In the next two years, President Muhammadu Buhari has pledged a 50 percent increase in the educational budget.
The agreement was concluded at the ongoing World Summit on Education in London among Heads of State.
Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a statement titled, ‘President Buhari Commits to Increase Education Budget By 50% In The Next Two Years’.
In a document titled, Heads Of State Call To Action On Education Financing Ahead Of The Global Education Summit,” signed as a form of commitment at the on-going Summit in London, United Kingdom, the President stated, “I join my brother, His Excellency, Uhuru Kenyatta, President of the Republic of Kenya, to affirm our commitment to improve learning outcomes in our respective countries by ensuring equitable access to quality and inclusive education for all our citizens, with particular emphasis on the girl child.
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“We fully endorse the call for more efficient use of resources and to significantly increase investment in education by strengthening institutions, promoting greater adoption of technology, building the capacities of our teachers and mobilizing additional financial resources through legal frameworks and deliberate intervention on a sustainable basis.
“In this regard, we commit to progressively increase our annual domestic education expenditure by 50 per cent over the next two years and up to 100 percent by 2025 beyond the 20 percent global benchmark.”
The summit which is being co-hosted by the Prime Minister of UK Boris Johnson and the President of Kenya Uhuru Kenyatta seeks to give opportunity for leaders to make five-year pledges to support GPE’s work to help transform education systems in up to 90 countries and territories.
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