Close Menu
    What's Hot

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026
    Facebook X (Twitter) Instagram
    • Home
    • About Us
    Facebook X (Twitter) Instagram WhatsApp
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, May 31
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Enugu to Spend N320.6bn on Education
    News

    Enugu to Spend N320.6bn on Education

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiDecember 20, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Enugu to Spend N320.6 bn on Education
    Peter Ndubuisi Mbah, Enugu State Governor
    Share
    Facebook Twitter Pinterest Email Copy Link

    Enugu to Spend N320.6bn on Education

    The Enugu State Government in 2025 is to spend N320.6 billion on the education sector out of the total budget of N971.84 billion.

    The state’s Commissioner for Budget and Planning, Chief Chris-Roberts Ozongwu, said this in Enugu on Thursday while giving a breakdown of the 2025 budget christened: ‘Budget of Exponential Growth and Inclusive Prosperity.”

    Ozongwu said that in the education sector, the government would construct 200 Integrated Model Smart Schools, Primary 1 – JSS 3, at N100 billion.

    “The government earmarked N146 billion for equipping Smart Schools across the 260 political wards in the state.

    ” The government will spend N10.7 billion to upgrade three of the state’s public secondary schools to Smart High Secondary Schools.

    “The government also earmarked N10 billion to construct Smart Senior Secondary Schools” he said.

    The government, he said , would upgrade campuses of Awgu and Oji River Nursing Schools with new facilities with N1 billion.

    He added that N500 million would be spent on the first-phase construction of three-storey buildings for standard library, auditorium and classrooms at Awgu campus among others.

    The commissioner said that the state’s budget of N971.84 billion was over N450 billion higher than the 2024 budget of N521.5 billion, representing 86.4 per cent increase.

    He said that the 2024 budget had achieved 92.6 per cent success, adding that “this is a remarkable and unprecedented achievement compared to any budget in the country.”

    He said the 2025 budget’s vision was to grow Enugu State’s Gross Domestic Product from $4.4 billion to $30 billion.

    Ozongwu added that N133.1 billion would go into recurrent expenditure while N837.9 billion would be spent on capital expenditures.

    He said N2 billion was proposed for the procurement of 2000 taxis for youth empowerment scheme.

    Ozongwu explained that the youth taxi empowerment scheme would further create avenues for youths to actively participate in the economic growth of the state.

    He said that the government also earmarked N1 billion for vehicle tracking system through a Public-Private-Partnership (PPP) agreement.

    Ozongwu noted that the government would spend N2 billion for equity contribution for an additional 100 buses for the intra-city mass transit concession.

    ” It also earmarked N5 billion for the procurement of 200 tipper trucks for minin,” he said.

    He further said government would spend N1.2 billion for construction of ultra-modern logistics hub and N1.6 billion for construction of one transport interchange via public private partnership. #Enugu to Spend N320.6bn on Education#


    Federal Government of Nigeria Launches Free AI Academy

    Enugu state
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Ogochukwu Ndubuisi
    • Website
    • Facebook
    • X (Twitter)
    • LinkedIn

    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

    Related Posts

    News

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026
    News

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026
    News

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026
    News

    SOLUSD – Solana Price Climbs on Huge Spot ETF Inflows

    May 30, 2026
    News

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026
    News

    Nigerian Exchange Delivers 60.90% Return in 5 Months

    May 30, 2026
    Add A Comment

    Comments are closed.

    Editors Picks

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026

    SOLUSD – Solana Price Climbs on Huge Spot ETF Inflows

    May 30, 2026
    Latest Posts

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026

    SOLUSD – Solana Price Climbs on Huge Spot ETF Inflows

    May 30, 2026

    ADAUSD -Cardano Gains 2% on Staking, Whale Accumulation

    May 30, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About US
    About US

    MarketForces Africa is a financial information service provider with interest in media, training and research. The media platform provides information about markets, economies, and crypto, forex markets and investment ecosystem.

    Contact Us:
    Suite 4, Felicity Plaza, Freedom Estate Drive, Lagos-Ibadan Express Road, Magboro
    T: . 08076677707, 08052076440

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Market Regulator Sets for T+1 Settlement, Suspends Key Trading Rules

    May 30, 2026

    Moody’s Changes Mali’s Outlook to Negative, Affirms Caa2 Rating

    May 30, 2026

    HBAR- Hedera Gains 5% as Open Interest Surges, Positioning

    May 30, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2026 Marketforces Africa
    • About
    • Contact us
    • Subscription Plans
    • My account

    Type above and press Enter to search. Press Esc to cancel.