The Executive Governor of Delta State, Ifeanyi Okowa, has revealed that the state government is ready to establish an Education Endowment Fund for primary and secondary schools in an offer to move the education sector forward.
Gov. Okowa, who made the disclosure in Asaba during the Annual Conference and General Meeting of the Delta State chapter of the Institute of Strategis Management, explained that since the education sector was the backbone of society, Delta government had decided to set up an endowment fund to ensure that indigenes of the states had access to quality education under a conducive learning environment.
“The education sector is very vital to our economy because it is the breeding ground where future doctors, lawyers, even governors, are groomed and nurtured.
“However, if we are faced with recesssion again, subventions to schools will be reduced and maintenance of our schools and ensuring that our pupils get the best education will be restricted but if our schools had endowment funds, 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 public schools across the state,” Okowa stated.
The State Governor, who was represented by the Commissioner for Higher Education, Prof. Patrick Muoboghare, stressed the importance of partnership between the state government and the private sector to improve the economy of the state.
He also explained that the development of any sector could not be achieved by the government alone but required the input and support of the private sector.
“As a government, we have been doing our very best to improve our economy and strenghten our infrastructure but we cannot do it alone, we not only need the partnership of the private sector but we have to ensure that policies that have been strategically designed to improve our economy is implemented,” Okowa added.