and i quote iseoluwa akintunde, who s an expert on nigeria from the british think tank chatham house, for decades, the mantra of economic diversification characterised attempts to reverse nigeria s dependence on oil with little real progress. and he says that the decline in gdp from oil gives new urgency to this issue. so are you really dealing with this issue with real urgency that it needs? cos he s right, we ve heard about this for decades. you are right, zeinab, this has been said for decades. but check the numbers. 0k. the contribution of revenue in the country today is largely from the non oil sector, that is what has changed. if you look at our budget, if you look at the actual budget performance, you ll find that the non oil revenue is contributing 55%. it used to be 30%, 35%. so things are changing not as fast as we want them to be, but we re pushing to make sure that the investments in the nigerian economy is both from
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Over N41.06 billion UBEC fund yet to be accessed Executive Secretary
UBEC says the N41.06 billion is lying un-accessed despite the poor state of many primary schools across the country. 2 min read
The Executive Secretary of the Universal Basic Education Commission (UBEC), Hamid Boboyyi, said over N41.06 billion UBEC matching grants is lying un-accessed despite the poor state of many primary schools across the country.
Mr Boboyyi disclosed this in Abuja , on Thursday, while presenting the 2020 Capital Budget Performance to the Senate Committee on Basic and Secondary Education.
Giving a breakdown of matching grant implementation by states since 2017, he said while 32 states and the FCT implemented the 2017 projects, four states had yet to do that.
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Zamfara
Nigeria
Abuja
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Kaduna
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Nigeria-general
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