• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Oyo gets $6 million World Bank education grant

metro by metro
August 16, 2019
in News
0
World Bank
0
SHARES
0
VIEWS

World BankOyo state government is to get a $6 million dollar grant from the World Bank under the Better Education Service Delivery for All (BESDA) programme facilitated by the Universal Basic Education Commission (UBEC).

This was disclosed by the co-coordinator of BESDA, Prof. Gidado Tahir, while on a courtesy visit to Governor Seyi Makinde at the Executive Chamber of the Governor’s Office, Agodi, Secretariat, Ibadan.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

Tahir stated that the purpose of the visit was to interact with the Ministry of Education and the State Education Board better education service delivery for all to ensure that all out-of-school children are catered for.

He said: “This is a programme that is not fully funded by the Federal Government. Because of the Budget constraints, the government had to look for credit from the World Bank and it obtained the sum of 600 million dollars for the purpose of this exercise.”

Tahir explained that the money would be given to 17 states involved in the project as a grant and not loan.

While appealing to the government of Oyo State for commitment and to use the money specifically for the project, the BESDA coordinator noted that a plan had been developed which is satisfactory to all stakeholders, adding that although there would be no interference, there is a need to sharpen the plan and make it successful before the mid-term of the administration.

He further said Ministry of Education has the responsibility to supervise the project and provide the general superintendence to ensure school census.

While answering questions from journalists, Yahaya Ismaila, who represented the Executive Secretary of UBEC, revealed that the focus of the programme is to assist states to put up some strategies to attract the children to school, ensure they stay in school and that they learn.

On the exact amount that Oyo state is to get, Ismaila said, “It’s about $6 million and the initial takeoff as an advance is $3 million, which they are likely to get in the next few days.”

Makinde, who was represented by his Deputy, Mr Rauf Olaniyan, referred to BESDA as a very laudable programme which means a lot to the people and government of Oyo State.

He disclosed that the government has displayed its commitment to education in the state by declaring that not less than 10 percent of its budgetary allocation would go to education, as opposed to what obtained in the past when education used to get about four or five percent.

Chairman of UBEC in Oyo State, Dr Nureni Adeniran, noted the current administration is passionate about ridding the society of out-of-school children who are considered as constituting a menace to the society.

While giving the assurance that Oyo state SUBEB and the Ministry of Education, being major stakeholders in the project, would cooperate and work to ensure the success of the project, Dr. Adeniran assured there would be a huge reduction in the number of out-of-school children by the mid-term of the administration.

Tags: World Bank education grant
Previous Post

Dollar rises on bullish data, euro’s fall

Next Post

Atiku, PDP ask Tribunal to annul Buhari’s re-election

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

Atiku, PDP ask Tribunal to annul Buhari’s re-election

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version