Skye Bank Plc has partnered the United Kingdom’s international development agency, the DFID, a non-governmental organisation, ICLED, on an intervention programme to upgrade private schools in low income areas in Lagos.
The programme is aimed at offering a holistic approach to problems faced by low income private schools which include, capital, leadership skills, teacher- classroom strategies, team work, soft skills, among others.
Under the programme, private schools in low income areas in the state will be assisted to upgrade their facilities, including classrooms to make them suitable for teaching and learning.
A statement by Skye Bank described the programme as a welcome development in view of the fact that some private schools lacked the basic facilities and capital to put in place necessary infrastructure which are promote scholarship.
The statement said such schools are located in Ajegunle, Makoko, Amukoko and other areas in the state where the poor reside.
Speaking at the first interactive and training session with the proprietors of the private schools in Lagos, Head, SMEs, Skye Bank Plc, Mrs Ayodele Olojede, stressed the importance of financial planning, good book keeping in the success of any business endeavour.
Olojede said observing the basic rules of proper book keeping would help the proprietors know how to manage their cash flow, cut off waste and spend their money judiciously.
As the financial partner in the intervention programme, Skye Bank is set to spearhead the transformation of the schools in the poor areas so that they can compete with the others where the necessary facilities are available.