Nigeria's Permanent Representative to the United Nations, Ambassador Jimoh Ibrahim , has called for a bold global debt-for-education swap initiative to enable developing countries invest more in education without undermining their debt obligations. According to a statement issued by his media office in New York, Ambassador Ibrahim made the proposal at the UNESCO Conference on System Transformation and Resilience for Sustainable Development Goal 4 (SDG 4) in Paris, France, where global leaders gathered to explore sustainable financing for quality education. Speaking at the conference, the United Nations envoy, said the growing debt burden on developing nations was steadily eroding investments in education, as governments were increasingly compelled to channel scarce resources to debt servicing rather than building schools, recruiting teachers, expanding access to learning and improving educational infrastructure. He noted that many developing countries now spend more on serv...