The Executive Secretary, Universal Basic Education Commission, UBEC, Hamid Bobboyi made this known at a 5-day financial training for SUBEB Chairmen and Board Secretaries in Ibadan.

Bobboyi said the increased matching grants to the states for infrastructural projects was realised from the two per cent consolidated revenue fund allotted for basic education in Nigeria.

He said the approval followed the passage of the 2024 Appropriation Bill, which was assented into law by the President.

He noted that states were previously getting about one point billion naira per year, as matching grants, but the grant has now been jacked up to three point three billion naira.

Bobboyi, however, urged state governments yet to access the 2023 matching grant with the commission amounting to one point four billion naira as of July 1, 2024, to do so.