Education: Raise The Government Budget To At Least 10% In Our First Year In Office. This Will Then Be Increased Yearly Afterwards In Order To Meet UNESCO Recommended Standards Completed
Source: Campaign Manifesto (Roadmap To Accelerated Development, 2019-2023)
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Oyo State Governor Seyi Makinde spends 22.4% of budget on education
Makinde is now focused on education. The state is regarded to have the highest number of out of school children in south west Nigeria.
In his new year speech, Makinde said his “goal is to make Oyo State the hub for education tourism in Nigeria, not just at the basic education level but at the tertiary level as well.”
The state now has the biggest education spending allocation of 22.4% of the 2020 budget, topping the federal government’s 15%.
Records from the finance ministry showed that last year the state increased education spending to 10% from the previous 4% and provided a N526 million grant to all primary and secondary schools to be disbursed term by term.
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Budget: Oyo Government Complying With UNESCO Standards On Education
"Though his administration met education budget at about four per cent, he has allocated over 22 per cent to education in the 2020 Budget, he said the increased budget met the recommendation for education spending by the United Nations Educational, Scientific and Cultural Organisation (UNESCO)”