FG urged to assist private education institutions
The federal government has been called upon to create a special intervention fund to assist proprietors of private primary, secondary and tertiary educational institutions in the country in view of the difficulty and limited access to credit facilities from commercial banks.
Proprietress of Hasab Heritage School, Mrs Hassanat Abubakar, who made the call at the 4th graduation and prize –giving day ceremony of the school in Abuja, said the education intervention fund being proposed should be tailored after the Textile Resuscitation Fund and Nollywood Entertainment Industry Fund.
According to her, the Bank of Industry can be mandated to provide the fund from which private school owners can obtain soft loans to develop infrastructure and procure learning facilities for their schools.
The private school owners run more than 70 percent of primary and secondary schools nationwide, she said, stressing that they should be encouraged and supported by government because of the vital role they play in filling the gap in school enrolment and improving high standard education in the country.
Mrs. Abubakar said the gradaunds of the school are future leaders and ambassadors of the school, who must continue to strive for academic excellence and moral rectitude.
The proprietress commended parents and guardians of the pupils for discharging their responsibilities as good agents of socialization and character builders.
The chairman of the occasion, who is an educationist, Mr. Idris Usman, commended the management and staff of HASAB Heritage School for maintaining high academic standard and instilling discipline in the pupils.