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FG Set To Support Private Schools

The Federal Government has announced plans to support privately owned schools in the country.

Speaking on Tuesday, the Vice President, Prof. Yemi Osinbajo announced the plans after a meeting with some beneficiaries of the Transport and Payroll Support components of the MSME Survival Fund which is a component of the Economic Sustainability plan.

“I had the priviledge of meeting with some beneficiaries of both the Transport and Payroll Support components of the MSME Survival Fund (a component of the Economic Sustainability Plan)”.

“In drafting the plan and design, we looked at certain critical sectors of the Nigerian economy that required intervention in the wake of the fallout of the COVID-19 pandemic. We identified the education sector and recognized the need to support private schools.”

The V.P. announced the appointment of Mrs Ibukun Awosika, Chairperson of First Bank Nigeria as the co-chair to the MSME Survival Fund after being vouched for by the Minister of State for Industry, Trade and Investment, Amb. Mariam Katagum.

He stated that the appointment was to bring in private sector discipline into the process.

“At the urging of Hon. Minister Amb. Mariam Katagum, we brought in an important private sector player– the Chairperson of First Bank Nigeria, Mrs Ibukun Awosika, to co-chair the MSME Survival Fund, so that we could bring in private sector discipline into the process.

“I appreciate the feedback from both the private school owners under Payroll Support and beneficiaries from the Transport sector. We will look at the suggestions raised and see how they can be addressed.” he said.

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Festus Ezeifedi Chukwuemeka

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