What you should know and do about the Industrial Training Fund (Amendment) Act 2011

The Industrial Training Fund Act (ITFA) came into effect on 8 October 1971. The purpose of the Act was to establish a Fund – The Industrial Training Fund (ITF) - to be utilized to promote and encourage the acquisition of skills in industry or commerce in Nigeria with a view to generating a pool of indigenous trained manpower sufficient to meet the needs of the economy.

The Council established under the Act is required to provide or secure the provision of training for persons employed or intending to be employed in industry or commerce as may be required; approve such courses and facilities provided by other persons; consider the employment in industry or commerce as appears to require special consideration and publish recommendations with regard to the nature and length of the training for any such employment and the further education to be associated with the training. In addition the Council is required to carry on or assist other persons in carrying on research into any matter relating to training for employment in industry or commerce.