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28 May 2009

Nigeria: Country Receives N196.6 Billion education grant from Word Bank,

The Federal Government yesterday said it had received grants totaling N196.6 billion (about £740 million and $180 million from the World Bank and the British Department for International Department (DfiD) to help finance a new roadmap for the Nigerian education sector, approved by the Federal Executive Council (FEC).This came as FEC also approved the launch of made in Nigeria products campaign by the Minister of Commerce. The approval is in line with government objectives of increasing industrial productivity and decreasing imports. Addressing State House Correspondents after the five-hour meeting chaired by President Umaru Musa Yar'Adua which began with the swearing in of four new permanent secretaries, the Minister of Education, Sam Egwu, in company of his counterparts in the Ministry of Commerce, Achika Udenwa, and Information and Communication, Dora Akunyili, FCT minister, Adamu Aliero, and Minister of state, Information and Communications, Bilbis Ikra, said the DfID had made available £20 million to each state of the federation, totaling (about N170.2 billion).

For further details visit at : allafrica.com/stories/200905280413.html

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