The Managing Director and Chief Executive Officer, Nigeria Sovereign Investment Authority (NSIA), Mr. Uche Orji has expressed excitement about the investment the organisation is making in NewGlobe- supported schools in Nigeria, saying that it has gone a long way in providing access to quality education for children from low-income homes.
Orji, who made this known recently while speaking to journalists on the performance of Nigeria’s sovereign wealth fund in 2020, noted that the authority has been investing for the benefit of Nigerians.
He highlighted some new investments NSIA is set to make that will further help transform the Nigerian economy.
According to him,
“our investment in NewGlobe-supported schools delivers high quality education to children from low-income homes. This is a fantastic programme. The children are taught using a world class curriculum.
The result so far has been stunning.
The literacy and numeracy level of the beneficiary kids have gone up. We believe that very soon we will start to make profit from our investment in the project.”
Orji’s statement supports the UK’s Department for International Development (DFID) independent report, that there is equity of learning in NewGlobe- supported schools, regardless of the child’s socio-economic status. The report revealed that pupils supported by NewGlobe in Lagos are demonstrating higher achievement than their peers in other low-fee schools or public schools.
According to the report,
“In literacy, students at NewGlobe- supported schools perform better than pupils at other private schools (by 0.35 standard deviation) and public schools (by 1.38 standard deviation).”
The managing director said this shows that newGlobe- supported schools are helping children from poor families in Lagos to learn, improving access to quality education and providing the best overall learning attainment in the local communities.
NewGlobe supports a network of nursery and primary schools in underserved communities in Lagos and Osun State, creating opportunities for children to grow and explore their potential.
This article appeared originally on Nation Africa, June 9, 2021.
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NewGlobe in New Delhi has shared services teams, including Marketing, Academics, Talent Acquisition, Policy & Advocacy, and New Opportunities.
The Marketing team develops and executes strategic marketing initiatives, while the Academics team focuses on effective instructional design as well as high-quality educational content.
The Talent Acquisition team ensures NewGlobe India attracts and retains top talent, while the Policy and Advocacy team liases with stakeholders that support the organization’s mission. They all work closely with offices around the globe to optimize operations across the organization.
NewGlobe operates shared services teams in Hyderabad, with a focus on transforming education in under-resourced communities.
The teams include Technology (Software Development, IT Operations, etc.), Academics (Instructional Design, Production), People, Talent Acquisition, and Finance. Through their collaboration, NewGlobe effectively delivers high-quality education to remote and marginalized populations across India.
