N142.58B RELEASED BY UBEC TO NIGERIAN STATE.
N142.58B, released by The Universal Basic Education Commission, UBEC to Nigerian state in support of educational growth in Nigerian states,.
Minister of Education Malam Adamu Adamu said yesterday.
Adamu spoke in Kaduna at the opening of a two-day Northern Nigeria Traditional Leaders’ Conference on Out-of-School Children.
The conference was; organised by Federal Ministry of Education and Universal Basic Education Commission
National Commission for Mass Education and Sultan Foundation for Peace and Development, in collaboration with United Nations Children’s Fund (UNICEF).
He said, ;The World Bank had between 2016 and now issued $611 million credit facility.
To support states with higher number of out-of-school children.
“The Federal Government has deducted N71.292 billion from Paris Club Refund,.It is as result of outstanding UBEC debt owed by states as at August 2018.
“Such financial support to state through UBEC and Tertiary Education Trust Fund and other initiatives would be sustained,” he said.
Adamu called on relevant stakeholders to join hands in tackling the root causes of out-of-school children.
“We must provide our children with the needed knowledge; and skills to realise their potentials and contribute to the development of our dear nation,” he added.
The minister thanked the northern traditional leaders and relevant stakeholders for coming together to express collective commitment to addressing the phenomenon of out-of-school children.