2023 Budget: Education Gets Second Largest Allocation In Oyo — SUBEB Chairman

The Chairman, Oyo State Universal Basic Education Board (OYOSUBEB), Dr Nureni Adeniran has disclosed that the education sector has the largest allocation in the proposed 2023 Budget presented by Governor Seyi Makinde.

Adediran while speaking on a live programme of the State’s Broadcasting station on Friday said N58.213,981,267.87 billion was budgeted for the sector.

He noted that Makinde had consistently allocated huge funds to the sector, especially the basic education sub-sector under his supervision.

“Governor Makinde’s record of allocating funds for education conforms to UNESCO standards of 15-20% of the budget. In fact, this time, Education is 18.78% of the total budget proposal,” he said.

The Chairman further commended the Seyi Makinde-led administration, which has been consistent with an 18-22% budgetary allocation.

He said this has assisted the state in the regular payment of the Universal Basic Education Commission (UBEC) counterpart funding and received matching grants, “enabling us to execute numerous projects in the education sector”.

“Oyo State Universal Basic Education Board has so far completed over 56 model schools constructed and renovated over 700 classroom blocks across Oyo State among other projects,” he said.

Adeniran, therefore, implored the residents to consider re-electing the state Governor for a second term, adding that this would aid the continuity of his contributions to the state.