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Olugbemi. Adeyinka Ogunleye
1 week ago
Overview
FG, Kuwait Fund sign $25.35m loan deal to tackle out-of-school crisis in Kaduna
The Federal Government has signed a $25.35 million concessionary loan agreement with the Kuwait Fund for Arab Economic Development to support a comprehensive initiative aimed at bringing out-of-school children back into classrooms in Kaduna State.
The financing forms part of a broader $62.8 million package secured from international development partners to boost access to inclusive and quality education in one of Nigeria’s most affected regions.
The agreement, signed on behalf of Kaduna State, is designed to address critical educational gaps by constructing new schools, rehabilitating existing facilities, training teachers, and implementing community-based interventions to remove barriers to education—especially for girls, children with disabilities, and internally displaced children.
Other financial contributors to the programme include the Islamic Development Bank (US$10.5 million), the Global Partnership for Education (US$15.45 million grant), Education Above All Foundation (US$10 million grant), Save the Children International (US$0.5 million technical assistance grant), and the Kaduna State Government (US$1 million in counterpart funding).
