The Chairman, Mangal Group Dahiru Mangal, has donated N1billion to Yobe State in support of its programs towards revitalizing the education sector in the state.
Mr Mangal made the donation on Thursday during the Yobe State Government Education Appeal Fund Raising Event in Abuja.
Similarly, the Chairman, Dangote Group of Companies, Aliko Dangote, donated N350million; Nigerian Governor’s Forum donated N350 million, while Tahir Group of Companies also donated N100 million.
Speaking during the launching, Governor Mai Mala Buni stressed that the task of rejuvenating education in the state is far beyond the traditional treasury capacity of the state, hence the need to look elsewhere for support.
He said, “consequent to this challenge, we decided to approach your good selves, our potential benefactors, through this education fundraising event to seek your support, in cash and/or in kind of endowment seed fund to an estimated value of N25billion.”
According to Mr Buni, the fund so generated would be channeled towards developing and maintaining a high standard of education philosophy; education policy; legal, regulatory, and institutional arrangement in the Basic and Secondary Education sub-sector.
Other areas include: “Eliminate the problem of out-of-school children; maintain the highest standard of enrolment, attendance, and retention with special attention to girls’ education.
“Improvement of the adequacy in quality and quantity of teachers and para-teaching personnel.
“Evolution and maintenance of standard teaching and learning environments (i.e., infrastructure, material and equipment).
“Build partnerships with Educational Institutions, multilateral development Institutions and bilateral Assistance Agencies; corporate and public organizations with a view to raising support and building capacity to achieve the set revitalization objectives.
“Ensure prudential management of and reporting on all the resources associated with the Education revitalization initiative in accordance with best international practices, through an independent Board of Trustees set up under the CAMA.”