Federal Government, FG, yesterday said it had obtained a $17 million loan from the World Bank to support adolescent education across the country.
The Minister of Education, Prof. Tahir Mamman, disclosed this on the sideline of the just concluded Nigerian Economic Summit (NES).
The minister explained that the money would be used to build 20,000 classrooms across the country and employ over 950,000 teachers across the country.
He also explained that the Universal Basic Education Commission (UBEC) would be mobilised massively in the project.
Also speaking on the support, the representative of the Ministry of Humanitarian Affairs, Hajia Sanusi
said that over 70 million children are deprived of education, while over 21 million are not registered at birth.
To arrest this ugly trend, Sanusi said, the Federal Government has initiated some programmes to lift the condition of the child.
These include a social safety-net and a conditional cash transfer to enhance the living standard of the child.
It will be recalled that President Bola Tinubu last week inaugurated an extensive conditional cash transfer programme, targeting an immense 15 million households across the nation as part of the 8-point agenda of his administration.
Each eligible household is slated to receive N75,000 within a three-month timeframe as part of the programme, which was formally unveiled on the International Day for the Eradication of Poverty.