If you're not following @FinPlanKaluAja1 please do so. On financial policy matters, he's stellar. I followed his convos with Tolu Ogunlesi who's been trying to attack the #ObiDattiManifesto plan for education; enlightening.
Here's a summary but 1st, watch this Peter Obi's clip.
Here's a summary but 1st, watch this Peter Obi's clip.
The #ObiDatti023 plan for funding education is to remove many of the road blocks that exist in funding & enlarge the pool of funds that companies can give to fund tertiary education.
Currently, TETFUND collects 2% of revenue to allocate to schools. This is grossly inadequate but
Currently, TETFUND collects 2% of revenue to allocate to schools. This is grossly inadequate but
The Labour Party plan is that in addition to the 2% to TETFUND, companies can directly fund tertiary institutions and claim the monies back as tax credit. Thus, if Okeke, Ojo & Aminu Ltd funds a research project at UNILAG for N5 million, govt deducts N5m from their payable tax.
Of course, there'd be means to verify, monitor and ensure the integrity of these processes, and the advantages include:
1. Greater funding
2. More effective competition & corporate governance among schools
3. More stringent supervision
4. More research
5. More viable graduates
1. Greater funding
2. More effective competition & corporate governance among schools
3. More stringent supervision
4. More research
5. More viable graduates
Companies would be incentivised to support education instead of only advancing support for entertainment.
With more support, tertiary institutions will truly evolve to be what they're meant for: a place where people are moulded to become productive. Even lecturers will see their
With more support, tertiary institutions will truly evolve to be what they're meant for: a place where people are moulded to become productive. Even lecturers will see their
Students as partners, rather than vassals.
I hope Tolu Ogunlesi and his cohorts understand that the battle is not to award the most rancorous voices, but to improve our current systems & create a formidable future for ALL.
On this one, #ObiDattiManifesto is brilliant! 👏🏽👏🏽💯💯
I hope Tolu Ogunlesi and his cohorts understand that the battle is not to award the most rancorous voices, but to improve our current systems & create a formidable future for ALL.
On this one, #ObiDattiManifesto is brilliant! 👏🏽👏🏽💯💯
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