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How Nigeria's Tax Money Is Enriching Foreign Universities - Foreign Affairs - Nairaland

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How Nigeria's Tax Money Is Enriching Foreign Universities by meavox: 8:30am On Jan 07, 2020
This information comes from an article written in 2 parts but I have just quoted the take-home information here.

It seems the Black Race is CURSED to enrich other Races at the detriment and expense of our own people (who are actually our children and their children). The world knows the Black as the global slave. And are they wrong?

It's "a status symbol and a boasting" (I quote from a writer I follow on social media) for Nigerians to be abroad for whatever reasons. Rather than use our money and intelligence to develop Nigeria so we can do all we want within Nigeria, and foreigners can come here to learn. We rather do so many things under STEALING acts to underdevelop our country, then use that as a reason to be abroad (where we can boast we are in America and Europe, or China and Malaysia).
Why can't we live like the rest of mankind eg Europeans study in America BUT Americans study in Europe so it's an equal exchange. How many foreigners want to come study in Nigeria? But we, we love to troop over to Europe and America as all kinds of unwanted and unneeded MIGRANTS deceiving ourselves we are needed there when we know they have Artificial Intelligence and Robots to do their work for them. This is nothing but the behaviour of a self-CURSED Race.

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From Article 1
".....The Tertiary Education Trust Fund (TETFund) was established..... set up to administer and disburse education TAX COLLECTIONS to the federal and state tertiary education institutions in Nigeria. The main source of income available to the Fund is the 2 per cent education tax paid from the assessable profit of companies registered in Nigeria[/b]. The levies are collected by the Federal Inland Revenue Service (FIRS)....."



From Article 2
*....While some scholars justify the reason why Tetfund is sponsoring scholars to study abroad, other scholars have argued that the fund has succeeded in [b]carting away taxpayers’ money to fortify and strengthen universities abroad
.

A lecturer in the University of Jos, who prefers to speak anonymously, said that Tetfund is enriching universities outside the country at the detriment of the universities in Nigeria, according to her, if the money used for academic staff training is committed to one university each year, the country’s universities would have been well equipped to international standard.

“How can universities in Nigeria grow when the major source of funding prefers to give it to some other universities outside? If money committed for foreign training for academic staff is dedicated to one university each year, we would have state of the art research facilities in Nigeria universities the foreign researchers would come to visit. But no, Tetfund prefers to give it to foreign universities for training rather than spend it on Nigeria.”

The lecturer also said that it might not be farfetched if academic scholars are insisting to go and study abroad for some staff to enrich themselves....



SOURCE:
https://thenationonlineng.net/how-tetfund-spends-billions-yearly-on-scholars-2/

https://thenationonlineng.net/how-tetfund-spends-billions-yearly-on-scholars-1/

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