The JTB, in a letter dated July 2, 2013, which was also copied to the institution’s Vice Chancellor, Prof. Oladipo Aina, said the new tax regime was consequent upon the Personal Income Tax (Amendment) 2011, which was signed into law by President Goodluck Jonathan
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The JTB, in a letter dated July 2, 2013, which was also copied to the institution’s Vice Chancellor, Prof. Oladipo Aina, said the new tax regime was consequent upon the Personal Income Tax (Amendment) 2011, which was signed into law by President Goodluck Jonathan
“The University generates over N400 million monthly out of which the sum of N380 million goes to salaries but only N210 million is released monthly by government as subvention
Fayemi, who is the Visitor to the institution, had earlier in the week advised the authorities of the university to allow the students pay their school fees in installments in view of the economic situation in the country
Fayemi, who is also the Visitor to the institution, gave the advice after a series of meetings he had with the representatives of the students, the Parents Forum and the authorities of the institution