ASSESSMENT OF TERTIARY EDUCATION TRUST FUND INTERVENTION (TETFUND) IN KWARA STATE POLYTECHNIC ILORIN, NIGERIA

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ASSESSMENT OF TERTIARY EDUCATION TRUST FUND INTERVENTION (TETFUND) IN KWARA STATE POLYTECHNIC ILORIN, NIGERIA

1Amin Amin, Babaita Tunde Abdulkareem2,  Olowookere Abdulrazaq Olayinka3 & Abioye Wasiu Olatunji4

1Department of Politics and Governance, Kwara State University Malete

2Department of Public Administration, Kwara State Polytechnic, Ilorin

3Department of Public Administration, Kwara State Polytechnic, Ilorin

4Department of Political Science, University of Ilorin

ABSTRACT

The paper traced the historical background of Kwara State Polytechnic Ilorin. It examined the source of tetfund funding, impact and challenges of Tetfund in Kwara State Polytechnic Iilorin. The study relied on both primary and secondary data. Management by Objectives (MBO) propounded by Peter F. Drucker was adopted. Finding from the paper showed that Tetfund receive her running cost only through taxes. The 3% out of company’s profit across the country goes to Tetfund through the Federal Inland Revenue. Project intervention, staff training and development intervention and library intervention were the activities executed in Kwara State Polytechnic. Tetfund is confronted with the strategy of lowest bidder and withdrawal of State Government from her responsibilities in educational sector. The paper recommended that tetfund should intensify effort on monitoring and evaluation, there should be more focus on staff training and development and strategy of lowest bidder should be avoided.

Key words: Education, Intervention, Institution, Tax Number of Words134