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Home Press Release

Nigeria Stock Exchange donates N10m to Maisandari Alamderi Model School

by Admin
May 28, 2019
in Press Release

A Maiduguri based school,the Maisandari Alamderi Model Nursery and  Primary School, has become the beneficiary of a N10 million donation by  The Nigerian Stock Exhange (NSE), part of a three-year funding scheme  for the administration and maintenance of the school which it donated to  the Borno State government in 2017, to help internally displaced persons  (IDPs).

The Nigerian bourse said in a statement it made available to business  a.m. that the donation was part of its corporate social responsibility  (CSR) programme. The school is located in the Abuja Talakawa District of  the city, the NSE stated.

Bola Adeeko, the NSE divisional head for shared Services, in the  statement said that NSE is convinced that education was key to unlocking  Africa’s greatest potential, hence its huge investments in its  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 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,” Adeeko added.

According to the NSE, the Bornu school initiative, in its 18th month of  existence, has received positive feedback and testimonials from  community leaders and parents as it continues to make giant strides,  having directly impacted over 200 families, recorded zero dropout of the
250 pupils enrolled (141 boys and 109 girls); improved learning outcomes  in speaking, reading and writing among the pupils – many of the pupils  that had never attended any formal school before are now reading English  texts fluently and unaided; upskilled teachers with technology-based
delivery of the standardized curriculum and zero security breach or  negative developments in the school.

“The achievements recorded have been made possible by the critical roles  played by our implementing partner, Bridge International Academies, the  Borno State Government, SUBEB Chairman, Local Government and other stakeholder who are committed to sustaining the impact of this project.
We are currently working to expand this intervention and hope that other  organizations and individuals can join us in our efforts to increase access to qualitative education for the IDPs,” Adeeko further said.

Adesuwa Ifedi, vice president of policy and partnerships in Africa for  Brige, who are working with the NSE on the project, expressed  satisfaction with the Borno School project. “Bridge is proud to be  partnering with NSE to realise its vision of providing quality  life-changing education for former IDP children. Since inception, the  Borno school has had a significant impact on the entire community,  strengthening basic education for a more sustainable and brighter  future. Our specialized 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 to  ensure every child has the opportunity to be educated”.

The Nigerian Stock Exchange said it was committed to fostering  partnerships in developing new initiatives along its four CSR pillars,  namely, Marketplace, Workplace, Community and Environment. “This dynamic  approach will continue to provide opportunities for the often neglected  in the community to live a deserving life,” it stated.

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