Funding education: A case of no money or no interest?, By Olabisi Deji-Folutile

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When American billionaire and businessman, Bill Gates, criticised the Nigerian government’s Economic Recovery & Growth Plan for “prioritising physical capital over human capital” during his visit to the country in 2018, his comments were taken with a pinch of salt. Gates had faulted the Federal Government’s decision to anchor Nigeria’s long term economic growth on […]

of total government resources on basic education programmes in 2018/19. Overall, the country spends more than 20 per cent of its resources on basic and higher education and its combined education spending is more than 6 per cent of its Gross Domestic Product .

This is how it works. The Universal Basic Education Commission provides a sum of N500million to each state per annum to improve infrastructure at the basic education level. But, to access this fund, states are expected to provide a counterpart funding of N500million. According to its Executive Secretary, Dr Hamid Bobboyi, only 30 states and the FCT implemented the 2018 .For 2019, only eight states implemented the matching grants projects, 28 states and FCT are yet to implement. In 2020, no state implemented the matching grants projects. As we speak Ogun State is yet to access its 2018 allocations. Likewise, Niger, Enugu, Anambra, Ebonyi, Imo and Edo states are yet to provide matching grants for 2019.

UNICEF worked hard towards mopping out over 500,000 out-of school children in four northern states namely Katsina, Kebbi, Sokoto and Zamfara states in its 2020 Educate a Child programme.

 

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