The Anambra State Government has dismissed reports suggesting that the state was expecting a whopping sum of N41bn for the development of basic education.

The government made the denouncement on Thursday in a statement by the chairman of Anambra State Universal Basic Education Board (ASUBEB), Patrick Ugboaja.

The State Government while describing the reports as fake, said the claim is too wild for any critically thinking Nigerian to believe.

It also expressed its disappointment that the sensational story has turned a subject of commentary by politicians contesting the November 6 gubernatorial election in Anambra State.

Giving further clarification, the government reiterated that there is no N41B accruing to Anambra State in the office of the Universal Basic Education Commission (UBEC) in Abuja.

It explained that the State has long accessed all its monies from UBEC up to 2018, adding that the monies are always paid in arrears.

“What is outstanding now is our monies for only 2019 and 2021 which total four billion four hundred million naira (N4.4BN). Efforts are being made to access the N4.4BN,” the government stated.

The government, however, reassured of its commitment to quality education in the state.

“Education is a most critical industry in Anambra State, and the State Administration treats everything concerning education as sacred, no state throughout Nigeria has the record of global competitiveness and excellence in basic education which Anambra State has achieved in the last seven years. We will not only uphold this record but also improve on it,” the statement added.