I Have Invested Over N1tn On Education – Buhari
9 months ago festus dada 0
President Muhammadu Buhari has disclosed that his administration has invested about N1.3trn towards the development of the education sector between 2015 to 2019.
According to him, the amount excludes funds spent on overhead and personnel.
His Special Adviser on Media and Publicity Mr Femi Adesina made this known in a statement in Abuja on Thursday.
According to Adesina, Buhari made the revelation at the inauguration of the postgraduate centre of excellence at the Ahmadu Bello University, Zaria, Kaduna State. The centre which is sited at the Samaru campus of the institution was built by the Central Bank of Nigeria.
The statement said, ‘‘By this exercise, we are building on the vision of the founder of this great institution, Late and great Sir Ahmadu Bello, the Sardauna of Sokoto, who, as Premier of Northern Nigeria, established this institution almost six decades ago.
While praising some of the innovations of ABU, he said, ‘‘It is on record that this University has made giant contributions towards the development of our nation and we remain grateful to the Founder of this vision
Buhari also promised that his APC-led administration would continue to place a premium on education at all levels.
He said, ‘‘It is no longer a secret that the state of facilities in our universities and other institutions of higher learning has not kept pace with the requirements of the ever-growing population of students and other stakeholders or with modern methods of learning.
‘‘This has largely been due to the perennial funding challenge over the years. As an administration, we are committed and determined to continue to fund our vital institutions, even in the face of limited financial resources.
‘‘Let me reiterate here that this administration places much premium on education at all levels, as it is the bedrock of society’s progress, and the way to overcome poverty,’’ he said.
Pointing out the importance of quality education, he stated, ‘‘The wealth of nations today is being shaped by investment in education rather than an emphasis on mineral resources.
He said an investment in education “is a critical factor in driving innovation, technological advancements and employment opportunities in advanced economies.”