Education
500 Pass InterswitchSPAK 6.0 Pre-Qualifying Examination
By Dipo Olowookere
The organisers of the yearly InterswitchSPAK have picked the 500 top-performing students from its recently concluded pre-qualifying examination.
They were chosen from the 11,500 students who sat for the exercise after more than 16,000 secondary school students registered for the programme, currently in its sixth edition.
Tagged InterswitchSPAK 6.0 competition, the contest is an initiative of Interswitch, Africa’s foremost digital payment and commerce company.
It is the firm’s flagship Corporate Social Responsibility (CSR) scheme designed to inspire interest in Science, Technology, Engineering, and Mathematics (STEM) subjects among Senior Secondary School (SSS) students across Africa.
The 500 top-performing students will undergo another round of examination to be among 81 participants to proceed to the semi-finals of the competition which will be broadcast on national television from Sunday, October 27, 2024.
These talented students will vie for the prestigious title of Nigeria’s Best STEM Student.
Furthermore, in a bid to further promote academic excellence, Interswitch has significantly increased the prize pool for this edition, over N30 million, representing a 140 per cent hike from the previous N12.5 million.
The first prize winner will receive a N15 million tertiary scholarship spread over five years, a laptop, and monthly stipends.
The second-place winner gets N10 million spread over three years and a laptop, while the third-place winner will get N5 million for one year.
In addition to the top three prizes, cash rewards are also available for participants who secure 4th to 9th positions. In addition, the top 18 semi-finalists will also receive cash prizes. The competition will also recognise and offer cash rewards to the top 27 contributing teachers.
Interswitch will also provide JAMB e-PINS for the top 200 preliminary qualifiers to register for the Joint Admissions and Matriculation Board (JAMB) examinations free of charge.
“We are thrilled to announce the successful conclusion of the pre-qualifying examinations for the 6th edition of InterswitchSPAK.
“With over 16,000 registered students and more than 11,500 participating in the exams, this year's competition has seen remarkable engagement.
“The significant increase in our prize pool to over N30 million underscores our unwavering commitment to nurturing STEM talents across Nigeria.
“By recognizing and rewarding the brilliance of our young minds, we are not just investing in their futures but also in the future of STEM education in Africa.
“We eagerly anticipate the next stages of the competition and are excited to see the innovative and inspiring solutions our students will bring forward,” the Executive Vice President and Chief Marketing and Communications Officer of Interswitch Group, Ms Cherry Eromosele, said.
Recall that at the 2023 edition of the competition, Abraham Daramola from Hallmark Secondary School, Ondo State, emerged as the winner.
The first runner-up was Emmanuel Omoegbeleghan from The Crescent International School, Ogun State, while the second runner-up was Emmanuel Angelo-Hyuwa from The Ambassadors College, Ogun State.
Education
Farouk Ahmed Pays $5m for Children’s Secondary School Fees Abroad—Dangote
By Modupe Gbadeyanka
The chief executive of the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, has been accused of corruption by the president of Dangote Group, Mr Aliko Dangote.
Speaking on Sunday, the business mogul alleged that Mr Ahmed paid about $5 million for the secondary school education of his four children in Switzerland.
He wondered how the NMDPRA chief, who is a government official, could afford to pay the huge amount of money for the school fees of his kids abroad when there are several students in the home state of Mr Ahmed, Sokoto State, wandered around because of lack of funds for education.
He called on the authorities to institute a full scale investigation into the activities of the NMDPRA boss, with the outcome made public.
“I have actually had people making complaints about a regulator who has actually put his children in secondary school.
“And that secondary school education, which is six years, four of them cost Nigeria $5 million. I mean, you cannot imagine somebody paying $5 million for educating four children,” Mr Dangote disclosed during a media briefing at the Dangote Petroleum Refinery and Fertiliser Plant, Lekki, Lagos.
“From Sokoto, where he comes from, people are struggling to pay N100,000 for school fees. A lot of children are at home, not going to school, because of N100,000.
“I cannot understand why somebody who has worked all his life in government, and he has four children whose school fees he has paid $5 million for,” he added.
“This is a system where some of us are taxpayers. When people are complaining, we also complain, because when I pay tax, I want to see my money put to use, not stolen.
“I don’t know why the authority chief executive, Mallam Farouk, has four children educated in Switzerland at the cost of $5 million for their secondary school education alone, not university,” he alleged.
“My children went to secondary school in Nigeria. They did not go outside Nigeria to attend secondary school,” Mr Dangote stressed.
Education
FG, States Hail Dangote’s N1trn Scholarship Scheme for 1.3 million Students
By Modupe Gbadeyanka
The N1 trillion scholarship programme of the Aliko Dangote Foundation (ADF) for about 1.3 million Nigerian students has been applauded by the federal government, the state governments and the others.
The scheme was designed to expand access to education and promote academic excellence across Nigeria. Starting in 2026, the initiative will support over 1.3 million students from all 774 local government areas, with N100 billion committed annually for 10 years.
It targets Nigeria’s most vulnerable learners and is structured into three categories: Aliko Dangote STEM Scholars – 30,000 undergraduates in public universities and polytechnics will receive tuition support of up to ₦600,000 per year; Aliko Dangote Technical Scholars – 5,000 TVET trainees will get essential study materials and technical tools; MHF Dangote Secondary School Girls Scholars – 10,000 girls in public schools will receive uniforms, books, and learning supplies, prioritizing states with high out-of-school rates.
The programme would be implemented in partnership with NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO. It would be based on merit, with beneficiaries chosen through a fully digital system.
Vice President Kashim Shettima praised the organisation for the intervention, saying it demonstrates the critical role of private-sector actors in national development.
He noted that Nigeria’s demographic growth makes urgent investment in education indispensable, warning that “a population becomes a liability only when it is uneducated.”
“Aliko Dangote, through his far-reaching philanthropy, has set in motion the single largest private-sector education support intervention in the history of this country. What he has done here today is a lesson to each of us. This is nation-building in its purest form,” Mr Shettima said.
The Governor of Lagos State, Mr Babajide Sanwo-Olu, speaking on behalf of the 36 state governors, also commended the initiative and pledged the governors’ full support.
The Minister of Education, Mr Tunji Alausa, described the initiative as “pure human capital development,” saying it aligns with the President Bola Tinubu administration’s education sector renewal plan of transforming Nigeria from resource-based economy to a knowledge-based economy and is significant because every local government area will benefit.
He said by the end of the first decade of the execution of the scholarship programme, it is estimated that over 170,000 girl-child would have gone to school.
On his part, Mr Dangote said the intervention is aimed at Nigeria’s most vulnerable learners, noting that financial hardship, not lack of talent, is the primary reason many drop out of school.
“This is not only charity. This is a strategic investment in Nigeria’s future. Every child we keep in school strengthens our economy. Every student we support reduces inequality. Every scholar we empower becomes a future contributor to national development.
“Our young people are not asking for handouts. They are asking for opportunities. They are asking for a chance to learn, to grow, to compete and to succeed. And we believe they deserve that chance,” he stated.
“No young person should have their future cut short because of financial hardship. We are stepping forward to ensure students stay in school and pursue their ambitions.
“This initiative is more than financial aid—it is an investment in human capital, with ripple effects on economies, societies, and future generations. When a student gets a scholarship, entire communities stand to benefit,” the business mogul added.
Education
Airtel Africa Foundation Opens Scholarship Portal for Nigerian Undergraduates
By Modupe Gbadeyanka
Entries for the Undergraduate Tech Scholarship in Nigeria by Airtel Africa Foundation have opened and applicants can register via candidate.scholastica.ng/schemes/airtelfellowship2025.
This programme forms part of the foundation’s F.E.E.D. agenda, which promotes Financial Empowerment, Education, Environmental Protection, and Digital Inclusion, with a focus on creating pathways for talented young people who face financial barriers.
The scheme, according to a statement from the not-for-profit organisation, provides full tuition, accommodation support, and essential study materials for 100-level students with strong academic potential.
Applications are open to students pursuing courses such as Information Technology, Computer Science, Software Engineering, Data Science, Cyber Security, Artificial Intelligence, and other ICT-related disciplines at participating universities: University of Lagos, University of Nigeria Nsukka, Ahmadu Bello University, University of Benin, Obafemi Awolowo University, University of Ilorin, and Tai Solarin University of Education.
Applicants must be enrolled in 100-level, have scored at least 230 in JAMB, and hold a minimum of five credits in WAEC, including English and Mathematics, in a single sitting.
Required documents include Joint Admissions and Matriculation Board (JAMB) results, university admission letter, West African Examination Council (WAEC) certificate, student identity card, and academic transcript or university results.
Qualified students across the listed institutions have been encouraged to apply and position themselves for a stronger start in the technology sector.
the chairman of Airtel Africa Foundation, Mr Segun Ogunsanya, said the scholarship demonstrates the organisation’s commitment to nurturing Africa’s next generation of digital leaders.
“Young Africans are brimming with talent and ambition. What many need is a fair chance to pursue their education without financial pressure.
“This scholarship reflects our belief that investing in their growth will strengthen communities, empower families, and expand the continent’s digital future,” the former chief executive of Airtel Africa Plc, noted.
On his part, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, said, “Education is one of the most powerful tools for national development.
“As an organisation, Airtel is determined to build a platform for aspiring young Nigerians to learn, innovate and lead in the country’s expanding technology landscape.”
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking7 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn











