President Muhammadu Buhari has pledged to increase the budget for the education sector by as much as 50 percent over the next two years.
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 on-going Summit in London, United Kingdom, the President stated:
“We commit to progressively increase our annual domestic education expenditure by 50% over the next two years and up to 100% by 2025 beyond the 20% global benchmark.”
The Summit which is being co-hosted by the Prime Minister of UK Boris Johnson and the President of Kenya Uhuru Kenyatta seeks to give opportunity for leaders to make 5-year pledges to support GPE’s work to help transform education systems in up to 90 countries and territories.