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ARTICLE · 16 FEBRUARY 2016

Private Educational Institutions: Why Are They Not Taxable?

Perhaps, what is required in Nigeria is categorization of the educational institutions into proprietary educational institutions and not-for-profit educational institutions.

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Perhaps, what is required in Nigeria is categorization of the educational institutions into proprietary educational institutions and not-for-profit educational institutions. The proprietary may be allowed to charge higher fees and be subjected to tax as appropriate while the not-for-profit institutions continue to operate charging reasonable tuition fees and enjoying full tax exemption

"Ask me my three main priorities for government and I tell you education, education, and education". This was Rt Hon. Tony Blair of United Kingdom in October 1996. As far as Nigeria is concerned, the level of infrastructural deficit has made education just one of the critical priorities. There are three other priorities in power, housing and transport in no particular order of importance. For instance, Nigeria has an estimated $300 billion infrastructure gap which the current government needs to finance.

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