House of Reps Intervenes in N123.48bn Education Tax Deduction Dispute Between NRS and TETFund

The House of Representatives Public Accounts Committee (PAC) has intervened in a dispute between the Nigeria Revenue Service (NRS) and the Tertiary Education Trust Fund (TETFund) over the deduction of N123.48bn in education tax. According to Tribune Online, the hearing resumed on Friday, November 11, 2026, with both parties presenting their cases. The NRS and TETFund have been at odds over the deduction, which has raised concerns about the proper management of funds allocated for education. The exact timeline for when the deduction began is unclear, as neither the NRS nor TETFund has provided specific information on this matter. This dispute comes at a time when the education sector in Nigeria is facing numerous challenges, including inadequate funding and poor infrastructure. The outcome of the hearing could have significant implications for the future of education financing in Nigeria. It is crucial for the House of Representatives to ensure a fair resolution to this dispute to safeguard the future of education in the country.