Oando PLC Foundation Appointed to Federal Education Working Group

Oando PLC disclosed that its independent charity, Oando Foundation, attended a private sector roundtable convened by the Federal Ministry of Education (FME) and supported by the Global Partnership for Education (GPE). The roundtable resulted in the establishment of a formal public-private working group, to which Oando Foundation has been appointed as a member.

The working group is tasked with mobilising resources, shaping policy, and coordinating private sector participation in Nigeria's national education objectives. Its stated focus areas include reducing fragmentation, improving accountability, and unlocking sustainable financing mechanisms.

Oando Foundation already leads the Education Cluster within the Private Sector Advisory Group Nigeria (PSAG). Since its founding in 2011, the Foundation has reported reaching over one million beneficiaries across 324 public primary schools in 24 states. Its current operational strategy is called LEARNOVATE, which targets foundational literacy and numeracy, climate-conscious education, and sector-wide advocacy.

The filing referenced Nigeria's statistic of approximately 14.8 million children currently out of school and noted that recent government reforms have aimed at increasing allocations to the Universal Basic Education Commission (UBEC). No financial figures specific to Oando PLC's balance sheet or investment commitments were disclosed in this filing.