Soludo Approves N6.154 Billion for UBE Counterpart Funding
The Governor of Anambra State, Chukwuma Soludo, has sanctioned N6.154 billion as counterpart funding for Anambra’s Universal Basic Education (UBE) grants spanning 2022 to 2024 throughout the state.
This announcement was made in a Friday statement by Dr. Vera Nwadinobi, Chairperson of the Anambra State Universal Basic Education Board (ASUBEB), as reported by NAN.
Nwadinobi underscored that the release of these funds will enable the state to secure an equivalent matching grant from the Universal Basic Education Commission (UBEC). The official further noted that with the matching grant, UBEC is anticipated to allocate N12.308 billion for a new series of UBE intervention projects across Anambra.
She elucidated that the planned initiatives entail constructing new classrooms, refurbishing existing ones, and supplying desks and chairs to schools.
Water and sanitation amenities will be established in primary and junior secondary schools within various communities, she added.
Furthermore, she mentioned that the funds will also support the fencing of schools, the provision of ICT resources, and the distribution of agricultural and sports equipment.
“These endeavors aim to foster a more conducive environment for teaching and learning in our schools,” Nwadinobi remarked.
She expressed gratitude to the governor, acknowledging his unwavering support and dedication to enhancing quality education in Anambra as recognized by pertinent stakeholders.
This development coincides with Anambra State’s 2025 budget proposal of N606.99 billion, in which education holds a prominent position.
The proposed budget allocates 77% (N467.5 billion) to capital expenditure and 23% (N139.5 billion) to recurrent expenditure. “Sectoral increases encompass education (101.4%), health (57.1%), social services (82.7%), infrastructure (38.9%), and the judiciary (51.3%),” the state government noted.
For 2025, Soludo assured lawmakers in November 2024 that education will receive N11 billion for smart schools, N22 billion for institutional development, and N3 billion for student loans in 2025.
