Delta to set up education endowment fund



s part of commitment of his administration to move the state’s education sector forward, Delta State Governor, Ifeanyi Okowa, has disclosed plans by the state government to establish Education Endowment Fund for the development of schools.



The governor, who spoke in Asaba during the Annual Conference/General Meeting of the Institute of Strategic Management of Nigeria, Delta State chapter, explained that since the education sector was the bedrock of development of any society, the state government would set up an Education Endowment Fund to ensure that the people have unfettered access to quality education in a conducive learning environment.



The high point of the conference was the conferment of the “Professor Austin Uwandulu Strategic Management Award” on Governor Okowa in recognition of his pragmatic leadership qualities.



“The education sector is very vital to our economy as the breeding ground where doctors, lawyers and even future governors are groomed and nurtured. And, if we are faced with recession again, subventions to schools will be reduced while maintenance of the schools and ensuring of provision of best education will be restricted. But, if our schools have endowment fund with or without the allocations, the schools will be well taken care of. So, with that in mind, the state government will soon be establishing the Education Endowment Fund for schools across the state,” the governor said.



The governor, who was represented by the Commissioner for Higher Education, Prof. Patrick Muoboghare also stressed the importance of partnership between the state government and the private sector to improve the economy of the state.


He further explained that the development of any sector could not be achieved by the government alone, saying it required the input and support of the private sector.



Okowa added: “Although, our economy has recovered from recession, it could only improve when investments are brought into the country, while policies that will strategically strengthen our economy are implemented.



“As a government we have been doing our very best to improve our economy and strengthen our infrastructure, but we cannot do it alone. We do not only require the partnership of the private sector, but we also have to ensure that policies that have been strategically designed to improve our economy are implemented.


“We do not need strategists, we need to make policies that are innovative and which are in line with global trends.”


He commended the institute for the conference, saying that “this meeting is timely and it is my belief that at the end we will have more solutions to tackle the challenges facing our economy.


The National President of ISMN, Dr. Emman Oyeka stated that the conference was designed to discuss innovative ways to address the economic challenges facing the country, even as he added that “we need outside the box ideas that will radically improve our economy.”


In the conference lecture, entitled: “Unlocking Opportunities For Economic Development in Nigeria in Line With Global Trends: A Strategic Approach,” Mr. Michael Uwaechie, explained that growing the economy would not only involve the partnership between the state government and the private sector, but also human capital development and policies that will foster the development of the economy are seeing to be implemented.

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