Aiteo pledges N500m education fund for Bayelsa

Aiteo Eastern Exploration and Production Company Ltd., has pledged N500 million and partnership with the Bayelsa State Education Trust Fund (EDTF) to boost standard of education in the state. Executive Vice Chairman of Aiteo Group, Mr Benedict Peters at the official launching of the EDTF in Yenagoa this week also said it will support the […]

Aiteo Eastern Exploration and Production Company Ltd., has pledged N500 million and partnership with the Bayelsa State Education Trust Fund (EDTF) to boost standard of education in the state.

Executive Vice Chairman of Aiteo Group, Mr Benedict Peters at the official launching of the EDTF in Yenagoa this week also said it will support the indigent children to acquire free qualitative education.

Peters who was represented by a manager, Mr Victor Okoronkwo, said Aiteo decided to support the fund to help make the board become a world class educational intervention agency driven by stakeholder participation and contribution for sustainable and enhanced standard of education.

He said: “We have followed the progress of the Bayelsa Education Trust Fund from inception and celebrate the Professor Turner Isoun led board who raised N800m in their first 10 months of operation to empower indigent children with access to free and qualitative education. This is a clear indication of your commitment to the tasks ahead.”

The firm said education was fundamental to unlocking the world as it is a passport to self-fulfilment and purpose.