FG says Basic education will get 3% from consolidated revenue fund

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Minister of Education, Malam Adamu Adamu

The Federal Government has revealed that it has proposed legislation to increase funding from the consolidated revenue fund to Nigeria’s basic education sector.

Minister of Education, Malam Adamu Adamu, who made this known at a meeting of Universal Basic Education Commission (UBEC) Management in Edo State, explained that the move would see an increase from the current two percent to three percent of statutory allocation from the consolidated revenue fund to the basic education.

The Minister stressed that one percent would be invested in the senior secondary education segment.

Represented by Dr. Folake Olatunji-David, the Director, Basic Education, Federal Ministry of Education, the minister noted that President Muhammadu Buhari’s 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 administration is committed to ensuring that these interventions have long-lasting dividends towards the empowerment and enlightenment of the Nigerian child,” he said.