On October 10, 2012, President Goodluck Jonathan presented the 2013 budget proposal to a joint session of the National Assembly. A total sum of N426.53 billion was proposed as allocation to the education sector.
This is 8.7percent of the budget but only a small portion of it; a mere N60 billion (14 percent) is for capital projects as the rest is for overhead. What this means is that Nigeria is so far away from meeting the UNESCO recommendation of 26 percent.
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