Education
Finalists Share Experiences at InterswitchSPAK Masterclass
By Dipo Olowookere
The InterswitchSPAK Masterclass 1.0 might have come and gone but the experience will linger on in the minds of the 81 finalists who participated in the project.
The Masterclass, which was held on Monday, August 27, 2018, comprised three 45-minute sessions where top-notch speakers engaged the students in lectures on various subjects.
Students were intellectually motivated by high-profile speakers led by Mr Mitchell Elegbe, GMD, Interswitch Group who discussed: ‘Emotional Intelligence and the Leadership Responsibility of Youths’; Mr Yinka Sanni, CEO, Stanbic IBTC Holdings Ltd, focused on ‘Social Innovation – The Power of Transformative Ideas’ and Eloho Omame, MD, Endeavour Nigeria, on the topic ‘Entrepreneurship – A Tool to Creating Impact in Our Society’.
The students certainly had very rewarding experiences from the Interswitch Masterclass 1.0. Some of them were willing to share;
‘I have decided to study Medicine to stop politicians from travelling abroad for medical treatment’ – Rasheed Yekini, from Demonstration Standard College, Okene, Kogi State.
The word ‘medical tourism’ has become commonplace in Nigeria, no thanks to government officials and their likes travelling abroad for every little health challenge. This is the reason why Rasheed Yekini of Demonstration Standard College, Okene intends to study Medicine and Surgery.
“The other day, a former Minister fell sick and was flown abroad for treatment. Recently, the governor in my state had an accident and travelled abroad for medical attention. From the Masterclass, I learnt that I can achieve anything I want by putting my mind to it. I also learnt that people from poor homes have a better chance to see opportunities and find solutions to them,” he said.
‘The Masterclass has helped change my mind about running away from Nigeria,’ Glory Okoli, from Ambassador School, Ota, Ogun State.
Although she also dreamt of relocating abroad for greener pastures, Glory Okoli has had a shift in mindset, thanks to the inspiring sessions at the Masterclass 1.0.
“When I saw people like Mitchell Elegbe and Yinka Sanni who against all odds, schooled and made it here in Nigeria, I changed my mind about ‘running away”, she said. An aspiring paediatrician, Glory wishes to study at the John Hopkins University, USA, but promises she would return home as a qualified paediatrician to help save the lives of Nigerian children who are most susceptible to diseases.
‘The Masterclass made me understand that by inventing new things, I can solve existing problems,’ Uchenna Okoro, from Incubators Academy, Kaduna.
Uchenna Okoro has always had the desire to create new things. He said: “The Masterclass made me understand that by inventing new things, I can solve existing problems and make the world a better place to live”. On why he entered for the InterswitchSPAK science competition, the aspiring Genetic Engineer sees the platform as one that will fully groom his potentials.
‘It is more beneficial when one person grows a business to employ thousands of people; than many small businesses of two, three people,’ Kosiso Ugorji, from Lagoon Secondary School, Lekki, Lagos.
The aspiring biomedical engineer has big dreams of inventing something that will revolutionize the entire medical system, beginning from her state (Imo State).
However, she learnt the importance of not just starting small, but steadily growing a business to become large-scale. She said: “I really gained a lot from the session by Ms Eloho Omame where she talked about scaling I learnt that it is important and more beneficial to the society when one person grows a business to become an employer of hundreds and thousands of people; instead of many small businesses of two, three people”.
‘My takeaway from the sessions is the need to imbibe principles, values, skills, wisdom and knowledge for a successful life,’ Asusu Cookey-Gam, from Jephthah Comprehensive Secondary School, Rivers State.
For Asusu Cookey-Gam of Jephthah Comprehensive Secondary School, Rivers State, coming to the competition was scary but the Masterclass was interesting and impactful. He said: “I learnt how to use technology to solve societal problems.
‘I plan to create a software which will help Nigerians become more tech-savvy,’ Feyisayo Adeaga, from the Ambassador School, Ota, Ogun State.
Feyisayo Adeaga, a student of The Ambassador School, Ota, was enlightened about the need to create a solution to a societal problem during the Masterclass.
Speaking on his experience, Feyisayo stated that he was ready to accept Mr. Sanni’s challenge of helping the country solve real problems to improve the lives of fellow Nigerians.
“I plan to become a Software/ Computer Engineer because I realize that many people in Nigeria are technologically illiterate,” he said.
‘Life goes beyond Physics, Chemistry and Biology; a good attitude is important,’ Oreofe Daniel, from Ambassador School, Ota, Ogun State.
For Oreofe Daniel, the Masterclass was super fun and interesting. The 15-year-old, who incidentally scored the highest marks in the InterswitchSPAK national qualifying examinations, also learnt that beyond knowing and passing Physics, Chemistry and Biology, it was important to apply the knowledge acquired to real-life situations and to develop a good attitude to life in general.
‘I want to impact my love of Math’s on the younger generation,’ Anuoluwa Aruleba, from Ambassador School, Ota, Ogun State.
Worried about the dearth of trained teachers in Nigeria and the resultant brain drain of Nigeria’s best educators, Anuoluwa Aruleba of The Ambassador School, Ota, wants to become a Mathematics teacher.
“Mathematics is my favourite subject and I want to impart my love and knowledge of Math’s on the younger generation”, she said. Her key takeaway from Mitchell Elegbe’s session of the Masterclass was that people will have expectations and perceptions about you and things around.
She said, “Expectations cannot be controlled but can be managed, so try to change people’s perception instead of lowering their expectations.”
‘Creating a positive impact is more important than making money,’ Gift Ukpoweh, from ECWA Model College, Oyo.
Ukpoweh Gift is a 14-year-old student of ECWA Model College, Oyo State. Probably one of the youngest finalists, Gift’s vision in life is to become a frontline architect due to her love for drawing and a desire to improve the field of architecture.
Her participation in the Masterclass further enhanced this vision as she learnt that impact should be the major reason for any venture.
She said, “I learnt that in everything we want to do in life, we should have a vision. I also learnt that in any field we want to go into, we must not go there only because of profit. Creating a positive impact is more important and should be our number one goal in life. That is what I intend to do when I become an architect”.
Commendably, Interswitch has sparked off a huge ripple from this 135 minutes of mentoring at the InterswitchSPAK Masterclass. There is no doubt that the forum has changed the mindsets of the students that participated, rekindling their interest in STEM and helping them to refocus their purpose and career paths.
Indeed, the InterswitchSPAK project has all the trappings of a revolution that will hopefully change the face of STEM education in Nigeria, leading into the future.
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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