Home Project-material STRATEGIES FOR MANAGING THE TETFUND INTERVENTION AMONG TERTIARY INSTITUTIONS IN ANAMBRA STATE, A STUDY OF FEDERAL COLLEGE OF EDUCATION (TECHNICAL) UMUNZE.

STRATEGIES FOR MANAGING THE TETFUND INTERVENTION AMONG TERTIARY INSTITUTIONS IN ANAMBRA STATE, A STUDY OF FEDERAL COLLEGE OF EDUCATION (TECHNICAL) UMUNZE.

Dept: EDUCATION File: Word(doc) Chapters: 1-5 Views: 4

Abstract

...
INTRODUCTION

Background of the study:

Education is an indispensable tool for personal and social development.

Many countries in the world see education as a good investment for national

development because it is expected to produce the required quantity and quality of

human resources for the economic growth. Nigeria being fully aware of this

desired education as an instrument per excellence in the development of the

national economy. This desire has been heightened by the act that the development

in of advanced countries such as Britain, America, Germany and France, to

mention but a few, is strongly hinged on education (Majasan. 2008). It is not

surprising then, that these countries have come to identify education as the magic

word that can transform their societies, and hence, committed a lot of human and

material resources into the provision of education at all levels and Nigeria is not

left out.

Fortunately, according to Iwechukwu (2006), the emergence of National

Policy of Education is a journey, which began since 1847 with the establishment of

British Privy Council on Education. In September 1973, the National Policy on

Education came into force by changing the school calendar, which used to run

from January to December, to now commence from September to August. In

addition, the school system which used to be mainly 6-5-4 (six years of primary

school, five years of secondary and four years of tertiary institution education

changed to now 6-3-3-4 system. This means 6 years of primary school education, 3

years of junior secondary, 3 years of secondary school and 4 years of tertiary

institution education.

Tertiary education is the level of education acquired after secondary

education in higher institutions of learning such as Universities, Polytechnics,

Colleges of education and other institutions of higher learning offering

correspondence courses, diplomas and certificates. Tertiary institutions are also

grouped into Public Institutions owned by the Federal and State Government and

private Institutions owned by Individuals, Religious bodies and other private

organizations, (Famade, Omiyale & Adebola 2015). Ahmed (2011) opined that the

challenges confronting tertiary institutions in Nigeria include financing and

funding, the growth of private tertiary institutions, management challenges and so

on but the challenge dealing the worst deathblow is that of underfunding of tertiary

institutions. Nwangwu (2005) stated that the foundation of education is frail when

education is not well funded and the products of such foundation are weak

intellectuals. When there were just few tertiary institutions, government saddle the

burden of funding the institutions solely but from the mid- 1980’s there was a

massive increase in the number of tertiary institutions and in students’ enrolment in

Nigeria. This increase has gotten to the point where government openly

acknowledged that it can no longer saddle the responsibility of funding institutions

alone.

Thus, the goal of tertiary education has long been identified as the process that

helps to develop the whole man physically, mentally, morally and technologically,

to enable him/her function effectively in any environment in which they find

themselves so that they may become more productive, self-fulfilling and attain

self-actualization (Aluede, Aluede & Ufah, 2009). Hence the importance of higher

education is to provide quality education for her products so that they can assume

leadership positions in their immediate and external communities (FGN, 2014). As

a means of providing qualitative and transformed education for her products,

degrees are expected to be awarded to graduands of these higher institutions who

may have distinguished themselves, that is, found worthy in character and learning.

In achieving the importance and objectives of tertiary education, quality of its

inputs and outputs must be ensured and transformed for the best.

In realizing quality transformation of tertiary education, the role of

TETFUND (Tertiary Education Trust Fund) became crucial. The Tertiary

Education Trust Fund (TETFund) was established as an Intervention Agency under

the Education Tax Act No.7 of 1993 to take charge of tax fund in providing

essential services to tertiary institutions. Tertiary Education Trust Fund Act, 2011

repeals the Education Tax Act which was charged with the responsibility for

managing, disbursing and monitoring the education tax to public tertiary

institutions in Nigeria by imposing a 2 percent (2%) Education Tax on the

assessable profit of all registered companies in Nigeria (Udu and Nkwede, 2014).

The mandate of the fund as provided in section 7(1) (a) to (e) of the TETFund Act,

2011 is to administer and disburse the amount in the fund to Federal and State

tertiary educational institutions, specifically for the provision and maintenance of

the following:

1) Essential physical infrastructure for teaching and learning;

2) Instructional material and equipment;

3) Research and publication;

4) Academic Staff Training and Development;

5) Any other need which, in the opinion of the Board of Trustees, is critical and

essential for the improvement of quality and maintenance of standard in the higher

educational institutions (http://tetfund.gov.ng, Saturday, February1, 2018).

Moreover, Tetfund ensures that funds generated from education tax utilized to

improve the quality of education in Nigeria without direct awarding contract by:

– Providing funding for educational facilities and infrastructural development.

– Stimulating, supporting and enhancing improvement activities in educational

foundation areas like teacher education, teaching practices, library

development among others.

– Championing new literacy- enhancing areas such as scientific, information

and technology literacy.

– Promoting creative and innovative approaches to educational learning and

services (http://tetfund.gov.ng, Saturday, February1, 2018).

Oxford Advance Learner’s dictionary (2006), viewed strategy as a plan of action

designed to achieve a long time or overall aim. It also sees manage as being in

charge of organization or people, being able to cope or being able to control the

use of money or resources. The strategies for managing Tetfund intervention refers

to plans for effective management of all the resources brought in by Tetfund in

view of achieving the aims and objectives of Tetfund and education in general.

However, this study tends to investigate on the strategies for managing the

Tetfund intervention among tertiary institutions in Anambra state.

Statement of the Problem

With the federal government interventionist measures, people still complain

about inadequate infrastructure, materials, as well as poor staff development and

researches in Nigerian tertiary institutions. This is exemplified by the view of Eze

(2014) that there is decay in human and material resources in Nigerian tertiary

institutions due to this poor funding. The implication of inadequate funding is that

it results in poor infrastructural facilities, teaching/learning facilities; library,

research, training etc. The questions one could ask are: is TETFund performing

their duties or not? Could the tertiary institutions function well to meet up the

quality/standard expected of them by the society without adequate fund, facilities,

researches and staff development programmes? Moreover, Akpan (2011) opined

that one of the fundamental ways of ensuring the optimum utility of available

resources is through, management culture. Management culture of any institution

speaks much about such an institution. According to Akpan (2011), the general

appearance of institution facilities constitute the basis upon which members of the

public pass their judgments about the academic performance going on in the

institution. The present economic recession being experienced world over has

made it absolute imperative that the gospel of management culture be preached

very loudly in our education industry. It is in view of this that the researcher tends

to investigate on the strategies for managing the Tetfund intervention among

tertiary institutions in Anambra state, a study of federal college of education

(Technical) Umunze.

Purpose of the Study

The purpose of this study is to ascertain the strategies for managing the Tetfund

intervention among tertiary institutions in Anambra state, a study of federal college

of education (Technical) Umunze. Thus, the researcher sought to determine

1. How structures built by Tetfund are being managed by tertiary institutions in

Anambra state.

2. How vehicles donated by Tetfund are being maintained and managed by

tertiary institutions in Anambra state.

3. How teaching aids donated by Tetfund are being maintained and managed

by tertiary institutions in Anambra state.

4. How funds provided by Tetfund for the sponsorship of lecturers for post

graduates studies being managed by tertiary institutions in Anambra state.

5. How laboratory facilities donated by Tetfund are being managed by tertiary

institutions in Anambra state.

Significance of the Study

If the necessary information obtained from this study are properly

implemented and put into consideration, it will be of immense benefit to Tetfund,

tertiary institutions, and the lecturers.

For Tetfund, it will help them to know how their interventions are being

managed by tertiary institution.

For tertiary institution, it will help them to know the better ways to maintain

and manage Tetfund interventions in their institutions.

For the lecturers, it will help them to ascertain how Tetfund contributions to

the lecturers are being managed.

Scope of the Study

The scope of the study is delimited to strategies for managing the Tetfund

intervention among tertiary institutions in Anambra state, a study of federal college

of education (Technical) Umunze.

Research Questions

The following research questions guided the study;

1. How does structures built by Tetfund being managed by tertiary institutions

in Anambra state?

2. How does vehicles donated by Tetfund being maintained and managed by

tertiary institutions in Anambra state?

3. How does teaching aids donated by Tetfund are being maintained and

managed by tertiary institutions in Anambra state?

4. How does funds provided by Tetfund for the sponsorship of lecturers for

post graduates studies being managed by tertiary institutions in Anambra

state?

5. How does laboratory facilities donated by Tetfund being managed by

tertiary institutions in Anambra state?


Recent Project Materials

Abstract migration norms is defined as all policies and laws that govern the movement of people from one cou...
Word(doc) 1-5 46 Read More
Abstract A study on the removal of lead from soil samples in zamfara using modified kaolinite clay was studi...
Word(doc) 1-5 12 Read More
Abstract The study examines the impact of Corona Virus on small and medium scale enterprises in Nigeria. CO...
Word(doc) 1-5 16 Read More
Abstract Weed flora of different management techniques under different cropping systems have been reported b...
Word(doc) 1-5 6 Read More
View More Topics

Browse by Departments