Agaie :- Is a town between Bida and Lapai in Niger State, North Central – Nigeria.
Agaie Emirate :-Is one of the Fulani Dynasty under Gwandu Emirate founded in 1820. AD.
Applicant :-A person who duly request for sponsorship by NUHU LAFARMA FOUNDATION through application form.
Beneficiary :-A person whose request has been approved by the Board of Trustees.
Board of Trustee :-A committee of five or more that manage the foundation.
Common Seal :- An authority for sealing all documents to be executed by the Trustees.
Donor :- A person or organization who contributes to the FOUNDATION.
Indigene :- A person who hails from Agaie Emirate by birth.
Mall Muhammadu Mall Babba :- The founder of Agaie Emirate.
Nuhu Lafarma :- Refers to Alhaji Etsu Nuhu 11 (O.O.N), The late Lafarma Agaie.
Patron :- Appointed honorary person of the Foundation.
Referee :- An indigene who stands as Surety for an applicant.
RULES AND REGULATIONS
There shall exist a Board of Trustees to be appointed at a general meeting by two-third majority votes of members present at the meeting.
Such Trustees (there in after referred to as “The Trustees”) shall be at least 5 in number and shall be known as THE REGISTERED TRUTEES OF NUHU LAFARMA EDUCATION FOUNDATION.
The trustees may hold office for life but shall cease to hold office if he/she:-
Resigned his/her office.
Is officially declared bankrupt.
Is recommended for removal from office by a board of Trustees Majority vote of members present at any General Meeting of NUHU LAFARMA EDUCATION FOUNDATION
The foundation shall have a common seal, which shall always be in possession of the Chairman or Secretary.
Such common seal shall be produced when required for use by the Trustees.
All documents to be execute by the Trustees shall be signed and sealed with the common seal.
Auditor(s) shall be appointed at the general meeting to audit the account of the organization annually.
Potential candidates shall acquire and fill NUHU LAFARMA FOUNDATION forms through the website or from the foundation’s headquarters.
Completed forms shall be forwarded to foundation headquarters within one month.
The Board of Trustees shall meet quarterly to consider the candidates. At least 3 members of Trustees shall be present at the meeting.
The Board shall crosscheck candidates’ requirements such as:-
Candidates shall present at least 3 referees of unquestionable character. The referees must be indigenes of Agaie Emirate.
Benefits from the foundation are privileges not rights and could be withdrawn at any time.
Members of the foundation have the right to recommend candidates (beneficiaries) to the board of Trustees.
This constitution shall remain the legal document of the foundation and must be referred to in all foundation matters.
WHEREAS, provision is not made to adequately address a particular matter, the board of trustee shall convey a meeting to make legislation in that respect through a simple majority of members at a general meeting.
WHEREAS, a particular section of this constitution becomes irrelevant or requires modification, the board of Trustees meeting shall convey to make amendment through a simple majority of members at a general meeting.
WHEREAS, the Board of Trustees shall have the sole power to make laws, inputs could be accepted from members and external bodies.
The Board of Trustees shall employ other professional bodies such as Auditors, Legal Adviser, etc to perform special functions.
Fund shall be disbursed only if approved by the board of Trustees.
Fund shall be disbursed directly to the beneficiaries through cheques.
Fund could be disbursed to institutions where beneficiaries study if necessary.
Account in the be opened in the name of NUHU LAFARMA EDUCATION FOUNDATION with the current Chairman and Secretary signatories.
Fund shall be disbursed annually (once) on semester basis, (twice) and per term (thrice) to the beneficiaries as the situation dictates.
The foundation’s account shall be audited by external auditors and quarterly by the internal auditors. Statement of account shall be made public through annual gazette.
There shall exist a foundation through this act assist the less privileged indigenes of Agaie Emirate. This shall enable them achieve their future ambition through formal and informal education.
The foundation shall be referred to as NUHU LAFARMA.
The foundation shall be identified by the motto EDUCATION IS KEY TO SUCCESS.
The foundation’s temporary headquarters shall be at ETSU NUHU PALACE, AGAIE whereas; the permanent headquarters shall be at LAPAI ROAD, OPPOSITE WATER BOARD, AGAIE.
WHEREAS, the foundation shall have an E-mail address, a website shall be most appropriate. Both e-mail and website of the foundation shall be promulgated in due course.
United Bank for Africa (UBA) Plc shall be the Foundation’s Bankers. All donations shall be through the bank account.