NDI Executive Briefing
Transcript: Olumide David Executive Director Niara Development Initiative BOT BRIEFING INTRO SUMMARY The Niara Development Initiative (NDI) is part of Niara Africa, an ecosystem for inspired innovation to solve socio-economic problems in Africa. NDI has been set up to create and build capacity for transforming communities, while also providing project management for transformative initiatives among collaborating agencies. What drives us WHAT DRIVES US To become a collaborative platform supporting stakeholders in the execution of transformative projects in African communities. OUR IMPACT Impact Development acceleration without compromising human well being and community enrichment. Key elements Key components Research & Data generation Capacity building Project Management and execution CURRENT STATUS DIVING DEEPER NDI kicked off April 17, 2019 to respond to the emergency situation occasioned by the collapsed building on Massey Street Ita Faaji, Lagos Island Legal Structure Legal Structure Name is already registered We now have 3 trustees and one executive director. We are in the process of effecting the recent change of trustees with CAC We have an account with StanbicIBTC bank, however until the CAC ratification of trustees come through we can't process out flows. STATE OF ACCOUNTS STATE OF ACCOUNT Total Balance June 11, 2019 - N2,530,944.75 Total Inflows - N2,536,100.00 150,000 - funds - schorlarship for Kehinde Adeyemo 450,000 - From HOP (schorlarship& rent for above 886,100 - Lagos Mums towards school fees 50,000 - Annoymous donor Total Outflows - N5,155.25 search fees and bank charges Ita Faaji Intervention Ita Faaji Intervention Provided coordination during rescue efforts Liason with LIEDAC, LASEMA and other agencies Got victims camped at Igando Hospital visitations Getting Children back in school LASEMA Camp SUMMARY - Camp closed down earlier than schedule - We negotiated LASEMA to give funds as relief to victims - Victims were presented with funds at a publicized ceremony at Igando on May 28, 2019 Approximately N20 million was disbursed, Relatives of deceased who also lost property receiving as much as N700,000, least amount paid was N100k SUMMARY - St Mary's Private School, Ajele offered placement for students able to return - Tests were done and tellers collected Ita Faaji BACK TO SCHOOL TESTIMONIALS PERSONAL PROFILES NEXT STEPS TIMELINE
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