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Oyo to Access Over N2Billion Education Funds

Oyo State Government has revealed plans to access the sum of Two Billion, seven hundred and twenty four million, five hundred and sixteen thousand, three hundred and seventy three Naira, seventy kobo (N2,724,516,373.70) outstanding funds from Universal Basic Education Board, UBEC, adding that this will help the Governor-Seyi Makinde led administration’s effort at better education delivery in the State.

Chairman, Oyo State Universal Basic Education Board, OyoSUBEB, Dr. Nureni Adeniran, made this known during an advocacy visit by a team from Universal Basic Education Board

“Government will ensure that Oyo State Universal Basic Education Board benefits from every unassessed fund at UBEC”. Stating further that if accessed, the funds would be channeled into the development of education in the State, thereby encouraging enrollment in public schools across the state.

Lamenting the increasing number of such children, Dr. Adeniran promised that the State Government through the Board would involve all stakeholders, such as traditional rulers, parents and educationists to ensure an aggressive enrollment of these children in public schools.

He further harped on Oyo State Government’s resolve to contribute its quota on promoting equitable and quality basic education in the State, and by extension in Nigeria.

Oyo state Government has an unaccessed Matching grant of N2,087,929,865.42 between 2005-2018, while the Special Needs Education grant, of  N83, 128,293.98 budgeted within 2005-2019 is also pending. Likewise the State Government is expected to access an outstanding Teachers’ Professional Development fund of  N553, 458, 211.30 allocated between year 2009-2018.

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