Academic Staff Union of Universities, ASUU, has appealed to the Federal government to shelve the idea of abolishing the Tertiary Education Trust Fund, TETFund.
The Owerri Zone of the union, comprising five universities in Anambra, Abia and Imo states, said scrapping TETFund will give private universities the room to thrive more than public universities.
Addressing reporters yesterday at the ASUU Secretariat of the Nnamdi Azikiwe University, Awka, the ASUU Coordinator, Owerri Zone, Professor Dennis Aribodor, said the union will discuss with the National Assembly on the issue.
He said the consequence of the new tax system is that from 2030, all funds generated from the Development Levy would be passed to NELFUND.
Professor Dennis Aribodor noted that the development is not only worrisome but also inimical to the national development objective because of the potential danger it has to the survival of TETFund.