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Nigeria, Italy Push $5bn Global Education Financing Campaign

by Present Nigeria
September 24, 2026
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Nigeria, Italy Push $5bn Global Education Financing Campaign
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…..Tinubu Says GPE Vision Aligns With Nigeria’s Agenda

Nigeria and Italy have strengthened collaboration to implement the proposed Global Partnership for Education (GPE) financing campaign targeted at mobilising $5 billion for education worldwide.

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President Bola Tinubu said the GPE vision aligns with Nigeria’s agenda of improving educational outcomes by investing in access and teacher capacity building.

He stated this on Wednesday in New York in a video message at the high-level event tagged “A New Era for Education Financing” held on the margins of the 81st Session of the United Nations General Assembly.

Vice President Kashim Shettima, who is representing the President, said education is not an expense at the margins of Nigeria’s development agenda but an investment in its economic future, productivity and stability.

“Since President Bola Ahmed Tinubu assumed office in 2023, our Administration has substantially increased resources devoted to education, while pursuing reforms to strengthen basic education financing, expand foundational learning, and improve access to tertiary and technical education,” Shettima said.

He said through the Nigerian Education Loan Fund (NELFUND), government is widening access to higher education, while linking education to skills, employment and enterprise.

Shettima disclosed that Tinubu has directed that recovered funds by the EFCC, once legally cleared, be channelled to NELFUND, adding that the Federal Executive Council has approved consideration of unclaimed dividends and dormant funds for the same purpose.

He cited Nigeria’s alliance with the World Bank and GPE through HOPE-EDU, expected to reach approximately 29 million children and 500,000 teachers.

“This is precisely why GPE matters. GPE does not replace national investment; it multiplies it,” he said.

In her remarks, Italian Prime Minister Giorgia Meloni praised Tinubu’s leadership and Nigeria’s determination to improve educational outcomes.

UN Deputy Secretary-General Amina Mohammed thanked partners and called on international finance institutions to support committed countries to find fiscal space for education.

Chair of GPE Board, Jakaya Kikwete, said education remains central to human rights, security and peace, while girls’ education activist Malala Yousafzai urged greater commitment to gender equality in education.

Governments and donors at the event made pledges for the education of at least 370 million children globally, with Italy pledging €50 million.


…..Tinubu Says GPE Vision Aligns With Nigeria’s Agenda

Nigeria and Italy have strengthened collaboration to implement the proposed Global Partnership for Education (GPE) financing campaign targeted at mobilising $5 billion for education worldwide.

President Bola Tinubu said the GPE vision aligns with Nigeria’s agenda of improving educational outcomes by investing in access and teacher capacity building.

He stated this on Wednesday in New York in a video message at the high-level event tagged “A New Era for Education Financing” held on the margins of the 81st Session of the United Nations General Assembly.

Vice President Kashim Shettima, who is representing the President, said education is not an expense at the margins of Nigeria’s development agenda but an investment in its economic future, productivity and stability.

“Since President Bola Ahmed Tinubu assumed office in 2023, our Administration has substantially increased resources devoted to education, while pursuing reforms to strengthen basic education financing, expand foundational learning, and improve access to tertiary and technical education,” Shettima said.

He said through the Nigerian Education Loan Fund (NELFUND), government is widening access to higher education, while linking education to skills, employment and enterprise.

Shettima disclosed that Tinubu has directed that recovered funds by the EFCC, once legally cleared, be channelled to NELFUND, adding that the Federal Executive Council has approved consideration of unclaimed dividends and dormant funds for the same purpose.

He cited Nigeria’s alliance with the World Bank and GPE through HOPE-EDU, expected to reach approximately 29 million children and 500,000 teachers.

“This is precisely why GPE matters. GPE does not replace national investment; it multiplies it,” he said.

In her remarks, Italian Prime Minister Giorgia Meloni praised Tinubu’s leadership and Nigeria’s determination to improve educational outcomes.

UN Deputy Secretary-General Amina Mohammed thanked partners and called on international finance institutions to support committed countries to find fiscal space for education.

Chair of GPE Board, Jakaya Kikwete, said education remains central to human rights, security and peace, while girls’ education activist Malala Yousafzai urged greater commitment to gender equality in education.

Governments and donors at the event made pledges for the education of at least 370 million children globally, with Italy pledging €50 million.


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