Korea hands over $15m model school to FCT
As part of efforts to further strengthen partnership especially in the education sector, the Korea International Cooperation Agency, KOICA, has built and handed over an ultra-model school valued at $15 million to the Federal Capital Territory Administration.
Also, Nigeria and other African countries are to benefit from the $5bn financial package recently pledged by the government and people of Korea in the next two years to boost their economies, the Ambassador of the Republic of Korea, Major-General In-Tae LEE, rtd, has said.
The ambassador gave the details in a message at the handover ceremony of the $15 million first phase model school project along Lugbe Road.
In-Tae LEE said that since the establishment of diplomatic ties in February, 1980, the Federal Republic of Nigeria and the Republic of Korea have fostered close and cordial relationship.
''In 2017, bilateral trade volume reached $2.62 billion and Nigeria emerged as Korea's second largest trading partner in Africa. In Nigeria, KOICA provides assistance through projects and training programmes including the Master's Degree scholarships and short training programmes as well as emergency relief aid,'' he revealed.
He said that in the area of development cooperation, the Republic of Korea, through the Korean International Cooperation Agency, KOICA, has continued to make efforts to establish a solid foundation for a win-win development, while sharing Korea's development experience.
In his speech, the Federal Capital Territory, FCT, Minister, Muhammad Bello, said the completion of the school was made possible by a joint efforts of the FCT, the Korea government and the Universal Basic Education Commission, UBEC.
Bello said that this has become necessary in view of providing conducive atmosphere and quality education to the children around the community.
Earlier, the the KOICA Country Director and Regional representative, Sook Hyun Park, said that the project was undertaken because ''the attendance rate for primary schools in Nigeria was calculated at 60.9 percent in 2016, drop-out rates are the highest in the world according to UNICEF, teachers are not paid for months at a time in some states and the desirability of the profession has diminished.”