People have been asking what the Federal Government is doing with funds recovered from recent anti-corruption efforts. Well President Buhari appears to be answering back.
Speaking at the convocation ceremony of the University of Abuja recently, the Chief Architect of Nigeria’s Next Level effort announced that he has made a massive injection of government funds into the public university sector.
The figure he announced is N208 Billion (almost $1 billion).
Buhari said:
“There is no doubt that Nigeria will be a global player in the emerging knowledge economy. What is required is to ensure the quality of our human capital and also maintain the desirable balance for sustainable national socio-economic growth and development.
“The present administration will continue to improve on the infrastructural facilities in the universities, promote teacher development and curriculum review.
“It is in furtherance of this that I recently approved the disbursement of N208billion to public tertiary institutions under the 2019 intervention of the TETFUND.
“The government will continue to look into the issues raised by the universities especially regarding physical development and will equally monitor the universities closely. I also seize this opportunity to reiterate the commitment of the Federal Government to addressing youth unemployment.”
If President Buhari is not betrayed by public officials, this money should improve many things in our education sector.
We call on President Buhari to make more strategic and all-inclusive funds injection in other sectors in ways that will give much needed lifeline to the masses. The masses have really suffered since the global price of crude oil began its slump.
But there was still nothing to show for it.
We only heard the figure on TV and news papers