The Kano State Private and Voluntary Institutions Board (KSPVIB) has announced a suspension of the 10% statutory tax payment for private and voluntary educational institutions in the state. This decision comes in response to ongoing economic challenges faced by these institutions. The suspension aims to alleviate financial burdens on private schools, allowing them to better serve their students and communities. The KSPVIB has emphasized the importance of supporting educational institutions during these tough times. Stakeholders in the education sector have welcomed this move, highlighting its potential positive impact on the quality of education. The suspension is expected to remain in effect until further notice, as the government assesses the economic landscape.
NigeriaNewsFeed summary based on reporting from tribuneonlineng.
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