The Universal Basic Education Commission, UBEC, has disclosed that it will soon disburse N142.6 billion to states and the Federal Capital Territory, FCT, to ensure the provision of the needed facilities in public primary and junior secondary schools in the country.
The Executive Secretary of UBEC, Hamid Bobboyi, who made this known in a press briefing Thursday in Abuja, said the federal government has concluded plans to deduct N71.3 billion of Paris Fund in boosting basic education in the country.
He stated that 50 per cent of the said N71.3 billion was deducted by the federal government from the Paris Club Refund accruing to states and the other 50 per cent as the marching grant from UBEC.
READ ALSO: Senate approves establishment of 4 polytechnics, CoE, University of technology
He said: “By the next three, four months or at most five months, we will have no un-accessed funds in UBEC. Why am I making the promise? I am making it because the federal government found it (un-accessed fund) inappropriate and discussed it with the states and deducted from the Paris Club refund the entire amount owed by the states up to 31 of August 2017.
“The federal government will credit the account of UBEC with about N71.3 billion, which is the amount that is there. We are going to add the marching grant and so in the next few months, the states are going to get 142.6 billion,” Mr Bobboyi said.
Speaking further, the UBEC boss said the Commission has successfully conducted a head count of teachers and pupils in primary and secondary schools across the country, adding that the result will be formally announced by February 28, 2019.
READ ALSO: Kano has over 1.3m out-of-school children – Commissioner
While calling for concerted efforts to address the problem of out-of-school children in Nigeria, Bobboyi said the Commission was leaving no stone unturned to mobilise resources and churn out policies to reposition the basic education sub-sector.
