The Senate has summoned the Executive Secretary of the Education Tax Fund, Suleiman Elias Bogoro, over the alleged misappropriation of N1 trillion by the agency.
The Senate’s decision was sequel to a motion sponsored by Senator Abdullahi Aliyu, who informed the Senate that about N200 billion of the education tax collected between 2012 and 2013 were diverted to other unknown and unspecified uses not recognised in or permitted under the Act.
Aliyu said the board of the agency granted a loan to the Federal Ministry of Education and also organized workshop and pre-retreat without a recourse to guidelines of the Act.
He noted that the moneys for the Education Trust Fund are generated from education tax that are utilized to improve the quality of education in the country.
Senator Aliyu said: “A whopping sum of about N500 million was budgeted for advertising and media in the 2015 budget, which contravene the Rehabilitation, Restoration and Consolidation of tertiary education in Nigeria in Accordance with section 3(1) of the Tertiary Education Trust Fund.”
He added that after spending nearly N1 trillion between 2011 and 2015 by Tetfund, still the state of infrastructure in our tertiary institutions is still very shabby, dilapidated and mostly run down.
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