Old students of Federal Government College, Maiduguri, are working to raise N10 billion in funds for empowerment.
More than 5,000 old students of the school around the world are to raise the fund in the next 10 years to support alumni and the school.
President of the Federal Government College Maiduguri Old Students Association (FEGOCOMOSA), Suleiman Mohammed Dikwa, said the N10 billion fund is an investment fund Cooperative Safety Net for members to secure loans for various businesses and entrepreneurship programmes.
He added the association had reached an agreement with Sterling Bank on how members could secure financial loans ranging from N250,000 to N50 million through the fund.
“We are looking at the welfare of old association and also to help the federal government college where were made; so the N10 billion investment will go a long to actualize this, we are committed to support this school to become world class, ”
“We are delighted to receive the news that Gov. Zulum enrolled 150 students from education disadvantage(north) of the state into Federal College, this is a right step in the right direction. We solicit for assistance from the governor to help us, so that students can enough facilities, the school needs more infrastructure,” Dikwa appealed.