Ms Ucy Rochas, Director-General of the foundation, disclosed this in Abuja on Wednesday while briefing newsmen.
She said the programme would be implemented under its new project called “Rochas Foundation Education Aid and Development (READ) programme” to be launched in 2020.
“As you are aware, over 10 million children are out of school in Nigeria primarily due to poverty, instead of education and its benefits, they engage in street trading to help them and their family survives.
Rochas foundation is budgeting the sum of one billion Naira for this programme, this fund will be disbursed through NGO’s who are found to be credible to help pursue this cause in their various localities where they exist.
She appealed to the agencies in Nigeria to assist in this fight, adding that 10 million out of school children could be liken to a whole nation not going to school.
Commenting on the achievements of the foundation in the education sector, she noted that over 20,000 children have benefited from its free education scheme after over 20 years of its existence.
She added that the foundation major had produced 2,000 university graduates and about 4,000 still undergraduate.
Rochas said that most beneficiaries of the foundation are orphans and the poorest of the poor.