau State, saying TETFUND has become a lifeline for the schools.

The Governor expressed optimism that the newly-appointed Executive Secretary of the Fund, who he described as an educationist, with his track record as Permanent Secretary at the Ministry of Education, would keep up the good work of his predecessor, Professor Elias Bogoro,who, according to the Governor, made a lot of impact in the development of tertiary institutions across Nigeria.

Assuring Mr Echono of his support in discharging his duties, Governor Lalong said as the Chairman of the Northern Governors Forum , he would make sure the Executive Secretary gets the support of other northern governors.

Writing by Daniel Adejo; Editing by Tony Okerafor