Stakeholders seek private sector funding for education

Stakeholders in the  education sector have advocated more private sector investment, tax concession, import duty waivers for educational equipment and special intervention funds to revamp the sector in the face of the negative impact of the COVID-19 pandemic.

The stakeholders comprising public and private sector participants, who spoke during the Ecobank Digital Series entitled: “Education in Nigeria – The role of private investment”, noted that education is a critical sector that contributes to human capital development and sustainable future for the country and must, therefore, not be overlooked. They called on the private sector to invest more in education  in the form of corporate social responsibility (CSR), scholarships, provision of palliatives, support to reconstruction and rehabilitations of schools across the country.

In his presentation, Professor Olabode Ayorinde stressed the need for the government to place high priority on the education sector when providing…

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