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Education summit: Buhari signs global agreement to 50% increase funding for education in two years

President Muhammadu Buhari has joined other leaders to sign a commitment that will see nations increase the funding for the Education sector by 50 per cent in the next two years.

Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, who disclosed this in a statement, said the new agreement will see Nigeria steadily increasing investment in the sector up to 100 per cent by 2025.

According to him, a document titled: Heads of State Call to Action on Education Financing was signed as a form of commitment by global leaders at the ongoing summit in London, United Kingdom.

The statement quoted President Buhari as declaring that the new agreement is aimed at improving learning outcomes through strengthened educational institutions, encouraging better teaching capacity, among other means.“

President-Muhammadu-Buhari

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.

“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 per cent by 2025 beyond the 20 per cent global benchmark.

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“Let us, therefore, raise our hands in solidarity to build a more secure and prosperous future for our children,” President Buhari said.

The President is attending the Global Education Summit on Financing Global Partnership for Education (GPE) 2021-2025 in London, the United Kingdom.

The summit, which is being co-hosted by the Prime Minister of the UK, Mr. Boris Johnson and Kenyan President Uhuru Kenyatta, seeks to give opportunities for leaders to make five-year pledges to support GPE’s work to transform education systems in up to 90 countries and territories. (The Nation)

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