The Universal Basic Education Commission (UBEC) says despite allocating over 100 billion naira to education every year, resources from the Federal Government alone can no longer run the system.
The commission’s Executive Secretary, Hamid Bobboyi, announced this on Monday during a one-day conference in Abuja to promote partnership with the organised private sector.
He also disclosed that Nigeria has over 45 million children currently enrolled in its basic education system.
According to him, even though the Federal Government spends money on education, the sector requires more resources to deliver quality education.
The UBEC boss appealed to the private sector to appreciate the importance of providing education for children at an early age to contribute to the development of the country.