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CBN Donates Educational Facilities to Oyo

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By Dipo Olowookere

A central library, blocks of lecture and administrative buildings have been handed over to the Oyo State government by the Central bank of Nigeria (CBN) as part of its intervention towards the education sector in the state.

The buildings were received on behalf of the state government by the Secretary to the State Government, Mr Olalekan Alli; the Pro-Chancellor of TechU, Ibadan, Professor Oladapo Afolabi; Commissioner for Education, Science and Technology, Prof. Adeniyi Olowofela; Commissioner for Finance, Mr Abimbola Adekanmbi; Commissioner for Information, Culture and Tourism, Mr Toye Arulogun; and other top government functionaries.

While receiving the project documents during the handover of the buildings on Thursday at the permanent site of the institution, Mr Alli assured that the state will embark on additional developments on the 200-hectare university, adding that adequate security will be provided around the vicinity of the institution and the state as a whole.

The SSG, who appreciated the CBN for its intervention in TechU, Oyo state, assured that the buildings donated would be put to adequate use by the university authorities.

“We appreciate the efforts of the apex bank to support and develop our education sector. The CBN has showed that education is key to the development of country. We say thank you to the management and the entire staff of the bank for this gesture and assure that the building will be adequately put to use immediately,” he said.

Mr Alli noted that the state government was committed to the establishment of TechU as part of its transformation of the education sector in the state and consequently expressed the firm belief that the first set of students will matriculate in September 2017.

In his remarks, the CBN Branch Controller, Lagos Branch, Mr Omebere Iyari, commended the Oyo State government for the initiative of TechU, Ibadan, saying that the unique institution will revolutionize technical skills development and education in the country.

He explained that the intervention has showed that CBN is beyond monetary and fiscal policies, stressing that the Apex bank has a lot of intervention in education, agriculture and other sectors of the economy.

The buildings, which are constructed on about 1.455 hectares of land, donated to TechU, Ibadan by the apex bank include central e-library space for 500 students with 10 numbers of offices, 12 numbers of toilet facilities as well as block of 24 lectures room which has 11 numbers administrative offices, furniture, borehole, generating set, street lights, CCTV camera, air conditioners and additional toilets facilities for male and female students.

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

11 Poetry Collections Vie for 2026 Nigeria Prize for Literature

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Nigeria Prize for Literature

By Adedapo Adesanya

The Nigeria Prize for Literature has unveiled an 11-title longlist for its 2026 edition, selecting the outstanding poetry collections from a record 223 submissions received for the competition.

This was contained in a press statement signed by General Manager, External Relations & Sustainable Development, Mrs Sophia Horsfall.

The announcement, by the chairman of the Advisory Board for the Prize, Professor Akachi Adimora-Ezeigbo, marks a significant milestone in this year’s competition and reflects the exceptional quality, creativity and diversity of contemporary poetry.

The longlisted titles, arranged alphabetically, are:

1. Adult Love by Tanure Ojaide
2. Bakandimiya by Saddiq Dzukogi
3. Black Passport by Paul Akpomuje
4. 2000 Blacks by Ajibola Tolase
5. Ceremony for The Nameless by Theresa Lola
6. Corpus: Animistic Verses by Ayo Oyeku
1. Floral’s Love Colony by Tares Oburumu
2. The Origin of Wounds by Malik Gbolahan
3. The Years of Blood by Adebayo Agarau
4. Unbind Me Now by James Ugwu Eze
5. Why Does God Need a Gun by Ogaga Ifowodo

Professor Adimora-Ezeigbo described the announcement as an important stage in the 2026 edition of arguably Africa’s biggest and most prestigious literary Prize.

She noted that the collections demonstrate the remarkable capacity of poetry to illuminate human experience through thoughtful reflection, cultural memory and artistic expression.

The academic added that the works revisit history while interrogating dominant historical narratives and exposing the forces that shape collective identities and social relations.

She stated that despite their varied emphases, the books share a commitment to exploring the endurance of individuals and communities in the face of violence, oppression, and social fragmentation.

Commenting on style and language, she said the books display an impressive diversity of poetic techniques marked by lyrical intensity, symbolic depth, and artistic innovation.

“Many employ densely poetic, allegorical, and elegiac modes that invite multiple layers of interpretation, while others draw extensively on folklore, oral traditions, and contemporary realities to create a compelling fusion of past and present. Their language is generally fluid, evocative, and aesthetically refined, relying on vivid imagery, emotional resonance, and intellectual sophistication to communicate complex ideas. These works demonstrate how poetic language can illuminate social realities, challenge established perspectives, and give voice to both individual and collective experiences.

“The next stage will demand a closer reading of each work, with attention to language, form, originality and lasting literary value,” she stated.

She also commended the judges for their work and reaffirmed the Advisory Board’s commitment to a credible process, literary excellence and the promotion of a strong reading culture.

The announcement of the 11-title longlist formally opens the next phase of the shortlist of three in August and the possible announcement of the winner in October.

The Nigeria Prize for Literature, sponsored by NLNG, carries a cash award of $100,000 for the author of the winning book. In its 22nd year, the prize rotates annually across four genres – prose fiction, poetry, drama and children’s literature – with the 2026 edition devoted to poetry.

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Education

FG Slashes Textbook Ranking Fees to Support Publishers, Policy Rollout

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Textbook Ranking System

By Adedapo Adesanya

The federal government has slashed the fees for the assessment and ranking of textbooks ahead of the implementation of the National Textbook Ranking Policy scheduled to commence in September 2026.

The reduction, approved through the Nigerian Educational Research and Development Council (NERDC), was aimed at easing the financial burden on publishers and authors while facilitating compliance with the new national textbook quality assurance framework.

The decision comes ahead of the implementation of the National Textbook Ranking Policy introduced by the Minister of Education, Mr Tunji Alausa, to improve the quality and standardisation of instructional materials used in schools across the country.

Announcing the development in a statement on Wednesday, the Executive Secretary of NERDC, Mr Salisu Shehu, said the assessment fee had been reduced from N2,000 to N1,500 per page, while the ranking fee for each textbook title had been cut from N1 million to N750,000.

He said the revised fees take immediate effect and apply to all publishers and authors submitting textbooks for assessment and ranking.

Mr Shehu also disclosed that publishers who had already paid the previous assessment fee of N2,000 per page would receive refunds of the excess payments, adding that details of the refund process would be announced in due course.

He urged all stakeholders in the publishing industry to comply with the new fee regime.

“Under the policy, only textbooks that have been assessed, approved and ranked by NERDC will be approved for use in Nigerian classrooms from September 2026, while unranked textbooks will no longer be permitted,” he said.

Meanwhile, the minister explained that the initiative was designed to tackle the proliferation of textbooks in schools and ensure that teachers and learners have access to high-quality, curriculum-compliant instructional materials.

The minister restated that NERDC will continue to exercise its statutory responsibility of approving textbooks for use in schools, but that approval alone would no longer be sufficient under the new policy.

“Instead, every approved textbook will undergo a structured national evaluation and ranking process by expert committees to determine the most suitable and highest-quality books for each subject and level of education,” he said.

The minister was optimistic that the National Textbook Ranking Policy will strengthen quality assurance in education by providing schools, teachers and parents with reliable guidance on the best instructional materials for teaching and learning.

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Education

Firm, Bank Organise Free Innovators’ Camp for Children in Lagos

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STEM subjects

By Aduragbemi Omiyale

A free educational initiative to equip children with practical Science, Technology, Engineering and Mathematics (STEM) skills needed to grow, thrive and prosper in a rapidly evolving world has been put together in Lagos.

The programme, Young Innovators Camp, commenced on Monday in the Lekki area of Lagos State. It is organised by MONAT, with Fidelity Bank as the sponsor.

Participating children, who must be between 4 and 10 years, will have a hands-on learning experience focused on creativity, innovation, problem-solving and critical thinking. They will be introduced to age-appropriate STEM concepts, guided build sessions and other engaging activities designed to stimulate curiosity and encourage practical learning.

The camp will also feature small group learning with facilitators, financial literacy sessions, creative activities, and other interactive experiences that support confidence-building among participants.

Every participant will also receive a specially curated gift pack filled with educational resources and STEM learning materials to encourage continued exploration and learning at home, making the camp both a memorable and transformative experience.

The Young Innovators Camp reinforces Fidelity Bank’s ongoing investment in initiatives that prepare children and young people for the future. It builds on the bank’s education-focused interventions, including initiatives such as SWEETA, which supports children, and the lender’s broader CSR agenda, which prioritises youth empowerment, education, skills development and access to opportunities that can improve long-term outcomes for individuals and communities.

“The future will be shaped by those who can solve problems, think creatively, and harness technology to improve lives.

“At Fidelity Bank, we believe these abilities should be nurtured from an early age.

“Through the Young Innovators Camp, we are giving children the opportunity to explore science, technology, engineering and mathematics in a fun, practical and engaging way that inspires curiosity, builds confidence, and encourages innovation.

“We want every child who participates to leave believing that they have the potential not just to succeed in the future, but to help create it,” the Divisional Head of Brand and Communications at Fidelity Bank, Mr Meksley Nwagboh, said.

“As a bank committed to helping people grow, thrive and prosper, we see education, particularly STEM education, as a strategic investment in Nigeria’s future.

“Today’s young innovators will become tomorrow’s engineers, scientists, entrepreneurs, inventors and technology leaders.

“By partnering with Monat, we are investing in a generation equipped with the skills, mindset and confidence to solve real-world challenges, create opportunities, and contribute meaningfully to national development.

“This is more than a summer camp; it is about unlocking potential and inspiring the next generation of innovators,” he added.

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