Business
Reps move to increase UBEC funding to 4% as bill passes second reading
The House of Representatives has successfully passed the second reading of a bill that seeks to amend the Universal Basic Education Commission (UBEC) Act.
The amendment aims to double the funding from the consolidated revenue fund, raising it from 2% to 4%.
Hon. Bako Useni, the Chairman of the House Committee on Basic Education and Services, announced this during the committee’s oversight function at the Digital Resource Center in Abuja, constructed by UBEC, on Thursday.
He further mentioned that the amendment bill, proposed by Hon. Muktar Shagaya to raise the revenue allocated to UBEC from 2% to 4%, is essential to funding the academic sector.
Furthermore, Useni remarked that the committee was pleased with UBEC’s digital resource center, highlighting that it aligned with their objective to infuse new dimensions into the nation’s basic education sector.
According to him, the committee will ensure continuous oversight function for the sustainability of the centre like all others under its mandate.
The Universal Basic Education Commission (UBEC) is Federal Governments Agency saddled with the responsibility for coordinating all aspects of UBE programme implementation.
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