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Ajimobi Denies Ownership of Tech-U, Say Belongs to Oyo Govt

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By Modupe Gbadeyanka

Governor Abiola Ajimobi of Oyo State has put to rest the controversy surrounding the ownership of the First Technical University, Ibadan, saying that the institution belongs to the state government wholly and not any individual, including himself.

The governor made the clarification while receiving the state’s traditional rulers in the state, led by the Alaafin of Oyo, Oba Lamidi Adeyemi, who were on a courtesy visit to his office, on Monday.

Among the royal fathers on the entourage, drawn from the six zones of the state, were Eleruwa of Eruwa, Oba Samuel Adegbola; Aseyin of Iseyin, Oba Abdul-Ganiy Salawudeen; Olugbon of Orile-Igbon, Oba Francis Olusola; and Balogun of Ibadanland, Oba Owolabi Olakulehin.

Mr Ajimobi also used the occasion to avail the royal fathers of his administration’s achievements in education, agriculture, peace, security and infrastructure, among others in the last eight years.

He said the state government had not expended any fund on the establishment of the university till date, as all the structures in the institution’s premises were built by foreign donors and the Central Bank of Nigeria (CBN).

“Let me use this opportunity to dispel the rumour going around that I am the owner of The First Technical University, Ibadan. People are expected to talk, especially when they lack proper information, but if we fail to dispel the rumour, it may stick and become the truth.

“I want to say without any equivocation that I do not own the Technical University, Ibadan. It belongs to Oyo State Government wholly. It is easy for people to come up with such rumour because of the successful establishment of the university.

“It is the first of its kind in Nigeria, and we are happy that we succeeded in achieving this in our time. Nobody believed we could achieve it, especially during a period the country was grappling with economic challenges.

“Oyo State has had no financial input in the establishment of the university till date. All what you see there were done by lovers of the state, indigenes living abroad, international institutions and the CBN,” Mr Ajimobi said.

He urged other well-meaning individuals and corporate bodies to also support the university through construction of structures like students’ hostels, halls, block of classrooms, amphitheatre and sports complex, all of which he said could be named after the donors.

The governor expressed appreciation to the traditional rulers for their unflinching support for his administration in the last eight years, which he said had contributed to the success so far recorded.

The governor said, “I give gratitude to the Almighty Allah for giving me the opportunity, in spite of my natural deficiencies as a human being.

“To serve humanity through the governance of Oyo State, which is unarguably the intellectual capital of Nigeria with highly politically-sophisticated people, is a rare privilege.

“I appreciate you all our royal fathers and indeed, the entire people of the state immensely, because you made it possible for us to govern the state with uncommon success in the last eight years.”

Speaking earlier, Oba Adeyemi said there was no institution that could correctly appraise the achievements of any administration in any state than traditional rulers.

He said the election of Ajimobi for two consecutive terms was a testimony of people’s love and support for him and their acknowledgement of his administration’s success in some critical areas like education, health and infrastructure.

Oba Adeyemi said: “I believe very much that if there is any agency that can make a correct appraisal of any government’s performance in any state, no agency is better placed than the traditional rulers in such a state.

“The reason is not far-fetched. Among the traditional rulers, there are those who have experienced some administrations, which qualifies them to make fair assessment of all.

“In my own case, and with gratitude to God for my longevity and the good people of Oyo for their support and cooperation at all times, I have experienced many administrations, both military and civilian.

“Let me start from a noncontroversial statement of fact as far as Governor Ajimobi is concerned. It is that till date, he is the longest serving governor to occupy the Agodi Government House since the Western Region days. There can be no better empirical testimony of his acceptability by the people of the State than that.

“I doubt if anybody can deny the fact that the last eight years have been marked by peace in the state. He is always in constant touch with all security agencies, with his ears literally on the ground for vital information.”

Oba Adeyemi wished the governor success in his future endeavous, stressing that the traditional rulers were proud of him and would continue to pray for him and his family.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Education

Kidnappings: FG Reopens 47 Unity Schools

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unity schools nigeria

By Adedapo Adesanya

The federal government has announced the reopening of the 47 unity schools earlier shut down due to security concerns on November 21.

This was disclosed in a statement by the Federal Ministry of Education on Thursday.

It said that the decision to reopen the affected colleges across the country reaffirmed its unwavering commitment to safeguarding students and ensuring the continuity of education.

On November 18, 2025, over 20 schoolgirls were kidnapped by unidentified armed men from the Government Girls Comprehensive Secondary School in Maga, Kebbi state.

Just three days later, on November 21, about 303 students and 12 teachers were kidnapped at St. Mary’s Catholic Primary and Secondary School in Papiri, Niger state.

In response, the federal government shut down 47 Federal Unity Colleges, and some states including Katsina, Taraba, and Niger also closed schools or restricted school activities, particularly boarding institutions.

Rights group including Human Rights Watch lamented that while these measures were aimed at protecting students, they disrupted learning for thousands of children, denied them access to education, and the social and psychological support schools provide.

FULL LIST OF AFFECTED UNITY COLLEGES

North-West:
FGGC Minjibir, FTC Ganduje, FGGC Zaria, FTC Kafanchan, FGGC Bakori, FTC Dayi, FGC Daura, FGGC Tambuwal, FSC Sokoto, FTC Wurno, FGC Gusau, FGC Anka, FGGC Gwandu, FGC Birnin Yauri, FTC Zuru, FGGC Kazaure, FGC Kiyawa, FTC Hadejia.

North-East:
FGGC Potiskum, FGC Buni Yadi, FTC Gashua, FTC Michika, FGC Ganye, FGC Azare, FTC Misau, FGGC Bajoga, FGC Billiri, FTC Zambuk.

North-Central:
FGGC Bida, FGC New-Bussa, FTC Kuta-Shiroro, FGA Suleja, FGC Ilorin, FGGC Omu-Aran, FTC Gwanara, FGC Ugwolawo, FGGC Kabba, FGGC Bwari, FGC Rubochi, FGGC Abaji.

South-West:
FTC Ikare Akoko, FTC Ijebu-Imusin, FTC Ushi-Ekiti, FTC Ogugu.

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Education

Coursera, Udemy Announce $2.5bn Merger

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Coursera and Udemy

By Adedapo Adesanya

Online learning platforms, Coursera and Udemy, have reached an agreement to merge in an all-stock transaction, with the combined company’s implied equity value estimated at approximately $2.5 billion.

The agreement, unanimously approved by both companies’ boards of directors, stipulates that Udemy shareholders will receive 0.8 shares of Coursera common stock for each Udemy share held.

Upon completion of the merger, Coursera shareholders are expected to own about 59 per cent and Udemy shareholders approximately 41 per cent of the new entity on a fully diluted basis.

The combined company will continue under the Coursera name, and maintain its headquarters in Mountain View, California.

Coursera, founded in 2012 by Mr Andrew Ng and Ms Daphne Koller, is an online learning platform with 191 million registered users as of September 30, 2025. It collaborates with over 375 universities and industry partners to offer courses, specialisations, professional certificates, and degrees.

The platform includes features such as generative AI (gen AI) tools (Coach, Role Play, Course Builder) and role-based solutions (Skills Tracks) to support scalable and personalised learning. Coursera is used by institutions for workforce development in fields such as gen AI, data science, technology, and business.

Udemy is a platform that provides on-demand, multi-language courses to help companies and individuals develop technical, business, and soft skills. It uses AI to offer personalised learning experiences and supports workforce development in a changing workplace.

Mr Greg Hart, currently CEO of Coursera, is set to lead the enlarged organisation as CEO after the merger.

The board will consist of nine members. Six from Coursera’s board, including chairman Mr Ng and CEO Mr Hart, and three from Udemy’s board.

“We’re at a pivotal moment in which AI is rapidly redefining the skills required for every job across every industry.

“Organisations and individuals around the world need a platform that is as agile as the new and emerging skills learners must master,” Mr Hart said.

The combination is said to create a complete ecosystem of top instructors supported by AI tools, data-driven insights, and broader distribution, enabling more engaging, personalised, and dynamic learning at scale.

Projected operational efficiencies include anticipated annual run-rate cost synergies of $115m within two years after closing.

Udemy CEO, Mr Hugo Sarrazin said: “For more than 15 years, Udemy has helped millions of people master in-demand skills at the speed of innovation.

“Through this combination with Coursera, we will create meaningful benefits for our learners, enterprise customers, and instructors, while delivering significant value to our shareholders, who will participate in the substantial upside potential of the combined company.”

The merger is anticipated to close in the second half of 2026, pending regulatory clearances, approval by both companies’ shareholders, and other customary closing conditions.

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Education

Luno, AltSchool Launch Crypto Education Programme for Nigerians

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Luno Safety of Funds

By Adedapo Adesanya

Global cryptocurrency platform, Luno and AltSchool Africa, an accredited online learning platform, have announced a strategic partnership aimed at demystifiing crypto to 15,000 Nigerians.

The initiative at that scale makes it Africa’s largest crypto education programme.

According to a joint statement on Wednesday, this is a significant step in Luno’s continued efforts to strengthen trust in digital assets and support safer participation in the digital economy.

This is hinged on Africa’s fast-growing digital finance landscape where 33 per cent of the country’s population already engage with digital assets, and a rapidly growing youth population are eager to participate in the digital economy.

According to the statement, the partnership aims to bridge the knowledge gap by providing structured, practical, and safe crypto education.

This will be done by combining Luno’s experience in promoting safe crypto participation with AltSchool Africa’s capability in delivering accessible digital skills training.

“The course directly addresses the misinformation and financial risks associated with unregulated digital assets, while demonstrating real-world applications tailored to African contexts,” the joint statement added.

The initiative will be implemented in three cohorts of 5,000 learners each. Applications for Cohort 1 will be open from January to February 2026, with the course commencing in March 2026. Cohort 2 participants will gain access to the course in July 2026, while Cohort 3 participants will begin the programme in November 2026.

The programme will be led by Web3 expert Mr Abdulsamad Tiamiyu, who will provide a practical, Africa-focused introduction to cryptocurrency, showing how it can be used for saving, remittances, global trading, and entrepreneurship.

The curriculum consists of five core modules and is designed to be completed within three to four weeks.

Learners benefit from up to one year of access to all course materials, including online, self-paced video lessons, slides, quizzes, and case studies. The course combines theory with hands-on experience, where learners interact with wallets, exchanges, stablecoins, and research tools like CoinGecko and Etherscan.

According to the organisers, this approach gives learners the tools to confidently use digital currencies in everyday financial activities. Successful learners, upon passing the assessments, earn an AltSchool Africa Certificate of Completion.

Speaking on the partnership, Mr Ayotunde Alabi, CEO of Luno Nigeria, said: “This initiative is a crucial intervention in Africa’s digital ecosystem. As crypto adoption accelerates, formal literacy must grow alongside it, so individuals can benefit safely and meaningfully,”

“Our partnership with AltSchool Africa is a deliberate step toward that goal and a foundational investment in the integrity of the industry. By delivering structured, high-quality education, Luno is helping ensure that Africans can participate confidently, securely, and sustainably – turning what is often seen as risk into real economic opportunity,” he added.

Adding his input, Mr Adewale Yusuf, Co-founder and CEO of AltSchool Africa, said “This partnership between AltSchool and Luno is a major step toward financial education that truly serves Africans and helps people gain the knowledge and tools they need to understand crypto with confidence and use it in practical, life-changing ways.”

The programme is open to Nigerian residents aged 18 and above who are able to commit to completing it within four weeks. Applicants must have a Luno account or create one before enrolling.

Starting January, Interested participants are encouraged to submit application through the AltSchool Africa portal, with scholarship decisions communicated within one week.

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