OAU Receives ₦23.18 Billion in 2025 Budget as Education Funding Remains Below Global Standards

 Abdulkareem Basit


The Nigerian government has allocated ₦23.18 billion to Obafemi Awolowo University (OAU) in its 2025 budget, presented by President Bola Ahmed Tinubu on December 18, 2024.


The total budget proposal for 2025 is ₦47.9 trillion, with the education sector receiving ₦3.52 trillion, which is approximately 7.3% of the overall budget. This marks a slight increase from the 6.5% allocated in 2020, 5.6% in 2021, and 5.5% in 2023 but still falls short of the 15-20% recommended by UNESCO for developing nations.


OAU's allocation of ₦23.18 billion represents about 0.048% of the total budget and about 0.66% of the education sector's funding. In comparison, OAU received ₦17.1 billion in the previous year, indicating an increase but still lower than allocations for other federal universities like the University of Nigeria, Nsukka, which received ₦44.38 billion, and Ahmadu Bello University at ₦36.76 billion.


Historically, Nigeria's education sector has struggled with funding, with allocations often below global standards. For instance, in 2016, the education sector received 7.9% of a total budget of ₦6.06 trillion, while in 2022, it dropped to 5.4% of a much larger budget of ₦17.13 trillion.


The budget has successfully passed its second reading in both the Senate and the House of Representatives.


Lawmakers have shared mixed reactions about the budget allocation for education. In the Senate, Senator Abba Moro urged for increased funding to meet UNESCO’s standards, pointing out that Nigeria has consistently fallen short due to low allocations. Senate President Godswill Akpabio praised the overall budget but emphasized the need for better management of the funds to ensure they are used effectively.


In the House of Representatives, Minority Leader Kingsley Chinda criticized the budget as too ambitious, expressing concerns that it may not be realistic. He called for caution regarding the budget's projections and its ability to meet the needs of the education sector.

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