Established in 1971, the Industrial Training Fund has operated consistently and painstakingly within the context of its enabling laws, i.e. Decree 47 of 1971. The objective for which the Fund was established has been pursued vigorously and efficaciously. In the three decades of its existence, the ITF has not only raised training consciousness in the economy, but has also helped in generating a corps of skilled indigenous manpower which has been manning and managing various sectors of the national economy.