Federal College of Education, Iwo Gets N1.2bn for operation (SEE BREAKDOWN)
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The Federal College of Education, Iwo has been allocated a sum of N1.24 billion in the 2022 budget of the federal government presented by President Muhammad Buhari on Thursday, October 7, 2021 at the National Assembly for approval.
The total allocation of N1,246,270,779 is segmented into; personnel cost: N646,270,779
recurrent cost (overheads): N100,000,000 and capital expenditure: N500,000,000.