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Ngozi Okonjo-Iweala at the Presentation of Int'l Finance Facility For Education - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ngozi Okonjo-Iweala at the Presentation of Int'l Finance Facility For Education (262 Views)

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Ngozi Okonjo-Iweala at the Presentation of Int'l Finance Facility For Education by NOIConnect(f): 10:03am On Apr 13, 2019
At the presentation of the new International Finance Facility for Education (IFFEd) by the Global Commission for Education led by former UK Prime Minister, Gordon Brown, in partnership with the Global Business Coalition for Education.

Education bonds like green bonds can substantially leverage private sector and philanthropic resources to put more children in school in lower-middle-income countries whose access to concessional resources is curtailed. 263 million children are out of school globally and in lower-middle-income countries, only 67% have access to complete primary education, so 33% are falling through the cracks. We need to move from $1.2 trillion to $3 trillion to close the gap in global annual education finance.

Only a concerted effort by the private sector, multilateral institutions and governments can deliver the resources needed. #IFFEd is a good start with its objective of initially leveraging $8-$10 billion using the MDBs balance sheet in the next 5 years.

With Mark Haefele of UBS, Hiro Mizuno of the Japan Government Pension Investment Fund, Sir Ronald Cohen of The Portland Trust, Liesbet Steer of the Global Commission for Education and Prime Minister Gorden Brown at the presentation of the #IFFEd in Washington DC.

Re: Ngozi Okonjo-Iweala at the Presentation of Int'l Finance Facility For Education by BuhariLooter(m): 10:13am On Apr 13, 2019
When the APC leader Oshiomhole fights against Okorocha, it is not because of the so-called anti-party activity. It is because of who will be the presidential candidate of the APC in 2023. Tinubu is interested in that. Osinbanjo is interested. Fashola is interested – the Yorubas in the APC want the presidency in 2023. That is the main reason for their support for Buhari.

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