The TY Danjuma Foundation has called for local investors to help finance projects for local nongovernment organisations working to improve health and education in Nigeria.
It came as the foundation gave out N156.3 million to 17 local NGOs working on 18 separate health and education projects in four states.
More than 250 proposals were sent in but the foundation chose only 18–about 7% of all proposals–it said were "quality, necessary and important," said chief executive officer of the foundation, Dr Sunday Udo.
Speaking at the grant signing ceremony in Nasarawa, Udo, said the number of proposals the foundation received had been increasing year on year.
"It just tells you the enormity of the challenge out there. There’s a huge need in the areas of health and education.
"We should be our brother’s keeper. We should be able to participate and engage. The gap is huge and one person can’t do it all."
"We know what’s happening in the economy today. People really need support," said Udo.
Some 65% of the projects getting funding will work in community health, nd the others in educational and skills training across 22 communities in Taraba, Edo, Kebbi and Benue.
In the second year running, some of the projects will target internally displaced people, including one to train counsellors to offer psycho-spiritual therapy for resident s of the north est traumatised by Boko Haram and leaving their homes to live in camps for displaced people.
The foundation uses a multi-million dollar endowment by its founder Theophilus Danjuma to finance community development projects by local NGOs.
Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.
