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FG Begins Implementation of New Retirement Age for Teachers

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Federal Teachers Scheme

By Sodeinde Temidayo David

The federal government has disclosed that it has commenced the implementation of new retirement age for teachers in the country.

This disclosure was made in Abuja while marking the 2021 World Teachers Day celebration themed Teachers at the Heart of Education Recovery.

At the 2020 World Teachers Day Celebration, President Muhammadu Buhari approved the extension of teachers’ retirement age to 65 years from 60 years or 40 years of service instead of the former 35 years of service.

At this year’s event, the President said the Ministry of Education has commenced education officers’ guidelines to ensure seamless implementation, stating that this had been negotiated and the outstanding salaries of affected teachers would soon be paid before December.

“I am not going to recount the entire components for implementation; however, the Federal Ministry of Education has commenced the pilot implementation of the increase in the retirement age to 65 or 40 years of service for teachers,” the President noted.

He further expressed that for teachers to effectively be at the heart of education recovery, there is a need for continuous re-tooling in the field.

He noted that teachers and all those connected with teaching and learning will now undergo annual training on modern techniques of teaching and learning.

Mr Buhari also revealed that education parastatals and other non-governmental organisations would partner with the government to achieve this aim, promising to collaborate with the defence ministry to ensure the protection of children in schools across the country.

The Minister of Education, Mr Adamu Adamu, commended the President and added that in an effort to fast track the implementation, the ministry constituted a national implementation committee, which submitted resolutions for implementation.

He noted that the ministry will liaise with the 36 states ministry of education, including the FCT Education Board, to identify the respective courses of study required by each state.

As stated by Mr Adamu, the award of N150,000 is proposed for undergraduates and N100,000 only to National College of Education (NCE) students.

Following this, beneficiaries must attend public institutions only and sign a bond to serve their state for five years on graduation.

The fund is set to be sourced from UBEC, TETFund and managed by the Federal Scholarship Board and sponsorship to at least one refresher training per annum.

Mr Adamu called on Nigerian teachers to continue to support the government to shape the future of the education sector and the country at large.

At the teachers’ day event held in Abuja, there was a presentation of the president’s teachers and schools’ excellence award to outstanding teachers and schools across the country to commemorate their day.

The awards are classified into different categories such as the 2021 best teachers in public, private schools, best public and private schools and best school administration.

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Education

Excitement as Oyo Promotes 16,500 Public Primary School Teachers

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Oyo Public Primary School Teachers

By Dipo Olowookere

Teachers in public primary schools in Oyo State are currently excited over the decision of the government to promote some of the dedicated ones.

They believe this action will motivate them to give their best to improve the quality of education in the state, which is now doing well at various external examinations and competitions.

On Wednesday, over 16,500 public primary school teachers across the 33 Local Government Areas (LGAs) of the state were elevated by the state government.

It was gathered that some of the teachers had spent some years without promotion before the assumption of office of the present administration led by Mr Seyi Makinde in 2019.

Speaking during a symbolic presentation of the letters to the teachers in Ibadan, the state capital, the Executive Chairman of the State Universal Basic Education Board (SUBEB), Dr Nureni Adeniran, charged the beneficiaries to redouble their efforts, saying the state government was committed and passionate about their welfare.

He affirmed that the promotion exercise was part of efforts by the present Government to boost education in the state, stating that, “When Governor Makinde assumed office, he promised to give priority to education and today, we have adopted measures to improve the standard of education in the state.”

Mr Adeniran commended the foresight of the Governor and his political will to transform the education sector in the state.

“Today, this government has approved and commenced distribution of promotion letters to over 16,500 public primary teachers in the state”.

“The welfare of teachers is taken very seriously by the Governor Seyi Makinde-led administration, salaries of teachers are paid as at when due.”

The SUBEB chief, who noted that the government was aware that recruitment of teachers would address the problems of inadequate manpower in the basic education sub-sector and promote teaching and learning, urged stakeholders to exercise more patience.

He stressed that soon, after resolving some bottlenecks, the Oyo State Government will employ primary school teachers with professional teaching qualifications based on merit.

In their separate remarks, the Chairman, Nigeria Union of Teachers, (NUT) Oyo State chapter and the Chairman, Association of Primary School Head-teachers of Nigeria (AOPSHON), Comrade Toju Adedoyin and Comrade Kunle Adedeji commended the state government for the promotion of teachers in the state.

They said that the promotion would boost the morale of teachers in Oyo State, adding that it will promote teaching and learning.

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Education

What You Need to Know About Education Trust

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Education Trust

By FBNQuest

There is no doubt that the joy of parenting beats the responsibility of raising children. However, poor planning can make this obligation harder than it needs to be.

Planning for your child’s future can be expensive. Paying for necessities, school fees, hobbies, family vacations, and unexpected events in life quickly adds up.

If you are a parent, then these expenses are either in your present or your future. Putting a child through formal education often represents regular rising fee payments over about 16 years if they enrol in a tertiary institution.

To limit the stress related to financing your child or children’s education, it is best to start planning for it early. An Education Trust provides an innovative and efficient way to do this.

Rising tuition prices could mean that many families struggle to afford their children’s secondary and higher education without borrowing money or taking out loans. In addition, to relieve future stress, creating an Education Trust for your child presents a vehicle into which family members, guardians and close friends who would like to support a child can make their contributions.

An Education Trust is overseen by a Trustee, who can ensure that the Trust is used for educational purposes only. Through the Trust instrument, the Trustee can be directed to handle the funds in virtually any manner you wish as the creator of the Trust.

In addition to addressing costs associated with a beneficiary’s education, the Trust could specify periodic payments of set amounts to the beneficiary and prescribe the usage of the Trust’s assets upon the completion of the beneficiary’s education. They may also be designed to provide for children that you may have in the future. Education Trusts can be operational immediately or upon the demise of the creator of the Trust.

Contemplating financing your child’s future education while catering to your current financial obligations need not be a hassle, there are several options for how your own financial and physical assets can be incorporated into an Education Trust.

FBNQuest Trustees can guide you through creating an Education Trust for your loved ones to make life easier for you as a parent and for the children/ward.

We are happy to advise you on how to combine assets that you own now with those you will earn in the future into an Education Trust that caters to the needs of the beneficiaries in line with your wishes.

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Education

23,000 Nigerians Benefit from Chevron Scholarship

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Chevron Scholarship

By Adedapo Adesanya

Chevron Nigeria has disclosed that 23,000 Nigerians have benefitted from its scholarship programmes since its inception, including postgraduate scholarship in Nigeria and foreign universities.

The Chairman and Managing Director of Chevron Nigeria and Mid-Africa Business Unit, Mr Rick Kennedy, said over 16,500 students from all the 36 states in Nigeria have benefitted from the Medical and Engineering Professional Scholarship programme, put together by Chevron and her JV partners in Agbami field, since 2009.

The Chevron boss explained that from the 16,500 Medical and Engineering Professional Scholarship, 715 students have graduated with first-class degrees.

CNL’s General Manager, Policy, Government and Public Affairs, Mrs Esimaje Brikinn, quoted the company’s boss explaining that Chevron and its deepwater partners have continued to invest in education infrastructure, and has executed over 25 libraries across the country.

“Chevron companies in Nigeria have continued to support education development in the Niger Delta region and across the country through the development of education infrastructure, capacity building and scholarships.

“The scholarships include; the NNPC/CNL JV national university scholarship and the community scholarship program which caters for students in both secondary and tertiary institutions from communities in CNL’s areas of operations (GMoU and non-GMoU communities).

“Additionally, CNL awards scholarships to visually-impaired students to enhance their access to quality education.

“Over 23,000 people have benefitted from the company’s scholarship programs which include scholarships for community postgraduate scholars in Nigeria and foreign universities. Six of the over 180 community postgraduate students graduated with distinction.

“CNL also deploys the Science Teachers project meant to boost science education in remote secondary schools in the Company’s areas of operation.

“The program ensures the posting of National Youth Service Corps science graduates to serve their mandatory one-year period as science teachers, with Chevron providing extra incentives to NYSC members for the duration of the program.

“Since the inception of the Agbami Medical and Engineering Professional Scholarship programme in 2009, over 16,500 students from all the states of Nigeria have benefitted from the scholarship, out of which 715 students have graduated with first-class degrees.

“Chevron and its Deepwater partners have continued to invest in education infrastructure. As of today, the parties have executed 39 Science laboratory complexes and 25 conventional and hybrid libraries across the country.

“Also, Chevron and its partners embark on a wide range of activities to encourage students to develop an interest in key subjects of science, technology, engineering, and mathematics and, ultimately pursue STEM courses and career,” she said.

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