Education
Ajimobi Denies Ownership of Tech-U, Say Belongs to Oyo Govt
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.
By Adedapo Adesanya
The Nigerian Education Loan Fund (NELFUND) has granted another extension for its Student Loan Application Portal to accommodate institutions that requested additional time for the 2025/2026 academic session.
According to the statement signed by NELFUND’s Director of Strategic Communications, Ms Oseyemi Oluwatuyi, on Thursday, the extension applies only to institutions that submitted formal requests, allowing eligible students extra time to complete their applications.
“The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement read.
Business Post reports that at the beginning of March, NELFUND announced an extension to the deadline by a week for its student loan application portal following a notable rise in nationwide interest driven by ongoing awareness campaigns.
Speaking on the development, NELFUND Managing Director and Chief Executive Officer, Mr Akintunde Sawyerr, reiterated the Fund’s commitment to ensuring that eligible students at participating institutions can access the student loan programme.
“NELFUND remains committed to ensuring that eligible students across participating institutions have the opportunity to access the student loan programme,” he said.
The Fund urges students in affected institutions to take advantage of the extension and submit their applications through the official portal.
It also emphasised its dedication to transparency, accountability, and providing sustainable financing solutions to remove financial barriers to higher education in Nigeria.
Established to administer the Nigeria Student Loan Scheme, NELFUND was enacted into law by President Bola Tinubu in April 2024.
The initiative provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses.
Beneficiaries are required to repay the loans after completing their education and securing employment, aiming to increase access to higher education for students from low-income backgrounds.
By Adedapo Adesanya
The Nigeria Revenue Service (NRS) has inaugurated a Curriculum Review Committee aimed at strengthening taxation education in Nigerian academic institutions and improving the country’s tax administration system.
According to a statement, the committee was inaugurated on February 24, at the NRS Academy in Durumi as part of the agency’s broader efforts to modernise tax education and align academic training with the evolving demands of contemporary tax administration.
Speaking during the inauguration, the Director of the NRS Academy, Mr Adeolu Akinyemi, said the review exercise would involve collaboration with the Chartered Institute of Taxation of Nigeria (CITN) to develop a more structured and relevant curriculum for the academy.
He emphasised that the initiative seeks to ensure that taxation programmes taught in Nigerian institutions reflect current developments in tax policy and practice, while also equipping students with the practical knowledge required in today’s tax administration environment.
The committee has been tasked with examining existing taxation curricula across Nigerian institutions and proposing updates that incorporate modern tax policies, recent legislative changes, and emerging areas such as digital taxation and global tax practices.
Officials say the review is also designed to close the gap between theoretical classroom instruction and the practical realities of tax administration.
By strengthening the link between academic learning and professional practice, the revised curriculum is expected to better prepare graduates for careers in the tax sector.
The effort is further expected to enhance tax awareness among citizens, encourage voluntary tax compliance, and support the development of skilled tax professionals who can contribute to national revenue generation and economic growth.
The committee is chaired by Mrs Aisha Hamman Mahmoud, Special Adviser to the Executive Chairman of the NRS on Research and Statistics. Its membership includes representatives from the service as well as academic experts in taxation and fiscal policy, alongside professionals with experience in tax administration, policy formulation, and tax education.
The committee will work with relevant educational regulatory agencies and professional bodies to ensure that the proposed curriculum aligns with national academic standards while addressing the practical needs of Nigeria’s tax system.
The NRS stated that the initiative forms part of its ongoing commitment to expanding tax knowledge, strengthening professional capacity, and promoting responsible tax practices across the country.
The curriculum review exercise is expected to be completed within 60 days, after which the Service plans to provide further updates on the implementation of the revised programme.
By Modupe Gbadeyanka
The first batch of Nigerian undergraduates to enjoy fully paid scholarships for studying science, technology, engineering and mathematics (STEM) courses across the continent has been chosen by Airtel Africa Foundation.
Business Post gathered that 70 students from universities across Nigeria were selected from thousands of applicants through an independently managed process, which took nearly six months.
It was learned that most of the undergraduates were from the University of Lagos (UNILAG), Obafemi Awolowo University (OAU) Ile-Ife, the University of Benin (UNIBEN), Tai Solarin University of Education (TASUED), the University of Ilorin, Ahmadu Bello University (ABU Zaria), and the University of Nigeria (UNN).
The scholarship covers tuition, laptop computers, living expenses, and essential learning resources, a statement from Airtel Africa Foundation disclosed.
The chairman of the foundation, Mr Segun Ogunsanya, speaking at the presentation of the scholarships to the beneficiaries at the Lagos headquarters of Airtel Nigeria, emphasised the need for initiatives such as the Airtel Africa Foundation’s undergraduate tech scholarship for the future of the continent.
“True legacy is not measured by the awards we win or the volume of SIM cards we sell; it is measured by the lives we save, the people we feed, and the students we support when the line between success and failure is at its thinnest.
“At the Airtel Africa Foundation, we believe that lifting people out of poverty is the ultimate benchmark of a great company. Today, we are writing that legacy by tilting the balance in favour of the brilliant but underserved, ensuring that the fourth industrial revolution, driven by AI and Data Science, is built by African talent for the African continent,” he stated.
Mr Ogunsanya further revealed that this fellowship, executed through Airtel Nigeria, is designed to bridge the gap where funding, skills, and opportunity often fail to meet.
In addition to the N500,000 yearly budget for the fellows’ four-year or five-year courses, each fellow would be integrated into a structured support system for academic guidance and career mentorship, intended to ultimately transition students from the classroom to the global tech workforce.
Addressing the students, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, stressed that youth development is a strategic imperative for Airtel.
“At Airtel Nigeria, we view youth development as essential nation-building. When young people succeed, innovation accelerates, and social stability improves.
“By connecting these brilliant scholars to knowledge, skills, and confidence, we are fulfilling our core mission to connect people to opportunity. To our recipients: you earned your place here through merit and discipline. You are now ambassadors of excellence, and we expect your leadership to be defined by your conduct as you help shape a more inclusive digital future for Nigeria,” the Airtel Nigeria chief said.
The Nigerian cohort joins a prestigious network of Airtel Africa Foundation fellows currently studying in Tanzania, the Democratic Republic of Congo (DRC), Uganda, and India.
The initiative underscores a broader commitment to technology education, youth development, and Nigeria’s digital economy.
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