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PROJECT TOPIC AND MATERIAL ON STRATEGIES FOR MANAGING THE TETFUND INTERVENTION AMONG TERTIARY INSTITUTIONS IN ANAMBRA STATE, A STUDY OF FEDERAL COLLEGE OF EDUCATION (TECHNICAL) UMUNZE.

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  • Name: STRATEGIES FOR MANAGING THE TETFUND INTERVENTION AMONG TERTIARY INSTITUTIONS IN ANAMBRA STATE, A STUDY OF FEDERAL COLLEGE OF EDUCATION (TECHNICAL) UMUNZE.
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  • Length: [53] Pages

CHAPTER ONE

INTRODUCTION
Background of the study:

Education is an indispensable tool for personal and social development. Many countries in the world see education as a good investment for national development because it is expected to produce the required quantity and quality of human resources for the economic growth. Nigeria being fully aware of this desired education as an instrument per excellence in the development of the national economy. This desire has been heightened by the act that the development in of advanced countries such as Britain, America, Germany and France, to mention but a few, is strongly hinged on education (Majasan. 2008). It is not surprising then, that these countries have come to identify education as the magic word that can transform their societies, and hence, committed a lot of human and material resources into the provision of education at all levels and Nigeria is not left out. Fortunately, according to Iwechukwu (2006), the emergence of National Policy of Education is a journey, which began since 1847 with the establishment of British Privy Council on Education. In September 1973, the National Policy on Education came into force by changing the school calendar, which used to run from January to December, to now commence from September to August. In addition, the school system which used to be mainly 6-5-4 (six years of primary school, five years of secondary and four years of tertiary institution education changed to now 6-3-3-4 system. This means 6 years of primary school education, 3 years of junior secondary, 3 years of secondary school and 4 years of tertiary institution education.

Tertiary education is the level of education acquired after secondary education in higher institutions of learning such as Universities, Polytechnics, Colleges of education and other institutions of higher learning offering correspondence courses, diplomas and certificates. Tertiary institutions are also grouped into Public Institutions owned by the Federal and State Government and private Institutions owned by Individuals, Religious bodies and other private organizations, (Famade, Omiyale & Adebola 2015). Ahmed (2011) opined that the challenges confronting tertiary institutions in Nigeria include financing and funding, the growth of private tertiary institutions, management challenges and so on but the challenge dealing the worst deathblow is that of underfunding of tertiary institutions. Nwangwu (2005) stated that the foundation of education is frail when education is not well funded and the products of such foundation are weak intellectuals. When there were just few tertiary institutions, government saddle the burden of funding the institutions solely but from the mid- 1980’s there was a massive increase in the number of tertiary institutions and in students’ enrolment in Nigeria. This increase has gotten to the point where government openly acknowledged that it can no longer saddle the responsibility of funding institutions alone. Thus, the goal of tertiary education has long been identified as the process that helps to develop the whole man physically, mentally, morally and technologically, to enable him/her function effectively in any environment in which they find themselves so that they may become more productive, self-fulfilling and attain self-actualization (Aluede, Aluede & Ufah, 2009). Hence the importance of higher education is to provide quality education for her products so that they can assume leadership positions in their immediate and external communities (FGN, 2014). As a means of providing qualitative and transformed education for her products,
degrees are expected to be awarded to graduands of these higher institutions who may have distinguished themselves, that is, found worthy in character and learning. In achieving the importance and objectives of tertiary education, quality of its inputs and outputs must be ensured and transformed for the best. In realizing quality transformation of tertiary education, the role of TETFUND (Tertiary Education Trust Fund) became crucial. The Tertiary Education Trust Fund (TETFund) was established as an Intervention Agency under the Education Tax Act No.7 of 1993 to take charge of tax fund in providing essential services to tertiary institutions. Tertiary Education Trust Fund Act, 2011 repeals the Education Tax Act which was charged with the responsibility for managing, disbursing and monitoring the education tax to public tertiary institutions in Nigeria by imposing a 2 percent (2%) Education Tax on the assessable profit of all registered companies in Nigeria (Udu and Nkwede, 2014). The mandate of the fund as provided in section 7(1) (a) to (e) of the TETFund Act, 2011 is to administer and disburse the amount in the fund to Federal and State tertiary educational institutions, specifically for the provision and maintenance of the following: 1) Essential physical infrastructure for teaching and learning; 2) Instructional material and equipment; 3) Research and publication; 4) Academic Staff Training and Development; 5) Any other need which, in the opinion of the Board of Trustees, is critical and essential for the improvement of quality and maintenance of standard in the higher educational institutions (http://tetfund.gov.ng, Saturday, February1, 2018). Moreover, Tetfund ensures that funds generated from education tax utilized to improve the quality of education in Nigeria without direct awarding contract by: – Providing funding for educational facilities and infrastructural development.
– Stimulating, supporting and enhancing improvement activities in educational foundation areas like teacher education, teaching practices, library development among others. – Championing new literacy- enhancing areas such as scientific, information and technology literacy. – Promoting creative and innovative approaches to educational learning and services (http://tetfund.gov.ng, Saturday, February1, 2018). Oxford Advance Learner’s dictionary (2006), viewed strategy as a plan of action designed to achieve a long time or overall aim. It also sees manage as being in charge of organization or people, being able to cope or being able to control the use of money or resources. The strategies for managing Tetfund intervention refers to plans for effective management of all the resources brought in by Tetfund in view of achieving the aims and objectives of Tetfund and education in general. However, this study tends to investigate on the strategies for managing the Tetfund intervention among tertiary institutions in Anambra state.

Statement of the Problem With the federal government interventionist measures, people still complain about inadequate infrastructure, materials, as well as poor staff development and researches in Nigerian tertiary institutions. This is exemplified by the view of Eze (2014) that there is decay in human and material resources in Nigerian tertiary institutions due to this poor funding. The implication of inadequate funding is that it results in poor infrastructural facilities, teaching/learning facilities; library, research, training etc. The questions one could ask are: is TETFund performing their duties or not? Could the tertiary institutions function well to meet up the quality/standard expected of them by the society without adequate fund, facilities, researches and staff development programmes? Moreover, Akpan (2011) opined
that one of the fundamental ways of ensuring the optimum utility of available resources is through, management culture. Management culture of any institution speaks much about such an institution. According to Akpan (2011), the general appearance of institution facilities constitute the basis upon which members of the public pass their judgments about the academic performance going on in the institution. The present economic recession being experienced world over has made it absolute imperative that the gospel of management culture be preached very loudly in our education industry. It is in view of this that the researcher tends to investigate on the strategies for managing the Tetfund intervention among tertiary institutions in Anambra state, a study of federal college of education (Technical) Umunze.

Purpose of the Study The purpose of this study is to ascertain the strategies for managing the Tetfund intervention among tertiary institutions in Anambra state, a study of federal college of education (Technical) Umunze. Thus, the researcher sought to determine 1. How structures built by Tetfund are being managed by tertiary institutions in Anambra state. 2. How vehicles donated by Tetfund are being maintained and managed by tertiary institutions in Anambra state. 3. How teaching aids donated by Tetfund are being maintained and managed by tertiary institutions in Anambra state. 4. How funds provided by Tetfund for the sponsorship of lecturers for post graduates studies being managed by tertiary institutions in Anambra state. 5. How laboratory facilities donated by Tetfund are being managed by tertiary institutions in Anambra state.

Significance of the Study If the necessary information obtained from this study are properly implemented and put into consideration, it will be of immense benefit to Tetfund, tertiary institutions, and the lecturers. For Tetfund, it will help them to know how their interventions are being managed by tertiary institution. For tertiary institution, it will help them to know the better ways to maintain and manage Tetfund interventions in their institutions. For the lecturers, it will help them to ascertain how Tetfund contributions to the lecturers are being managed.

Scope of the Study The scope of the study is delimited to strategies for managing the Tetfund intervention among tertiary institutions in Anambra state, a study of federal college of education (Technical) Umunze. Research Questions The following research questions guided the study; 1. How does structures built by Tetfund being managed by tertiary institutions in Anambra state? 2. How does vehicles donated by Tetfund being maintained and managed by tertiary institutions in Anambra state? 3. How does teaching aids donated by Tetfund are being maintained and managed by tertiary institutions in Anambra state? 4. How does funds provided by Tetfund for the sponsorship of lecturers for post graduates studies being managed by tertiary institutions in Anambra state?
5. How does laboratory facilities donated by Tetfund being managed by tertiary institutions in Anambra state?

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