Among the 17 SDGs for transforming the world by 2030, SDG 4, which emphasizes “Quality Education”, ranks high, and for obvious reasons. Basically, SDG 4 encourages all UN-member countries, including Nigeria, to ensure inclusive and equitable quality education, and promote lifelong learning opportunities for all – through the Education 2030 Framework for Action (FFA).
The role of education in the march towards development for any nation cannot be overemphasized. There is a nexus between quality education and national development. A country which is able to achieve quality education will in turn, make progress in other areas of development. Succinctly put, quality education is key to the attainment of sustainable development because as Adeyanju (2010) notes, no development can occur at all without education
March 30, 2020
SDG Monitor: A Journal of Implementation- An Appraisal of Nigeria’s Implementation of the Quality Education Goal
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Nigeria Economic Update (Issue 48)
Data released by the National Bureau of Statistics shows that Internally Generated Revenue by states increased in 2017H1. The IGR increased from N392.1 billion in 2016H1, to N396.9 billion in 2017H1, a slight 1.2 percentage half Year-on-year growth. Also, N149.5 billion was generated in 2017Q3. Lagos state remains top in internal revenue generation, with a significant 42.3 percent share of total IGR in the review half year. The improvements in IGR may be attributable to efficient revenue collection by each reported state from the various sources of internal revenue: taxes, fines and fees, licenses, earnings & sales, rent on government property, interests and dividends, among others.
Nigeria Economic Update (Issue 47)
Recent
data by NBS indicates an increase in bank credit to private sector. Specifically,
private sector credit rose (year on year) by 24.4 percent to N16,185.1 billion
in 2016Q3 relative to 2016Q2, with Oil and gas, and Manufacturing
sectors taking the consecutive largest shares of the credit. The rise may be connected
to the need to improve credit availability to critical sectors in order to
hasten the recovery from the ongoing recession. The present rise in bank credit
to the manufacturing sector seems to be a step in the right direction as the
sector is critical to Nigerias industrialization and economic stability.