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Ogunbiyi Foundation Launch: Experts Laud Buhari’s Economic Squad

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Ogunbiyi Foundation Launch

The decision of the President Muhammadu Buhari-led federal government to create an Economic Advisory Council has been applauded by some experts in the education sector in Nigeria.

Some of the leading professionals, who spoke at the launch of The Akin Ogunbiyi Foundation in Osogbo, Osun State yesterday, said the nation cannot separate the best technically sound initiatives from the ambience of the overall economic operating environment.

The foundation was launched to the admiration of friends, associates of Dr Akin Ogunbiyi, the Group Chairman, Mutual Benefit Group and had in attendance dignitaries from all walks of life.

In his keynote address, former Vice-Chancellor of Obafemi Awolowo University, Professor Michael Faborede, noted that, “Without well-coordinated inter-sectoral economic planning, that provides targeted financing for government priority programmes, backed with necessary political will by both the executive and legislative arms of government all the lofty plans will not yield the desired outcomes.”

According to him, “We cannot divorce even the best technically sound initiatives from the ambience of the overall economic operating environment, favourable and strong political will, bolstered by informed and transformational cross-sectoral coordination of the economy. This is why we applaud the setting up of the new Economic Advisory Council by the Presidency.”

Prof Faborede further noted that, “Leaders within the Nigerian educational system must provide leadership for the achievement of the Sustainable Development Goals (SDGs) and partner with the private sector and Non-Governmental Organizations like The Akin Ogunbiyi Foundation in ensuring that Nigeria moves from a developing nation to a developed nation like China, Korea and others.”

Corroborating him was one of the panelists and founder of Centre for Values in Leadership, Professor Pat Utomi, who also noted that the most important part of educating youngsters was at the primary and secondary level.

“There are many technological companies disrupting the ecosystem whose founder never attended a University. If children are effectively trained at the primary and secondary level, the nation will experience experiential growth and development,” the renowned economist said.

Other panelists present at the maiden edition of the Lecture Series themed Education as an input variable for National Development were Professor Akintayo Dayo Idowu, Osun State University; Ms Adetutu Sangonuga, Partner, Human Capital Partners; Mrs Ayopeju Njideaka, CEO Nurture House Consulting (NHC) and Mr Seye Oyeleye, Director- General, Dawn Commission.

Others were His Imperial Majesty, Oba Babatunde Enitan Ogunwusi, Ooni of Ife; Chairman of the event, Lt.-Gen. Alani Akinrinade (Rtd.) former Chief of Defence Staff; Prince Olagunsoye Oyinlola, former Osun State governor; Brig.-Gen. Raji Rasaki (retd.) ex-Minister of Works, Jelili Adesiyan ex-Minister of Police Affairs, among others.

The Akin Ogunbiyi Foundation is set up as a philanthropic gesture of Dr Ogunbiyi, Group Chairman, Mutual Benefit Assurance Group, who is renowned for supporting various students with scholarship awards both within and outside the country.

The foundation seeks for inclusive growth and progress for every Nigerian and by extension Africans in addressing the root cause of poverty and degradation. The cardinal pillars of the organization include Health; Education; Empowerment; Leadership and Poverty Alleviations.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Education

Okpebholo Raises Edo State University’s Monthly Subvention to N250m

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Edo State University subvention

By Modupe Gbadeyanka

The monthly subvention to the Edo State University, Iyahmo, has been increased to N250 million from N100 million by the state governor, Mr Monday Okpebholo.

A statement issued on Monday by the Chief Press Secretary (CPS) to the Governor, Mr Patrick Akhere Ebojele, said a grant of N2 billion has also been approved to improve infrastructure in the institution.

Speaking at the commissioning of an e-library and the flagging off of a fitness centre and a health facility in the school, Mr Okpebholo said the funding support is to strengthen the institution’s capacity and improve learning conditions.

“Today is a great day for Edo State University, Iyamho. Since assuming office, our administration has remained committed to repositioning the education sector in Edo State.

“The Ehi Aganmonmen Business Administration E-Library, the Peter Omoh Dunia Fitness Centre, and the Edo State University Health Centre are clear symbols of progress, partnership, and shared responsibility in advancing education and health in Edo State,” he said.

Governor Okpebholo further acknowledged the collective support from stakeholders, including a parent who volunteered to sponsor the architectural designs and the Vice-Chancellor, Professor Adetimirin, who donated one month of his salary.

“If you, the vice chancellor, can donate your salary, why will the Edo state government not donate towards the university projects they are carrying out? On this note, the Edo State government will give you (the school) N2 billion,” he declared.

“I also understand that a parent has offered to sponsor the designs, and our amiable Vice-Chancellor, Prof. Adetimirin, has donated his one-month salary to support the projects. These are not small things — these are sacrifices that speak louder than words,” he added.

On healthcare infrastructure, the Governor expressed support for the university’s plan to upgrade its medical facility.

“I commend the university for the new Health Centre to replace the existing sick bay. This is an important step toward providing better healthcare services to our university community. I assure you of our continued support as we work together to bring this vision to reality,” the Governor said.

He charged students of the institution to use the facilities well, and tasked the university management to “ensure proper maintenance and sustainability of these facilities.”

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Education

45 Student-Led Startups Win N2.2bn from FG Ventures Initiative

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45 Student-Led Startups

By Adedapo Adesanya

Forty-five student-led ventures emerged as beneficiaries of a total pool of N2.2 billion in grants at the 2026 Student Venture Capital Grant (S-VCG) Finalist Bootcamp.

The programme of the federal government marks a significant boost to youth innovation under its entrepreneurship drive, announced earlier this year.

At the bootcamp’s closing ceremony and awards presentation held at the United Nations Development Programme (UNDP) office in Ikoyi, Lagos, the winners emerged after a rigorous selection process involving 65 finalists and assessment by a 12-member expert panel.

Speaking at the event, the Minister of Education, Mr Tunji Alausa, said the initiative underscores the government’s commitment to transforming tertiary institutions into centres of innovation, entrepreneurship and practical problem-solving.

He described the S-VCG programme as a key pillar of President Bola Tinubu’s Renewed Hope Agenda, aimed at enabling students to convert ideas into viable businesses.

Mr Alausa noted that each beneficiary can access up to N50 million in equity-free funding, alongside mentorship, incubation support and digital tools.

He added that the programme attracted more than 30,000 applications from 404 tertiary institutions nationwide, reflecting the growing culture of innovation among Nigerian youth.

Also speaking, the Minister of Communications and Digital Economy, Mr Bosun Tijani, commended participants for leveraging technology to develop solutions to real-world challenges.

He urged them to build scalable, tech-driven ventures capable of contributing to national development.

Also speaking, Minister of State for Education, Mrs Suwaiba Sa’id Ahmad, praised the finalists’ resilience and creativity, noting that initiatives like S-VCG are critical to nurturing problem-solving skills and fostering an entrepreneurial mindset among students.

Chairman of the Senate Committee on Tertiary Education and TETFund, Mr Muntari Dandutse, called for sustained investment in youth innovation to strengthen Nigeria’s knowledge-based economy.

On his part, the National Project Coordinator of the Special Programmes Operations and Implementation Unit, Mr Adebayo Onigbanjo, outlined the structure and long-term objectives of the programme, stating that it is designed to equip students with the resources and confidence needed to build sustainable ventures.

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UniJos Suspends Exams Over Deadly Jos Attack

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Unijos

By Adedapo Adesanya

The University of Jos has suspended all examinations scheduled for Monday and Tuesday following growing tension in Jos, after a deadly attack in Anguwan Rukuba, Jos North Local Government Area of Plateau State.

The management of the institution also advised students and staff to remain indoors and stay vigilant.

According to reports, the attackers, who rode on motorcycles, stormed the community at about 7:30 pm while residents were going about their normal activities, firing indiscriminately and causing panic.

Many people were killed, while several others sustained injuries in the attack.

“The attackers just rode past and started shooting sporadically. People were running in different directions,” a source told Channels Television.

The broadcaster also reported that in the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension.

UniJos, in a statement issued on Sunday by the Deputy Registrar, Information and Public Relations, Mr Emmanuel Madugu, said the incident had heightened tension, necessitating the decision.

“In view of the late evening fatal attacks by unknown gunmen on residents of Angwan Rukuba (an area that hosts many staff and students of the University), and the consequential tensions it has generated in and around the area and environs.

“The Vice Chancellor has directed that all examinations scheduled to hold on Monday, March 30, and Tuesday, March 31, 2026, are postponed, and will be rescheduled accordingly. That members of the University community be advised to be very vigilant and extra careful with their movements (On and off Campus) with IMMEDIATE EFFECT.

“For emphasis, members are strongly advised to AVOID COMING OUT VERY EARLY IN THE MORNING, and should REPORT IMMEDIATELY any sign or shadow of breach of the public peace to the University Security Division on 08035895323.

“University Management is actively liaising with the relevant Security agencies and monitoring the situation to ensure the safety of the lives of members of the University community. Further relevant updates will be communicated in due course,” the deputy registrar added.

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