Tag Archives: Tertiary Education Trust Fund (TETFund)

Inhibiting Factors to Accessing Tetfund IBR Grant by Lecturers in School of Business Studies in the Nigerian Polytechnics (Published)

The study specifically examined the level of awareness, flow of communication, staff attitude and conditions for publications as they affect access to IBR grants. The population of the study was made up of all academic staff in the School of business studies in all the Polytechnics in the six states of South west geo-political zone of Nigeria. Convenience sampling was used to select 40 academic staff members and questionnaire was administered using quota sampling technique. Correlation coefficient technique was used to test hypotheses at 5% significant level. Findings revealed that all the variables examined were significantly related to access of academic staff in School of Business to Internally Based Research (IBR) grant in Nigeria Polytechnics. In conclusion the level of awareness on arrival of IBR grants as well as flow of communication within various polytechnics is inadequate and its disbursements is not enough to encourage academic staff towards robust research.

 

Citation: Okafor, Virginia C.,  and Olowe, Temitope Sunday (2021) Inhibiting Factors to Accessing Tetfund IBR Grant by Lecturers in School of Business Studies in the Nigerian Polytechnics, European Journal of Business and Innovation Research, Vol.9, No.4, pp. 24-40

Keywords: Communication Flow, Tertiary Education Trust Fund (TETFund), inhibiting factors, internally based research, staff attitude

Tertiary Education Trust Fund (TETFUND) and the Renaissance of Quality Technical and Vocational Education in Nigeria: An Excerption Survey (Published)

The running of Technical and Vocational Educational Education (TVE) in Nigeria’s tertiary institutions appear to be one of the bold steps taken towards solving the technical manpower needs of the nation and making her learners self-reliant. This lofty aspiration is no doubt novel especially as the country is rated among the developing nations. Howbeit, the philosophy behind the establishment of TVE is compelling and promises “gold-bearing” returns. Yet, recording milestones in this regard is constantly plagued with intense problems, the chief of which is funding. To tackle this pressure point, therefore, Tertiary Education Trust Fund (TETFund) was conceived and established as an intervention agency to break the nation free from the vestiges of moribund edifices for teaching and learning, sorry state of instructional materials and equipment, paucity of research and publications, acute shortage of qualified academic staff among other problems. With these as the identified issues, this paper discusses the establishment and management of TETFund, rationale for its setup, the state of TVE in Nigeria’s tertiary institutions and the challenges of the agency. The study therefore recommends among others the necessity to dutifully collect and faithfully remit the 2 percent Education Tax imposed on the assessable profit of companies registered in Nigeria which is the primal source of funding to TETFund.       

Keywords: Renaissance, Technical and Vocational Education (TVE), Tertiary Education Trust Fund (TETFund)