President Muhammadu Buhari has pledged to increase the budget for the education sector by as much as 50 per cent over the next two years.
In the long term, he promised that budgetary allocation to the sector would witness a progressive increase to about 100 per cent in the next four years.
The President made the commitment 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 ongoing summit in London, United Kingdom.
President Buhari departed Nigeria for the United Kingdom on Monday to participate in the summit being co-hosted by the Prime Minister of the United Kingdom, Boris Johnson, and the President of Kenya, Uhuru Kenyatta.
The event is bringing together Heads of State and Government, as well as stakeholders and youth leaders, and it will provide a platform for partners to chart a way forward towards transforming education systems in partner countries, through the exchange of best practices.
It will also offer the 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.