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Published On: Fri, Nov 24th, 2017

Association drums support for bank of education

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By Osaigbovo Iguobaro, Benin

The National Association of Proprietors of Private Schools (NAPPS), has called for the establishment of Bank of Education to promote better funding of education in the Country.
It assured that the development would adequately cater for rising education demands and meet the 26 percent of national budgetary allocation to education benchmark by the United nation Scientific, and Cultural Organisation (UNESCO).
This revelation was contained in a Communiqué issued at the 11th annual Conference of NAPPS which was jointly endorsed by Tonye Aberekimima, Godspower Imiete and nine others and made available to newsmen in Benin City, the Edo state Capital.
NAPPS in the Communiqué, challenged its members to develop innovative ways of raising funds to enable schools to cope with the buying power of multiple levies, and high interest lending rate by Commercial Banks in Nigeria.
It urged private schools Proprietors to strictly adhere to Curriculum and academic projects which would enhance the performance of students/pupils and avoid duplication of functions and reduction of overhead cost without compromising academic standard.
The Communiqué said NAPPS has been amended and passed into law on November 16th 2017 at its National Executive Council (NEC) meeting which okayed 4-year tenure for its officers.
It explained that a 12-member Board of Trustees, comprising two officers across the six geo-political zones in the Federation were also elected and unveiled at the well attended Conference.

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