ABUJA — The World Bank has set aside $500 million as grant to fund basic education in five states of the federation.
Helen Okoro, the Information Officer, Universal Basic Education Commission, UBEC, who disclosed this in Abuja, yesterday, said the grant would run for five years.
The five states include Jigawa, Kano, Kaduna, Katsina and Sokoto.
Okoro, in a statement credited Olatunde Adekola, Head, World Bank International Reconstruction and Development team, explained that the fund was for the Global Partnership for Education, GPE, established to improve access to quality education in the benefitting states.
“Five hundred million dollars has been set aside as Global Partnership for Education, GPE/Nigerian Partnership for Education Project, NIPEP, to fund education in the five beneficiary states of Jigawa, Kano, Kaduna, Katsina and Sokoto,” she said.
Okoro said Adekola commended the Federal Government for the NIPEP project, adding that it was the first time government was focusing on strategies aimed at moving the basic education sub-sector forward.
She said the $2.5 billion credit that the Federal Government requested from the World Bank to finance the 2016 budget could only be released after fulfilling certain conditions.
Okoro also quoted Hamid Bobboyi, Executive Secretary of UBEC, as assuring the team of the agency’s commitment to reposition basic education delivery in Nigeria.
Source:http://www.vanguardngr.com/2016/09/world-bank-earmarks-500m-basic-education-nigeria/
Helen Okoro, the Information Officer, Universal Basic Education Commission, UBEC, who disclosed this in Abuja, yesterday, said the grant would run for five years.
The five states include Jigawa, Kano, Kaduna, Katsina and Sokoto.
Okoro, in a statement credited Olatunde Adekola, Head, World Bank International Reconstruction and Development team, explained that the fund was for the Global Partnership for Education, GPE, established to improve access to quality education in the benefitting states.
“Five hundred million dollars has been set aside as Global Partnership for Education, GPE/Nigerian Partnership for Education Project, NIPEP, to fund education in the five beneficiary states of Jigawa, Kano, Kaduna, Katsina and Sokoto,” she said.
Okoro said Adekola commended the Federal Government for the NIPEP project, adding that it was the first time government was focusing on strategies aimed at moving the basic education sub-sector forward.
She said the $2.5 billion credit that the Federal Government requested from the World Bank to finance the 2016 budget could only be released after fulfilling certain conditions.
Okoro also quoted Hamid Bobboyi, Executive Secretary of UBEC, as assuring the team of the agency’s commitment to reposition basic education delivery in Nigeria.
Source:http://www.vanguardngr.com/2016/09/world-bank-earmarks-500m-basic-education-nigeria/
World Bank earmarks $500m for basic education in Nigeria
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September 08, 2016
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