Tag: revenue deductios
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President Tinubu Revokes 40% Revenue Deduction Policy for Nigerian Federal Universities

By Abu Faisal Nigerian President Bola Tinubu has rescinded the controversial policy that proposed a 40% deduction of internally generated revenues from federal universities across the nation. The announcement was made by the Minister of Education, Tahir Mamman, who represented the President at the 75th Founder’s Day ceremony of the University of Ibadan on Friday.…