The World Bank has pledged to support the Lagos Eko Secondary Schools project with $42 million to enhance the education sector in the state.
The World Bank's pledged was contained in a statement issued in Abuja.
It said that the new fund already approved by the bank's board was an additional amount to the existing loans to the state.
"The new IDA credit of over 42
million dollars to the Lagos EKO Secondary School Project is an addition to an original credit of $95 million. This systematically benefited over 620,000 students a year in 667 public secondary schools in Lagos State between 2009 and 2013.
"It will allow strong results to be sustained and evaluated in
hundreds of secondary schools and expand others," it said.
The World Bank said that the grant had also helped to increase the number of poor children accessing quality secondary education.
It also added that it helped
technical college graduates from low-income backgrounds to find well-paying jobs.
The World Bank said that the grant had further helped students to improve dramatically in Basic Education Certification Examination.
Student scores from beneficiary schools went up from 30 per cent to 70 per cent in English, 31 per cent to 45 per cent in Mathematics and 27 per cent to 65 per cent in Basic Sciences.
It said the results of the June 2013 West Africa Senior Secondary Certificate external examinations showed that 41 per cent of students from beneficiary schools passed with five credits and above compared with over 18 per cent before the project.
Commenting on the development, World Bank Country Director for Nigeria, Marie Francoise Marie-Nelly, said the grant would provided
children from poor homes
opportunity to access quality
education.
"When students from poor families have the opportunity
to go to secondary school and
acquire sound knowledge and skills, they stand a fair chance of getting a good job or accessing economic opportunities later in life.
"This contributes to eliminating extreme poverty and boosting shared prosperity in furtherance of the World Bank's two main goals,"
she said.
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Source: Odili.net
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