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Businessman seeks improved funding for education sector

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Dr Obiora Okonkwo, Chairman, The Dome Entertainment Ltd., Abuja, has called for improved funding of the education sector in line with the United Nations’ recommendations.

The News Agency of Nigeria learnt that Okonkwo built and donated the school to the community as part of his Corporate Social Responsibility.

Okonkwo, who was chairman of the event, said that lack of adequate funding was impacting negatively on the nation’s education system.

According to him, for Nigeria to take advantage of its diversity and develop abundant talents and human resources, it must take more than an ordinary interest in the funding of education.

Okonkwo, a doctorate degree holder from Russia, stressed the need for development of infrastructure, research and publications.

He noted that with the country’s growing population, it was only logical that education funding was taken more seriously as a means of focusing attention on the youth and preparing them for the future.

Okonkwo said that Sub-Sahara Africa should be worried that more than half of the children who had yet to enroll in primary school live in the region, as captured in the United Nations Sustainable Development Goals document.

“In Nigeria, we put the figure at more than 13 million. This is in spite of the UN recommendation of dedication of 26 per cent of the national budget in developing countries for education alone,” he said.

He said that the UN’s position underscored the importance of funding education to create inclusive and sustainable growth.

“I therefore, use this opportunity to call for more funding and support for education,” he said.

Okonkwo explained that the reasons for building the school was that if the little ones that graduated at the event did not have access to quality secondary and tertiary education, their future would be jeopardised.

Earlier, the Proprietress of the School, Rev. Mother Amaka Osegbo, lauded Okonkwo for donating the school infrastructure as well as subsidising fees paid by the pupils.

She said that Okonkwo’s benevolence was felt by every child and teacher at the school, adding that enrollment of children in the school had been on the increase.

Osegbo also called on wealthy Nigerians to emulate Okonkwo’s gesture by building and donating schools as well as subsidising fees to encourage more children go to school.

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