Babatunde Fashola Explains How Lagos State Govt Spent $90m World Bank Education Loan

Lagos State Governor, Babatunde Fashola, has defended allegations that the state mismanaged the $90m loan given to it by the World Bank for improving educational standard.

The governor made the explanation during the inauguration of a book titled, ‘Lagos Eko Project 2009-2013: A legacy of Excellence’, on Tuesday in Lagos. Read what he said below… 

“You might have heard some people saying that we have stolen World Bank Eko Project money. This occasion is indeed very important to prove that we did not. The Eko Project money is not in our hands; it is in the hands of the schools. The principals and the schools don’t also act alone. They listen to a group, School Based Management Committee, before doing anything.

“It is a committee involving guardians, parents, teachers, and community members together planning what will be done in each budgetary year. So, no principal can spend money without the approval of the committee. Contrary to what some public commentators think, I think that if at all there was a fault, we can only take responsibility for not communicating enough.

“I will stand up to defend our principals and other public officers because it is an insult to their integrity and status.”

“When you are worried about how it should be about overcrowding, you should know that we run free education here – from cradle to senior secondary school three.

“We have over one million pupils in our school system. So, this must be clear to those who want to engage in discussions and analyses. It is important also that as difficult as it may be, I can guarantee that even if the child was to learn under a tree, which is not our standard, the teacher that is instructing that child is a quality teacher.”