The government of Oyo State has approved a sum of N526 million as running costs for its 2,500 primary schools and about 640 secondary schools.

According to the Chief Press Secretary to Governor Seyi Makinde, Mr. Taiwo Adisa, a sum of N400 million has been advanced to the secondary schools, while the primary schools got the sum of N126 million.

The amount is to cover the running grants of the schools for the first term of the 2019/2020 academic session.

According to the state government, Principals of secondary schools, as well as Heads of primary schools across the state, have been mandated to open accounts to receive the running grants.

 It was gathered that the N126 million approved for the primary schools has been released to the heads of the various schools.

Whereas the Ministry of Education is managing the disbursements to secondary schools, the State Universal Basic Education Commission(SUBEB) is handling the disbursement to primary schools.

The government charges all stakeholders in the school system to judiciously apply the funds adding that they should also take note of the fact that the government will demand accountability on every kobo released to the schools.

The government promised to deal decisively with anyone caught attempting to derail the free and qualitative education policy or extorting students under whatever guise.

There are 640 secondary schools spread across the state, which have already started benefitting from the N1, 000 per child per term budget for the schools.