President Nana Addo Dankwa Akufo-Addo has disclosed that, the use of some of the country’s oil revenues to fund the Free Senior High School policy, which is guaranteeing all Ghanaian school-going school access to senior high school education, is most appropriate.
According to President Akufo-Addo, “We are using some of the income from our oil revenue to fund the programme. I believe strongly that this is the most equitable and transparent use of the oil revenue, instead of it finding its way into the pockets of politicians and bureauAkufocrats.”
As a result of the implementation of the Free SHS policy, the President stated that his Government is laying a strong foundation for an educated and skilled workforce of the future, adding that “we are investing in our future scientists, engineers, modern farmers, innovators, entrepreneurs, and transformation agents!”
President Akufo-Addo made this known on Friday, 11th May, 2018, when he delivered the keynote address at the 2018 Oxford Africa Conference, at the University of Oxford.
This year, the Akufo-Addo government has announced that it will spend some GH¢453 million ($103 million) of the country’s oil revenue on funding Free SHS, more than double the amount spent last year on funding the policy.
Addressing the gathering on the theme “Enough Rhetoric: Catalysing an Era of Concrete Action”, the President stated that his administration has embarked on shifting the emphasis in education to ensure that science, technology, engineering and mathematics drive all sectors of the economy.
“We are committing resources to basic and applied science and engineering to ensure that we are able to meet the critical need for technicians and engineers. This process encompasses also a scaling up of technical, vocational and education training to supply the skills needed to build a modern economy,” he added.