Homepage About us
 

Reps canvass for alternative source of education funding

Erasmus Alaneme, Abuja

House Committee on Education Thursday in Abuja said that the Federal Government only can not continue to fund the education in Nigeria, calling on all stakeholders to device new means of funding the sector.

Chairman of the Committee, Hon. Farouk Lawan who led other lawmakers on an over-sight function visit to the Education Trust Fund (ETF) office advised that interventions in the sector should be focused at specific critical areas so as to develop centers of excellence in the country.

The committee whose main aim of visiting the ETF was to ascertain the level of utilisation of the 2008 budgetary allocation to the fund reiterated that the positive efforts of the ETF in the sector should be emulated and encouraged so that more positive avenues for revenue generation can be developed.

Still urging for alternative source of funding from all stakeholders to compliment the efforts of the Federal Government, Hon. Lawan advised ETF that if its interventions are channeled to specific but critical areas of the education sector, more pronounced positive results will be achieved.

Lawan who was reviewing the Fund’s intervention in all Federal and State Government institutions of education including State Ministries of Education warned the ETF against being ‘jack of all trade, master of non’ while challenging the management of the Fund to maintain a good level of transparency in the management of the Fund accruing to them so as to lead the beneficiaries by example.

"In order to encourage compliance of the utilisation of fund by the benefiting institutions, it will be proper the Fund management maintain a good level of transparency for others to copy.

"I want ETF to concentrate intervention in few but critical sectors rather than distributing the lean resources to many institutions where it will be very difficult for benefiting institutions to use it achieve tremendous feat", he urged the fund.

He went on to disclose that as part of the Committee’s over-sight function, they meet with stakeholders in the education sector to fashion out way forward for the sector and that has earlier taken them to both the Ministry and the Nigerian University Commission (NUC) before paying visit to the Fund where they want to understand the challenges and obstacles facing ETF in the actualisation of its intervention mandate.

 

 

 

 

 
 
 
 
Copyright 2006.All right reserved.Any duplication of our news or document in any format is againg the law.Site license by champion newspapers.Powered by NigeriaNet