AFED Urges Balance Between Quality Education And Financial Stability

The Association For Formidable Educational Development (AFED) has underscored the need for financial management to maintain quality education despite economic challenges

The Association of Formidable Educational Development (afed“>AFED) has emphasized that achieving quality education amid economic instability requires careful financial management and strategic planning.

Speaking at the second edition of its Educational Forum, the keynote speaker, Prof. Sikiru Tayo Subair, noted that this requires a multifaceted approach, encompassing strategic resource management, technological innovation, collaborative leadership, and supportive policy frameworks.

He also stressed that the increasing integration of digital technologies and the shift towards lifelong learning models will reshape how education is delivered and financed.

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Subair also advised school owners to cultivate resilience by developing flexible budgeting systems that can easily respond to economic shocks without compromising quality.

He also urged the government and educational policy makers to create an environment that can encourage innovation, accountability and flexibility

The event, which was held at Digital Bridge Institute, Cappa, Oshodi, was themed: 

“Building Resilience: For Quality Educational Delivery and Steady Finance Growth.”

The National President of afed“>AFED, Emmanuel Orji, noted that the event represents their commitment to the collective mission of promoting education and financial growth.

“This is an annual forum for us to review some of the steps we have taken in the past and also some other steps we need to take to ensure that we enhance our school and, at the same time, open up potentials that will enable Nigerian children to have access to education,” Orji said.

Speaking on the theme of the event, the Lagos State Controller, Mr. James Lartey-Lartey, said it is a call to action, a challenge to rethink strategies, and a reminder that resilience is not just a trait but a necessity for educators, students, and institutions alike.

In today’s fast-changing world, resilience is no longer a luxury; it’s a requirement. It’s the ability to adapt, innovate, and thrive in the face of adversity. It’s about creating a learning environment that fosters creativity, critical thinking, and emotional intelligence.

The Communication and Media Director, afed“>AFED Lagos, Olatunji Sufi, noted that finance poses a major problem in the educational sector, especially for the private school owners.

He added that getting a loan from most of the financial institutions is taxing.

He stressed that what school proprietors need is not high-interest loans but accessible funding to sustain their institutions.

According to him, most private school owners are low-income earners committed to educating underprivileged children, making them vital partners in national development.

Editorial Note

This report was produced by the editorial team at The Gazette News | Latest News In Nigeria & the World in line with our commitment to accuracy, fairness, and responsible journalism. Information in this article is based on verified sources available at the time of publication. The Gazette News | Latest News In Nigeria & the World may update the story as new facts emerge or additional context becomes available.

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