Plans: As we announced previously, we are working with our Graceland International School (GIS) partners to build dorms for students who live too far away to commute daily. AEP decided to focus on providing a dorm for girls first and promised to fund the boys’ dorm in the future.
Reality: When our partners began construction, they discovered that the cost of iron reinforcement and cement almost tripled in price from the original estimate. Concerned about the potential for increasing supply chain issues and soaring costs due to double-digit inflation, our trusted partners needed to make a spot decision, based on facts and circumstances, to purchase the materials for both dorms as well as the kitchen and dining hall, even though it exceeded our 2021 funding plans.
Result: When we were finally able to reconnect with our partners after various interruptions due to the pandemic and the ongoing national crises in Nigeria, we saw the work they were doing on both dorms! After verification of what happened, we looked at this situation as a blessing. We now have the basic structures in place for both dorms without the worry of acquisition and cost of heavy construction materials. Our focus is on securing funds to complete the construction and furnishings. Future: The roofing and interior work of plastering, wiring, plumbing, and tiling are needed- no small expense! We are working to raise funds to help with the finishing costs, which is estimated at $50,000. In addition, the furnishings for the rooms and dining hall will cost about $10,000 more.
0 Comments
Leave a Reply. |
This page compiles information from outside sources, as well as AEP's own blog updates.
Resources
All
ArchiveD News
August 2024
|