What percentage of the Nigerian budget goes to education?

Nigeria budgeted 6.3 per cent of its 2021 national budget on the Federal Ministry of Education. A sum of N742. 5 billion out of the total N11. 7 trillion budget was allowed to the ministry out of which N615.

What is the current budget for education?

$7.68 billion
Public Education Spending in California California K-12 schools receive $7.68 billion, or $1,224 per pupil, from the federal government. State funding totals $51.78 billion or $8,254 per pupil. Local funding totals $32.18 billion or $5,130 per pupil.

Is there a budget for education in Nigeria?

With all the promises by President Muhammadu Buhari, there are higher expectations that adequate budgetary provisions would be made to the education sector. It is, therefore, necessary to urge the members of the National Assembly, NASS, to review the budget estimate and and provide adequate funding to the educational sector.

What was the budget for education in 2019?

Despite this recommendation by UNESCO, the education sector in 2019 got N620.5bn (about 7.05 per cent) of the Federal budget not reaching the 15 to 20 per cent benchmark.

When does the 2020 budget come out in Nigeria?

The meagre allocation for education in the proposed 2020 Budget presented by President Muhammadu Buhari is alarming. The annual federal budget which sums up government’s revenue and expenditure for a fiscal year, which traditionally runs from January 1 to December 31 each year, has not been adequate for the educational sector.

What was the budget of the federal government of Nigeria?

A sum of N4.88 trillion was earmarked for recurrent expenditure and N2.14 trillion for capital expenditure. Also, N556.7 billion will be statutory transfers to specific government agencies while N2.75 trillion would go into debt servicing.