Senior Special Assistant to the President on Students Engagement, Hon. Sunday Asefon, has described as unprecedented the allocation of N3.5 trillion for education by President Bola Ahmed Tinubu in the 2025 budget proposal presented to the National Assembly on Wednesday.
Asefon in a statement in Abuja, said the allocation to the education sector was the highest in Nigeria’s history.
President Tinubu while presenting the budget proposal to the joint session of the National Assembly, announced the allocation of N3.52 trillion to education, the highest after defence and security, which has lion’s share of the budget at N4.91 trillion, followed by infrastructure, N4.06 trillion.
He highlighted the importance of human capital development, saying people are the greatest resource, which is why the government is making record investments in education, healthcare, and social services.
He disclosed that his administration has so far disbursed N34 billion to over 300,000 students via the Nigeria Education Loan Fund (NELFUND).
“In the 2025 Budget, we have made provision for 826.90 billion naira for infrastructure development in the educational sector. This provision also includes those for the Universal Basic Education (UBEC) and the nine new higher educational institutions,” the President said.
Ason in the statement, said the remarkable commitment underscores the President’s belief that education is the best legacy to empower the youth.
“With this landmark investment, affordable and quality education at all levels is now within reach, bringing renewed hope to students and families nationwide.
“Truly, this is a transformative step towards building a brighter future for Nigeria. Thank you, Mr. President, for prioritising the education sector,” he stated.
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