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Education Fund fraud

    ABIDJAN

    The Nigerian Senate will investigate the disappearance of at least 40 billion naira (US $400 million) from the Nigeria's education tax fund, AFP reported, quoting the chairman of the Senate Committee on Education. The fund was introduced in 1993 to raise money for education. It requires companies to contribute a percentage of their profits to the effort.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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