The Institute for Education Studies (IFEST) says investment in education both at the private and public levels would yield the needed returns and benefits.
IFEST encourages the relevant authorities to continuously assess the impact of these investments on the various levels of development in the country.
Joining the global community to celebrate the International Day of Education on Tuesday, January 24, 2023, IFEST said it “believes that education is the guaranteed means to bridge the gap of inequality in any society, support the marginalized, and lift people from poverty. It is, therefore, more appropriate the theme for today which seeks to encourage the prioritization of investment in education.”
“Investing in people and prioritizing education should be a clarion call to targeted financing and efficient utilization of scarce resources in the education sector,” the statement added
Background
In honour of education’s contribution to peace and development, the United Nations General Assembly declared January 24 to be the International Day of Education.
Countries will not succeed in attaining gender equality and ending the cycle of poverty that is leaving millions of children, youth, and adults behind without inclusive and equitable quality education and lifelong opportunities for everyone.
771 million individuals worldwide are illiterate, while 244 million children and teenagers are not in school. It is outrageous that their right to an education is being infringed. The moment has come to reform schooling.
