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Empowering Tomorrow’s Leaders: VFD Group’s Perspective for Vision 20

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VFD Group Readland Foundation

In a world brimming with untapped potential, the need to nurture and empower our youth has never been more pressing. VFD Group, a leading proprietary investment company, recognizes the importance of early mentorship and has embarked on a socially conscious initiative known as Vision 20.

On March 8, the investment company opened its doors to students from Readland Foundation, marking a special celebration of International Women’s Day and Women’s History Month.

The visit was meticulously designed to provide young girls with invaluable insights into business processes and organisational culture, aiming to ignite their aspirations and fuel their dreams.

Led by esteemed employees and executives, including Niyi Adenubi, Executive Director, Business Development & Investment Management; John Okonkwo, Executive Director, Finance, Risk and Compliance; Morenike Ominike, Chief of Staff to the GMD/CEO and Head, Regulatory Compliance;

Muyiwa Olowoporoku, Head of Marketing and Corporate Communications; Nkem Offonabo, Head, Human Resources; Chinenye Ezeh, Treasury Officer; and Elmer Aluge, Soft Power Specialist; representing diverse backgrounds and skill sets within the management team.

The day unfolded with a series of interactive sessions, where students were encouraged to set goals, believe in themselves, and embrace the importance of societal impact.

This visionary program is not merely about empowering young women; it’s about laying the foundation for a brighter, more equitable future.

At its core, Vision 20 is a commitment to fostering gender inclusivity and leadership development, particularly among young women. It’s about providing them with the right tools, resources, and support they need to thrive in a world of limitless possibilities.

Through mentorship from seasoned female executives within VFD Group, Vision 20 pairs aspiring young women with mentors who provide invaluable guidance and knowledge to help them excel in their chosen paths.

But Vision 20 is not just a short-term endeavour; it’s a long-term commitment to tracking the progress and success of these young ladies over the next two decades. This ensures ongoing support and guidance as they navigate the complexities of adulthood and leadership.

The importance of mentoring cannot be overstated. Through Vision 20, VFD Group is not just imparting knowledge and skills to these young women; they’re instilling confidence, resilience, and a sense of purpose.

They’re opening doors and expanding horizons, showing these individuals that with determination and support, anything is possible.

The highlight of the mentorship session at VFD Group was a visit to the office of the GMD/CEO, Nonso Okpala. Impressed by the students’ ambitions, Mr Okpala delivered an inspiring message, urging them to think big and pursue their dreams fearlessly.

“Hold on to your dreams and push yourself forward,” he exclaimed. “Remember, when your ambition scares you, that’s when you know you’re on the right path.”

As part of its commitment to empowering young women, VFD Group provided mentorship and seed funding to support their education. The provision of seed funding to each visiting student, presented by the company’s GMD/CEO, underscored the company’s dedication to nurturing future leaders.

In empowering the students of Readland Foundation, VFD Group isn’t merely shaping individual destinies; they’re sculpting the future of our nation.

As these young women embark on their journey, embedded in the unwavering support and belief of VFD Group, we eagerly anticipate witnessing the remarkable achievements and contributions they will undoubtedly make to society.

As Women’s History Month draws to a close, what better way to wrap up this celebration than with VFD Group’s visionary initiative, Vision 20? With the seeds of empowerment planted and the path to leadership set in motion, these young women stand ready to carve out a future where their voices resound with power and their achievements leave an indelible mark on society.

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Education

Again, NELFUND Extends Deadline for 2025/26 Session Loan Applications

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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.

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NRS to Boost Tax Education in Nigerian Institutions

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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.

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Education

Airtel Africa Foundation Gives Scholarship to 70 Nigerian Undergraduates

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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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