RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economy

FG Allocates N1.85 Billion for Chibok Girls’ Education and Rehabilitation

Victoria Attah by Victoria Attah
September 5, 2025
in Economy
Reading Time: 2 mins read
A A
0
President Tinubu’s Executive Orders Set to Boost Liquidity in Nigeria’s Forex Market
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

The Nigerian government, under President Bola Ahmed Tinubu, announced a N1.85 billion initiative to support the education and rehabilitation of the rescued Chibok girls through 2027. This program aims to provide comprehensive care for 108 girls currently under government support, with 68 enrolled at the American University of Nigeria (AUN) in Yola.

Program Details

The Federal Ministry of Education outlined that the Chibok Girls Intervention Programme covers a range of services, including tuition, accommodation, vocational training, psychosocial support, medical care, and child and parental assistance. The government will continue to fund the girls’ education at AUN, ensuring their tuition, housing, and related expenses are fully covered.

AlsoRead

FG and CBN Sign Six-Point Agreement to Curb Inflation and Stabilise Fuel Prices

Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show

Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase

Financial Breakdown

The total budget of N1,854,277,768 is allocated as follows:

  • Tuition for 2024/25 Academic Year: N389,666,928 for 68 girls, at N5,730,396 per student.

  • Tuition for 2025–2027: N515,735,640 for 30 girls, covering three years at N5,730,396 per student annually.

  • Vocational Training and Starter Packs: N150,000,000 for 30 AUN students and N195,000,000 for 39 girls (including one graduate), each receiving N5,000,000.

  • Accommodation and Feeding: N117,000,000 for 39 girls during six months of vocational training, at N500,000 per person.

  • Rent Allowance: N16,200,000 for nine girls in Adamawa, at N600,000 each for three years.

  • Child Support: N22,680,000 for nine girls, at N70,000 per month for 36 months.

  • Parental Support: N165,600,000 for 276 girls, at N200,000 each for three years.

  • Medical and Surgical Support: N3,680,000 for one girl, plus N900,000 for travel and logistics and N5,000,000 for pre- and post-surgery support.

  • NHIS Enrollment: N2,815,200 for 68 girls, at N1,150 each for 36 months.

  • Monitoring and Evaluation: N120,000,000 for tracking academic progress over three years.

  • Essentials: N150,000,000 for food, toiletries, sanitary items, and other necessities over three years.

A Commitment to Resilience

The Ministry emphasized that this initiative is more than a financial commitment—it symbolizes Nigeria’s dedication to transforming a tragic chapter into one of hope and empowerment. Despite political challenges, including criticisms from AUN’s proprietor, former Vice President Atiku Abubakar, President Tinubu has prioritized the girls’ education and well-being.

The Ministry called on stakeholders and political leaders to rally behind this effort, highlighting the importance of collective support for the girls’ rehabilitation and future success

Tags: President-elect Bola Tinubu
Previous Post

CBN Establishes New Compliance Department to Tackle Financial Risks

Next Post

Nigerian Exchange Starts Week with N263 Billion Market Gain

Related News

South Africa Poised to Surpass Nigeria as Africa’s Largest Economy

FG and CBN Sign Six-Point Agreement to Curb Inflation and Stabilise Fuel Prices

by Jide Omodele
September 24, 2026
0

The Federal Ministry of Finance and the Central Bank of Nigeria have formalised a Memorandum of Understanding that sets out...

Naira depreciates to N755/$ in the parallel market.

Foreign Exchange Supply Rises 20.5% to $8.94 Billion in 2025, CBN Data Show

by Stephen Akudike
September 22, 2026
0

Nigeria’s foreign exchange supply increased by 20.5 per cent to $8.94 billion in 2025 from $7.43 billion in 2024, according...

Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Lowers Petrol Price to N1,325 a Litre Nine Days After N85 Increase

by Akpan Edidong
September 22, 2026
0

Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit by N25 a litre to N1,325. The cut...

FG Allocates N5.1 Billion for Presidential Yacht and N5.5 Billion For Student Loans

FG Raises N748.64 Billion from FGN Bonds as Borrowing Rates Ease

by Victoria Attah
September 17, 2026
0

The Federal Government raised N748.64 billion from its September 2026 domestic bond auction, with investors showing strong demand for both...

Next Post
Nigerian Equity Market Sees Impressive N1.08tn Wealth Gain Amidst Bullish Trading.

Nigerian Exchange Starts Week with N263 Billion Market Gain

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

DMO Announces Subscription Offering for Federal Government Savings Bonds.

FG Raises N6.69 Billion from September Savings Bond at Rates of Up to 15.12%

September 24, 2026
South Africa Poised to Surpass Nigeria as Africa’s Largest Economy

FG and CBN Sign Six-Point Agreement to Curb Inflation and Stabilise Fuel Prices

September 24, 2026

Popular Story

  • Nigeria’s Debt to China Surges by $800 Million in One Year

    31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows

    0 shares
    Share 0 Tweet 0
  • FG and CBN Sign Six-Point Agreement to Curb Inflation and Stabilise Fuel Prices

    0 shares
    Share 0 Tweet 0
  • FG Raises N6.69 Billion from September Savings Bond at Rates of Up to 15.12%

    0 shares
    Share 0 Tweet 0
  • NNPC under-remitted N78bn to Federation Account – NEITI

    0 shares
    Share 0 Tweet 0
  • Loans Have Always Revived Nigeria’s Economy – Buhari

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>