Definition of Terms
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.
- Becomes insane.
- 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.
ELIGIBILITY
- 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:-
- Indigeneship.
- Family background.
- Educational Qualification.
- Admission Requirements.
- Candidate’s Character.
- 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.
ARTICLE V
- 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 disbursements
- 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.