close
Wednesday, December 15, 2021

Islamic Bank grants Nigeria $98m loan to boost Anglo-Arabic education

The project is aimed at ensuring inclusive education and promoting bilingual education.

• December 15, 2021
Ahmed Mohamed Ali Al-Madani
President of IsDB Ahmed Mohamed Ali Al-Madani [Photo credit: World Leaders Forum]

The Islamic Development Bank Group (IDB) has signed a $98milion (N40.5 billion per official rates) loan facility for the Bilingual Education Project in Nigeria (BEP) in Nigeria.

The project which will be cited in nine states of the country is meant to bridge the gap between formal and informal education using Arabic and English.

David Apeh, spokesman for the Universal Basic Education Commission (UBEC), coordinators of the project, said the project is aimed at contributing to the improvement of the socio-economic condition of Nigeria, ensuring inclusive education and promoting bilingual education.

In a statement on Wednesday, the commission noted that the participating states include: Adamawa, Borno, Gombe, Kaduna, Kano, Kwara, Nasarawa, Niger and Osun. 

UBEC said the major components of the project is to create access to basic education, improve quality and enhance the management capacity of school administrators.

The commission said that 30 bilingual education boarding schools would be constructed in the benefiting states to boost enrolment and reduce out-of-school-children syndrome among other things.

The project is being coordinated at the national level by the National Coordinating Unit (NCU) of UBEC with supervision from the the Federal Ministry of Education and the Federal Ministry of Finance.

The NCU has already engaged consultants to design, review and supervise the civil works of the projects.

It has also engaged the services of a Monitoring and Evaluation consultant.

The executive secretary of UBEC, Hamid Bobboyi, disclosed that the project was a loan and everything must be done to ensure effective implementation and prudent management.

More from Peoples Gazette

States

Police arrest 24 suspected cultists in connection with Awka shootout

Police spokesman, DSP Toochukwu Ikenga, said on Tuesday that no fewer than 24 suspects are cooling their feet with interrogators.

NationWide

#EndSARS: FEC approves salary increase not captured in 2022 budget for police

“The major highlight of the increase is the provision of a 20 per cent peculiar allowance for the police.”

Economy

NGX: Market capitalisation gains N21 billion

Market sentiment was positive with 19 gainers in relative to 13 losers.

Ikoyi collapsed building

Lagos

Builders of collapsed Ikoyi building were not certified: Engineer

The 21-storey building on Gerard Road Ikoyi came down on November 1, killing scores, including its owner, Femi Osibona.

States

Bayelsa govt inaugurates committee on Nembe oil spill

The committee will investigate the oil spill, proffer remediation for the environment and ensure compensation for victims.

NationWide

Marriages conducted in Lagos and Abuja registries remain valid: High Court

Some local governments had dragged the Federal Ministry of Interior to court for allegedly taking up the powers of the local governments to conduct marriages.