States yet to access N41bn UBE funds — Source

Whatapp News



Abuja – The failure of state governments to pay their counterpart funds has resulted in their not accessing funds for Universal Basic Education (UBE), a source said.

A competent source at Universal Basic Education Commission made the fact known to the News Agency of Nigeria (NAN) in Abuja on Monday.

The source, who pleaded anonymity, said that at the end of 2014, the states could not access N41 billion UBE funds from the commission because they refused to pay their contributions.

NAN recalls that the payment of counterpart funds is a condition for state governments to access the funds.

“The access of UBE funds depend on the political will of the state governors.[pro_ad_display_adzone id=”70560″]

“These funds are available and they are not being utilised because the defaulting governors have refused to pay their counterpart funds.

“And this is not healthy for the educational development of the country,’’ the source said.

The source said the situation was hindering the development of basic education at the state level and contributing to the reduction in the economic growth of the country.

The source appealed to state governments to strive and access money meant for the improvement of basic education.

NAN recalls that the former Minister of State for Education, Mr Nyesom Wike, had also decried the unwillingness of state governments to access funds to develop basic education.

Wike said it was regrettable that the funds were lying idle in the banks while the challenges facing effective basic education delivery persisted. (NAN)

Loading…