He told a one-day meeting between UBEC and the organised private sector that the ₦100 billion the Federal Government spent annually on basic education was no longer adequate to run basic education.
Boboyyi stressed that notwithstanding huge sums of money the Federal Government spends on education, the sector required additional resources to deliver quality education.
He called on the private sector to appreciate the importance of educating children from their tender ages so they could contribute to national development.