The Nigerian Stock Exchange (NSE) on Tuesday disclosed it donated N10 million to the Maisandari Alamderi Model Nursery and Primary School, located at the Abuja Talakawa District of Maiduguri, Borno.
The donation is to help Internally Displaced Persons (IDPs), which is part of the NSE’s Corporate Social Responsibility (CSR) programme, NSE statement said.
Speaking on the development, Mr Bola Adeeko, Divisional Head, Shared Services, NSE, said the exchange, due to its conviction that education is key to unlocking Africa’s greatest potential, invests hugely in educational intervention programmes.
He said the donation was in fulfilment of its commitment to a 3-year funding scheme for the administration and maintenance of the school which it had donated to the Borno State Government in 2017.
“As an organisation, we are convinced that education is key to unlocking Africa’s greatest potential, hence our huge investment in educational intervention programmes.
“We will continue to do our best to create community focused initiatives to support the United Nations Sustainable Development Goal (SDG) number 4, which seeks to achieve inclusive and equitable quality education for all by 2030.
“We donated to the Maisandari Alamderi Model Nursery and Primary School not just to provide quality education in the IDP camp, but to also create a model for educational experience for vulnerable children in underserved and crisis-prone communities
“In its 18th month of existence, the Borno school initiative has received positive feedback and testimonials from community leaders and parents as it continues to make giant strides, having directly impacted over 200 families.
“It has recorded a zero dropout of the 250 pupils enrolled (141 boys and 109 girls) as well as improved learning outcomes in speaking, reading and writing among the pupils.’’
He lauded the critical roles played by implementing partner, Bridge International Academies, the Borno State Government, SUBEB Chairman, Local Government and other stakeholders who are committed to sustaining the impact of the project.
He said efforts to expand the intervention was ongoing and expressed hope that other organisations and individuals would join in their efforts to increase access to qualitative education for the IDPs.
Adesuwa Ifedi, Bridge Vice President of Policy and Partnerships in Africa, said: “Bridge is proud to be partnering with the NSE since its inception.
“The Borno school has had a significant impact on the entire community, strengthening basic education for a more sustainable and brighter future.
“Our specialised training and learning content has helped local teachers embrace new teaching techniques to transform learning outcomes for their pupils.
“While thanking the NSE for its generous donation to this great course, we hope to sustain our partnership with NSE to extend this intervention to other states, particularly in the North-East.
“This is to ensure every child has the opportunity to be educated,” she said.
