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FG, stakeholders urged to raise education budget to 20%

Published 10 hours ago1 minute read

A Professor of Educational Management at Adekunle Ajasin University, Akungba (AAUA), Akinrotimi Oyetakin, has called on stakeholders to sponsor a bill at the national and state levels for improved budgetary allocation to education.

Oyetakin, who gave the recommendation while delivering his inaugural lecture, said increasing the sector’s budgetary allocation to at least 20 per cent would help in sustaining inclusive and equitable basic education for all.

In the lecture titled: ‘Cost explosion and expenditure implosion of tertiary education: Equilibrium heresies in motion,’ Oyetakin said there’s an urgent need to establish a new agency and come up with new strategies on additional funding.

“There is an urgent need to establish the Education Emergency Relief Agency of Nigeria (EERAN) to carry out functions on emergency management of educational institutions.”

“Aside from the multi-faceted roles of the National Emergency Management Agency (NEMA), the real challenge for every Nigerian is managing emergencies,” Oyetakin stated.

The Vice-Chancellor, Prof. Olugbenga Ige, commended the lecturer for his scholarly contributions to the university.

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