FG spends N1.3tri in education sector, says Minister

May 21st, 2019

By Felix Khanoba

The Federal Government says it expended over N1.3 trillion on various projects in the nation’s education within the last four years.

Minister of Education, Malam Adamu Adamu, who made this known in Abuja on Tuesday, said the whopping sum of money was aside the N25 billion recently approved for public universities in the country.

He told newsmen at a valedictory press briefing to mark his exit from the education ministry that the funding which was mainly on capital expenditure, was made possible despite the economic meltdown that heralded the President Muhammadu Buhari-led administration

“The UBEC interventions in states have recorded N350 billion, while TETFund and NEEDS Assessment interventions have recorded N857 billion with the main ministry and other agencies recording N86 billion, totalling N1.338 trillion in the last four years.

“This is aside from the N25 billion just approved for public universities,” Adamu said.

He explained that the ministry also expended trillions of naira on personnel and overhead cost in the education sector in the last four years, adding that investment in education had surpassed the 26 per cent of national annual budget recommendation of the UNESCO.

“Our aggregate expenditure in the education sector (public and private) therefore exceeds the much touted 26 per cent of our nation national budget. We are poised to do more,” the minister opined.

While saying the Federal Government has rolled out several measures to address the problem of out-of-school children and adult illiteracy in the country, Adamu said if the current momentum is sustained the issue will become a thing of the past in no too distant future.

“If we continue on this path, in the next ten years, Nigeria’s challenges in this twin direction will be confined to the dustbin of history.”

High point of the event, which also witnessed the presence of Minister of State for Education, Prof. Anthony Anwukah and chaired by the Minister of Information and Culture, Lai Mohammed, was the presentation of the various projects, programmes and success stories recorded by the education ministry in the last four years.

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