Not less than N33 trillion ($80 billion) is required to fund the North East Stabilization and Development Master Plan 2020-2030, the Managing Director of the North-East Development Commission (NEDC), Mohammed Goni, disclosed on Thursday.
Goni, who spoke at the Presidential Villa, Abuja, when he appeared on the weekly Ministerial Briefing organised by the Presidential Communication Team, also said the 10-year master plan would address humanitarian challenges facing the crisis-ridden region.
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According to him, the Commission hopes to raise 20 percent of the estimated fund through budgetary allocations while the balance would be sourced from the private sectors, development partners and donor agencies.
The NEDC boss also lamented the dearth of teachers in the region disclosing that about 40 percent of teachers there has either been killed in the insurgency or displaced over time.