Gov. Oyebanji Approves Payment of Over N3.5 Billion Counterpart Fund For 2024 UBEC/SUBEup Intervention Projects

Ekiti State Governor, Mr. Biodun Abayomi Oyebanji has approved the payment of three point five billion naira as a counterpart fund for the [execution of 2024 UBEC/SUBEB intervention projects.

The Chairman of the state Universal Basic Education Board, SUBEB, Professor Femi Akinwumi confirmed this in a statement in Ado Ekiti.

He described the approval as a bold step by the Governor towards providing a conducive teaching and learning environment for public primary schools across the state.

According to him, Governor Oyebanji has within the last two years of his administration paid the UBEC/SUBEB counterpart funds for 2022 and 2023 matching grants apart from other landmark achievements of the governor in the basic education sector.

He announced other unprecedented developments for the sector to include procurement and distribution of instructional materials to enhance teaching and learning, employment of teaching and non-teaching staff, construction and renovation of classrooms, training and retraining of teachers as well as provision of ICT equipment for the schools.

Professor Akinwumi stated further that the approval of Governor Oyebanji to pay the counterpart fund would continue to strengthen the state’s collaboration with UBEC for execution of more developmental projects for enhancement of basic education and effective delivery of UBE programmes.

He restated the determination of the board to ensure the speedy implementation of the 2023 projects so that those of 2024 can follow almost immediately, stressing that the Governor having fulfilled his part would be anxious about the early completion of the projects according to specifications.

Professor Akinwumi while thanking the Governor for his passionate interest in the development of basic education in the state, urged the successful bidders in the ongoing 2023 UBEC/ SUBEB projects to comply strictly to the guidelines, the federal and state procurement acts for timely and efficient delivery of their contracts.

He also charged the teachers and other education stakeholders to be more proactive in the dissemination of their duties to ensure that the huge investment in the education sector is not a waste of the scarce financial resources.