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FG unveils N7.4bn Lagos Basic Education funds tracked in three years

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The Federal Government has unveiled a report on tracking the Basic Education funds expenditure in Lagos State within the last three years, which was carried out by a non-governmental organisation Human Development Initiatives.

At the launching of the report at the Basic Education National Stakeholders Dialogue organised by HDI on Tuesday in Abuja, the Director of Basic Education, Mrs Folake Olatunji, representing the Permanent Secretary, Federal Ministry of Education, Mr Andrew Adejo, said the Federal Government is determined to support schemes aimed at boosting the nation’s basic education sector.

While lamenting the poor ranking of Nigeria in the Human Development Index, Olatunji said the country needs to do more in basic education to achieve the desired position.“Nigeria’s HDI score (0.539) which is poor compared to many countries in Sub-Saharan Africa, indicates challenges in access to quality education and educational opportunities.

” To improve the HDI score, Nigeria needs to focus on increasing access to education, reducing dropout rates, and enhancing the overall quality of education provided,” Olatunji said.

She commended HDI for embarking on the project and said the Federal Government remains committed to ensuring basic education for all.

“The Federal Government provides support to basic education (in states) through fiscal transfers to the states from the UBE Intervention Fund managed by UBEC. The UBE Intervention Fund receives at least two per cent guaranteed of the Consolidated Revenue Fund (total federal government revenue).

“The most recent Ministerial Strategic Plan 2019 2022 being currently reviewed focuses on addressing system challenges, entrenching strategic planning, and ensuring results-oriented implementation at the national and state levels.

”Let us all, therefore, stand united in our partnership and work together to create a brighter future for our children,” She said.

On her part, the Executive Director, HDI Nigeria, Mrs Olufunso Owasanoye, said the organisation tracked 2018, 2019 and 2020 Lagos State Universal Basic Education Board action plans and codified the findings into a single report.

According to the report, over N7.4 billion in basic education funds allocated to various projects in Lagos were tracked in the three years, with 2018 accounting for N2.95 billion, 2019 – N3.03 billion and 2020-N1.43 billion.“This report which is titled: ‘Tracking Basic Education Funds in Lagos State: Blessings and Lessons’, is a chronicle of HDI’s activities, interventions, successes and challenges in the Basic Education sub-sector in Lagos over the past seven years,” Owasanoye said.