VMT News Ltd
No 1 News Site in Nigeria

Cut cost of governance, invest more on education, group urges FG

100

Cut cost of governance, invest more on education, group urges FG

A group on the platform of the Plateau chapter of Civil Society Action Coalition on Education for All (CSACEFA), has advised the federal and states governments to cut down cost of governance and channel more resources in improving the standard of education in the country.

Mr Duke Ogbureke, the National Moderator of the Coalition, gave the advice at a press conference in Jos in commemoration of the 2023 Global Action Week for Education (GAWE).

He decried the age-long predicament bedeviling Nigeria educational sector and blamed it on weak political will by successive administrations to adequately finance the sector.

“GAWE 2023 insists that governments and the international community must prioritise global action on tax loopholes, agreement on a global asset register, the reduction of illicit financial flows, unfair trade taxation, action on tax havens and promoting a process for setting fair global tax rules.

“Establish specific goals with respect to the percentage of educational investment going to the 40 per cent and 20 per cent of families with lowest income to those living in rural or distant areas, children with disabilities or vulnerable.

“Increase the proportion of such aid going to education to from per cent to 20 per cent of total Official Development Assistance (ODA) and allocate such to the countries where the need is greatest.

“Support action on debt relief, restructuring, and in some cases, cancelation for any countries spending more on debt servicing than education,” he said.

Read Also: Zulum probes hospital staff for allegedly rejecting accident…

The moderator said that with the removal of fuel subsidy, the large chunck of resources preserved should be channelled toward providing a better and qualitative education.

He maintained that countries must finance education and must do so using the maximum available resources, which include current internal and external sources.

He added that the resources that could be potentially mobilised through progressive tax reform and other reforms should be properly harnessed.

“We urge the International Monetary Fund (IMF) the World Bank and other international financial institutions to remove existing austerity measures, recommendations and obstacles such as public sector wage constraints that discourage increase spending on teachers’ salary”, the moderator advised.

Cut cost of governance, invest more on education, group urges FG

Support Voice Media Trust journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country, we ask you to consider making a modest support to this noble endeavour.

By contributing to Voice Media Trust, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate into:

Dollar Account:

  • A/C NO: 3003093745
    A/C NAME: VOICE MEDIA TRUST LTD
    BANK: UNITED BANK FOR AFRICA

Naira Account:

  • A/C NO: 1023717841
    A/C NAME: VOICE  MEDIA TRUST LTD
    BANK: UNITED BANK FOR AFRICA

Leave a Reply