Nigeria’s education funding 77% below minimum

Following the allotment of only 6% of the national budget to education, Nigeria is far below the percentage of national budget that should go into education, according to the minimum recommended by the UNESCO.

UNESCO’s benchmark for funding of education was set at 26 per cent of the national budget and 6 per cent of the gross domestic products (GDP). However, Nigeria has been allocating 6 per cent of the national budget to the funding of its education.

A simple mathematics shows that 6 is 23% of 26, which means that Nigeria’s funding of education is 77% below the recommended minimum.

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