LunagisthubFederal Government Secures $25.35m Loan to Tackle Kaduna’s Out-of-School Crisis
The Federal Government has secured a $25.35 million concessionary loan from the Kuwait Fund for Arab Economic Development to support a major initiative aimed at reducing the number of out-of-school children in Kaduna State. The loan is part of a broader $62.8 million blended financing package with international development partners designed to expand access to quality and inclusive education in one of Nigeria’s most affected regions.
Key Objectives of the Programme:
The Reaching Out-of-School Children programme aims to:
– Enroll over 100,000 children in school
– Construct or upgrade more than 200 schools
– Improve the learning environment and capacity of teachers in underserved areas
Target Beneficiaries:
The programme will target vulnerable populations, including:
– Girls
– Children with disabilities
– Internally displaced persons
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, emphasized the government’s commitment to transparency, accountability, and measurable outcomes in social sector investments. The programme is expected to improve learning outcomes for some of Nigeria’s most vulnerable children and contribute to the country’s efforts to address the out-of-school crisis.
The partnership between the Federal Government and the Kuwait Fund for Arab Economic Development is a significant step towards improving access to quality education in Nigeria. The programme has the potential to make a lasting impact on the lives of thousands of children in Kaduna State and serve as a model for future initiatives aimed at addressing the out-of-school crisis in Nigeria.
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