MUHARAM 12, 1428 A.H.
Tuesday, January  30 2007
 

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Gumel foundation expends N95m on social services
Stories by HASSAN MUHAMMAD


A TOTAL sum of N94, 723, 752 which was transferred to the account of Gumel Emirate Foundation in 1997 by the Gumel Emirate Fund was used in rendering social services to the people of the emirate.
Giving the breakdown of the total expenditure, the chairman, Board of Trustees of the foundation, Alhaji Abdullahi Maikano said at the foundation’s Annual General Meeting, held at its conference hall, Gumel, that the sum of N15, 44, 633 was spent on education, N5, 075, 055 on health, water supply, N52, 009, 719, renovation of central mosque N1, 069, 676 as well as building of a mosque at the secretariat N481,500.
Others included repair and renovation of the secretariat N3, 874,853, flooring of hall and repair of bench N2, 384, 504, cumulative overhead expenses N31, 655, 486, cumulative expenditure from 1997– 2005 N111, 9944 26.
According him, presently, the foundation has N30,000,000 in fixed deposit account at Intercontinental Bank, Bank Road, Kano.
Maikano further explained that the foundation also assisted students of Gumel emirate in pursuing science- oriented courses in Nigerian universities, while surgical equipment were purchased and distributed to the General Hospital Gumel.
The report of the expenditure was given out after Aminu Ibrahim Chartered Accountant Plc observed and accented to it under the legal act which was presented by Musa Isa Idris.
The Board of Trustee of the foundation dissolved itself immediately and set up an interim committee to run the affairs of the board.