Connect with us

Education

FG, World Bank restructure $500m education funding programme

Published

on

The Federal Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme, cutting funding allocations tied to the construction of new classrooms while expanding the number of states eligible for targeted interventions under the project.

Details of the restructuring were contained in a World Bank restructuring paper dated May 20, 2026, and obtained from the bank’s website on Thursday.

The document showed that the allocation for the creation of 13,000 new classrooms under the programme was significantly reduced following changes in grant financing from the Global Partnership for Education.

The World Bank said the restructuring was necessitated by a sharp reduction in Nigeria’s GPE System Transformation Grant allocation. According to the report, “These changes stem from a reduction in the total allocation for Nigeria’s GPE STG funding from $107.59m to $53.975m.”

The bank explained that the original arrangement had split the GPE funding between the World Bank and the United Nations Children’s Fund, but the revised financing structure transferred the entire reduced grant allocation to the World Bank-managed HOPE-Education programme.

It stated, “Originally, co-grant agents, the World Bank and the United Nations Children’s Fund, were selected to each manage half of the initial STG funding allocation. However, with the reduced GPE financing, the Government of Nigeria proposed that the reduced allocation be managed entirely by the World Bank through HOPE-Education.”

The programme, approved by the World Bank Board on March 31, 2025, is financed through a $500m International Development Association credit and a $52.18m GPE grant.

See also  Tinubu renames Federal University of Medical Sciences Azare after Late Sheikh Dahiru Bauchi

The restructuring paper showed that the total allocation under DLI 4, which covers “Number of new primary classrooms created through community participation,” was reduced from $5.7m to $2.55m.

Specifically, the allocation for government-community agreements to support classroom construction in 15 states was cut from $500,000 to $300,000, while the allocation for the construction of 13,000 classrooms dropped from $5.2m to $2.25m.

Despite the reduction in funding allocations, the overall programme target of creating 13,000 classrooms remained unchanged in the updated results framework contained in the report.

The World Bank said there would be no change to the programme’s development objective, closing date, or institutional arrangements. The report stated, “There are no changes to the Program Development Objective, closing date, or institutional arrangements. This is the first restructuring of the operation.”

Under the revised arrangement, the number of states eligible for targeted interventions under Results Area 1 was expanded from three to six with the addition of Abia, Bauchi, and Kwara states.

The updated GPE-financed states are Abia, Akwa Ibom, Bauchi, Kebbi, Kwara, and Lagos. The restructuring also altered funding allocations across several disbursement-linked indicators and results covering teaching and learning materials, teacher mentoring, school grants, literacy assessments, and annual school census reporting.

Under DLI 1, which focuses on the availability of teaching and learning materials, two earlier allocations were removed and replaced with new targets tied specifically to GPE-supported states.

A new $7.419m allocation was introduced for ensuring that 80 per cent of public primary schools in GPE states have sufficient teaching and learning materials for Grades 1 to 3, while another $3.569m was added for Grades 4 to 6.

See also  16-year-old girl emerges Nigeria’s youngest chartered accountant

The total allocation under DLI 2, which focuses on improving structured pedagogy practices among teachers, was reduced from $14.866m to $12.664m after some allocations were adjusted downward and one performance indicator was removed entirely.

Similarly, allocations under DLI 3 covering literacy and numeracy proficiency were reduced from $7.934m to $5.06m after the removal of a $3.9m allocation tied to increasing the percentage of children proficient in literacy and numeracy in IDA states.

Funding tied to out-of-school children under DLI 5 also declined from $1.733m to $1.283m. However, allocations for annual school grants under DLI 7 increased significantly from $4.73m to $7.865m, while allocations tied to annual school census reporting under DLI 8 rose from $4.45m to $5.676m.

The World Bank said the changes would also require modifications to the verification protocol for GPE-supported states, while the existing verification process for IDA-financed states would remain unchanged.

According to the report, the HOPE-Education programme aims “to improve foundational learning outcomes, increase access to basic education and enhance education systems in participating States.”

The programme became effective on February 26, 2026, and the World Bank said implementation was already making “early progress.”

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Education

16-year-old girl emerges Nigeria’s youngest chartered accountant

Published

on

The Minister of Youth Development, Ayodele Olawande, has congratulated Osasere Okundaye on emerging as Nigeria’s youngest chartered accountant at the age of 16.

In a statement on Monday, Olawande described the feat as a remarkable demonstration of hard work, discipline, resilience and commitment to excellence.

“I heartily congratulate Miss Osasere Okundaye on her outstanding achievement of becoming Nigeria’s youngest Chartered Accountant at just 16 years of age.

“This remarkable milestone is a testament to the power of hard work, discipline, resilience, and an unwavering commitment to excellence,” the minister said.

He noted that Okundaye had become a shining example of the limitless potential of Nigerian youths, saying her achievement should inspire others to pursue excellence.

“Osasere has distinguished herself as a shining example of the limitless potential of Nigerian youth. Her accomplishment reminds us that with determination, dedication, and the right support, young Nigerians can break barriers, set new records, and inspire a generation to dream bigger and strive for excellence,” he added.

The minister also congratulated her parents, family, teachers and mentors for supporting her journey.

“I also congratulate her parents, family, teachers, mentors, and everyone who has supported and guided her journey. Their encouragement, sacrifices, and belief in her abilities have undoubtedly contributed to this exceptional success,” he said.

Olawande reaffirmed the Federal Ministry of Youth Development’s commitment to empowering young Nigerians through programmes and policies aimed at helping them realise their potential.

“Osasere’s achievement reinforces our confidence that the future of Nigeria is bright in the hands of focused, determined, and talented young citizens,” he said.

See also  Labour gives FG four weeks to end varsity crisis

He wished the teenager greater success in the years ahead, expressing hope that her story would inspire millions of young Nigerians.

Okundaye earned the feat after qualifying as a chartered accountant through the Institute of Chartered Accountants of Nigeria, becoming the youngest person to achieve the professional qualification in the country.

Her achievement surpasses the previous record set in 2022 by Jonathan Adewale, who became Nigeria’s youngest chartered accountant at the age of 17 after completing the rigorous ICAN professional examinations.

The qualification, which is typically obtained by graduates and professionals after years of study and examinations, has been widely regarded as one of the country’s most demanding professional certifications.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

Continue Reading

Education

Suspended FUOYE SUG president reinstated — NANS

Published

on

The National Association of Nigerian Students has announced the reinstatement of the suspended Students’ Union Government President of the Federal University Oye-Ekiti (FUOYE) , James Adio.

NANS President, Akinteye Babatunde, disclosed this in a post on X on Wednesday, after it disclosed that university’s Senate would consider Adio’s suspension following what it described as high-level engagement with the institution’s management.

“Finally, Comrade Adio, the FUOYE SUG President, has been officially reinstated,” Babatunde wrote.

PUNCH Online had earlier reported that NANS said it secured the reinstatement of some previously suspended students after discussions with the university authorities.

According to the student body, the intervention followed sustained talks with the management over disciplinary actions taken against some students.

Babatunde had said, “The University Senate will convene on Wednesday, 24 June 2026, to give Comrade James Adio fair consideration and the necessary support that will serve both the interest of justice and his academic pursuits going forward.”

He also stated that the affected students had been reinstated and allowed to sit for their examinations.

Adio was earlier suspended alongside two other students over alleged financial irregularities linked to practical fees, a decision that sparked criticism from NANS.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

See also  16-year-old girl emerges Nigeria’s youngest chartered accountant
Continue Reading

Education

JAMB axes affiliated degree courses in colleges of education; read details

Published

on

The Joint Admissions and Matriculation Board (JAMB) has formally ended admissions into affiliated degree programmes run by colleges of education, marking a major shift in Nigeria’s teacher education system and effectively making the Nigeria Certificate in Education the sole entry route into the institutions from the 2026/2027 academic session.

The decision is contained in JAMB’s newly released NCE/ND Agric Registration Guidelines issued by the Office of the Registrar in June 2026.

Under the new policy, the board declared that “no admission into any affiliated programme in any college of education from the 2026/2027 session.”

JAMB also ruled out direct admission into 100 and 200 levels in colleges of education, insisting that all fresh entrants must now come through the NCE programme.

“With effect from 2026/7 session, no admission into 100 or 200 Level is allowed into any college of education. All entrants are through NCE,” the board stated.

The development signals the end of an era for affiliated degree programmes, which for decades enabled colleges of education to award university degrees through partnerships with conventional universities.

The reform is expected to affect thousands of candidates who applied for degree programmes through affiliated colleges of education for the 2026 admission cycle.

To cushion the impact, JAMB outlined options for candidates who had already selected affiliated colleges of education for degree programmes through Direct Entry.

According to the board, affected candidates may apply for a change of institution at no cost, transfer to the parent university to which the degree programme is affiliated, or allow their second-choice institution to become their first choice for admission processing.

See also  VC seeks support as new medical varsity holds maiden matriculation

“A candidate may choose to be moved to the parent university to which the degree programme is affiliated,” the board said.

JAMB added that candidates wishing to switch institutions had been given up to June 22 to complete the process.

Similarly, candidates seeking 100-level admission into affiliated colleges of education through the Unified Tertiary Matriculation Examination have been presented with three options: change institution, elevate their second-choice institution to first choice, or migrate to the NCE programme.

The board said candidates who opted for the NCE route would be required to obtain an O-Level verification code from the relevant examination body and pay only N700 as registration fee on the JAMB portal.

“The candidate may be moved to the NCE programme of the institution, on the understanding that the choice of the college of education indicates an interest in pursuing the NCE qualification,” JAMB explained.

The guidelines further stipulate that every application for NCE admission is a deliberate choice and that candidates recommended for NCE admission would have any ongoing UTME or Direct Entry admission process suspended.

“Anyone who chooses NCE and s/he is proposed/recommended would have any ongoing UTME/DE process suspended,” the board stated.

For candidates who have already applied through the 2026 UTME mode, JAMB said their details would be automatically migrated to their chosen first-choice college of education or agric-related non-technology ND programmes.

The board also introduced mandatory O-Level verification for all NCE applicants, pegging the verification fee at N1,500 for one sitting and N2,000 for two sittings.

See also  Benin varsities, Nigerian polys in NYSC fraud

JAMB urged colleges of education, institutional professional registration centres, accredited CBT centres and its officials across the country to study the new guidelines and ensure strict compliance.

“All PRCs, IPRCs and officers of the board are to study the guidelines and ensure strict compliance with the information contained therein,” the Registrar stated.

Affiliated degree programmes have long served as a pathway for colleges of education to offer Bachelor’s degrees in partnership with universities, allowing students to earn university degrees while studying in the colleges.

However, the new JAMB policy effectively ends that arrangement for new admissions from the 2026/2027 academic session, reinforcing the NCE as the foundational qualification for teacher education in Nigeria.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

Continue Reading

Trending