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    MarketForces Africa » MarketForces News » FG Earmarks N47.5bn for Upgrade of 50 Selected Schools

    FG Earmarks N47.5bn for Upgrade of 50 Selected Schools

    Julius AlagbeBy Julius AlagbeSeptember 11, 2024 News No Comments3 Mins Read
    FG Earmarks N47.5bn for Upgrade of 50 Selected Schools
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    FG Earmarks N47.5bn for Upgrade of 50 Selected Schools

    The Federal Government has earmarked N47.5 billion for the first phase upgrade of 50 selected senior secondary schools across the country.

    The Executive Secretary, National Senior Secondary Education Commission (NSSEC), Dr Iyela Ajayi, disclosed this during the groundbreaking ceremony of the Government Science Secondary School (GSSC), Koton Karfe, Kogi State on Wednesday.

    Ajayi said the GSSC, Koton Karfe was the only school in Kogi State to benefit from the first phase of the intervention.

    He said the upgrade was in line with President Bola Tinubu’s renewed promises to Nigerians.

    He urged other schools to exercise some patient as their schools would also be considered in the next phase.

    “This is just the first phase, when this phase is completed then we can then report to the President Bola Tinubu and Minister of Education and say we have finished completion of this phase.

    “This will allow them to come and complete this project and we will move unto the next phase.

    “So those schools that are not going to benefit from the first phase, I want them to be patient because after the first phase we will come to them.

    “The intervention for the first phase will cover about 47.5billiin  for the 50 schools,’: he said.

    Ajayi urged the school principal to give maximum support to the contractor handling the project, especially in the area of safeguarding the facilities on ground.

    He also changed the contractor to speed up work ready to be delivered for commissioning in the next six months.

    He also urged the contractor to implement the exact quality in the contract agreement in line with specifications to avert cases of building collapse.

    On her part, the Director, Physical Planning Unit of the commission, Maimuna Umar said the commission would deliver four new buildings to the school to enable effective learning.

    Umar added that the four buildings would house a well furnished six blocks of classrooms, administrative block, laboratory building, ICT and e-library.

    Also the principal of the school, Mr Yunusa Dauda, commended federal government’s initiative in giving facelift to the school which had been abandoned for two decades.

    Dauda added that though learning activities had been ongoing in the school but there was need for proper infrastructure so the students could learn in a comfortable environment.

    “We are very happy that the project is coming to us at this time and we promise to give necessary support to the contractor so that the work can be delivered on time,” he said.

    Meanwhile, the contractor handling the project and Managing Director, First Man Industries Link Limited, pledged to deliver on the work as specified by the terms and conditions of the contract. #FG Earmarks N47.5bn for Upgrade of 50 Selected Schools

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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