🔔Nigeria Moves To Increase UBEC Consolidated Revenue Fund From 2% to 3 %

FG to increase basic education’s funding to 3% of consolidated revenue fund

The Federal Government says it has proposed a legislation to increase funding from the consolidated revenue fund to the nation’s basic education sector.

David E. Apeh, Head, Public Relations /Protocol of
UBEC in a statement said the Minister of Education, Malam Adamu Adamu, noted the move would see an increase from the current 2 percent to 3 percent of statutory allocation from the consolidated revenue fund to the basic education, with further 1 percent to be invested in the senior secondary education segment.

The minister made this known at a meeting of Universal Basic Education Commission (UBEC) Management with the Executive Chairmen of State Universal Basic Education Boards (SUBEBs) held on Tuesday in Benin, Edo State.

Represented by the Director, Basic Education, Federal Ministry of Education, Dr. Folake Olatunji-David, the minister said
the present administration is also fully committed to bridging the national skills gap by supporting institutions and establishing new ones to accelerate the production of trained manpower for the different sectors of the national economy.

“The Buhari’s administration is committed to ensure that these interventions have long lasting dividends towards the empowerment and enlightenment of the Nigerian child,” he said.

The minister expressed hope that resolutions reached at the meeting would enhance education of the Nigerian child, whose success and progress underpins the overall progress of the nation and serve as hope for the future generations.

Adamu also called on SUBEBs’ Executive Chairmen, who are the direct supervisors of basic education implementation, to work in synergy with the Minister of State for Education, private proprietors and other non-state actors /non- governmental organisations to create the enabling environment for enhanced quality teaching and learning in schools.

On his part, the Executive Secretary of UBEC, Dr. Hamid Bobboyi, said the Commission is working hard to ensure equitable and quality basic education for all children of school age and would not relent in its efforts.

He explained that the success of any system of education is hinged on proper planning and effective implementation.

“This is what UBEC and SUBEB are striving to achieve through their partnership,” he said.

Recall that the meeting of UBEC Management with the Executive Chairmen of SUBEBs has over the years helped in bringing together stakeholders to discuss basic education Implementation in Nigeria, assess progress being made, the challenges and proffer solutions.