FG to spend N145bn on safe schools -minister

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Abuja, Dec. 23. 2022 – The Federal Government is to spend N144.8 billion on a National Plan on Financing Safe Schools between 2023 and 2026.

 Dr Zainab Ahmed, the Minister of Finance, said this in Abuja on Thursday at the inauguration of the scheme.

She said that the plan was to achieve measurable development outcomes likes reduction in number of out-of-school children and improvement in Nigeria’s rating in the Human Capital Index in the long run.

She said that the Federal Government aimed to grow Nigeria’s Gross Domestic Product (GDP) to $12 trillion by 2050 with an average  annual real GDP growth rate of seven  per cent.

Ahmed said this objective had been captured in Nigeria’s Development Agenda (Agenda 2050) currently being finalised for launch by her ministry.

“I am pleased to inform you that our development agenda, “Agenda 2050”, is being finalised for launch.

“The development plan focuses on achieving inclusive growth through the implementation of the long-term economic transformation blueprint aimed at mitigating our current developmental challenges and attaining the upper middle-income country status with an average real GDP growth rate of seven per cent, a GDP of about $12 trillion by 2050 and an end period per capita income of $33,000 per annum.

“These lofty targets can only be actualised if all critical stakeholders collaboratively create safer teaching and learning environments across Nigeria via critical intervention investments as captured in the validated cost plans of action,” she said.

Ahmed sought for financial support from state governments, agencies, the private sector, and development partners in implementing the National Plan on Financing Safe Schools 2023-2026.  (GBN)

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