Nigeria secures $611m loan to tackle out of school children
The Nigerian government has secured $611m credit facility to support states with the highest number of out-of-school children, under the Better Education Service Delivery for All BESDA.
The Minister of Education, Adamu Adamu made this known in Kaduna State during a conference of Northern Traditional Rulers on the challenges of out of school children in the Northern Region.
The Minister who was represented by the Executive Secretary of the Universal Basic Education Commission, Dr. Hamid Bobboyi reiterated Federal Government’s commitment to delivering quality education and interventions that will guarantee that the out-of-school challenge is addressed.
The Minister further announced that the outstanding unaccessed FGN/UBE matching grant funds by states totaling N71,292,316,087.84, have been deducted from the amount accruing to states under the Paris Club refunds.
He confirmed that in the coming weeks, UBEC will disburse the sum of N142,584,632,175.68 to support educational development in the States.
He urged prudent utilization of the funds in order to achieve stated purposes.
The 2-day education event holding in Kaduna State is being attended by prominent traditional rulers in the North, representatives of State Governors, heads of religious organisations including His Eminence John Cardinal Onaiyekan, education stakeholders, International Development Partners, among others.
The meeting was declared open by the Governor of Kaduna State, Malam Nasir El-Rufai, represented by Prof. Kabir Mato, Kaduna State Commissioner for Local Government Affairs.
