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Fountain University Names Jaiz Bank Chairman as Chancellor

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Fountain University Chancellor Umaru Mutallab

By Modupe Gbadeyanka

Chairman of Jaiz Bank Plc, Dr Umaru Mutallab, has been inaugurated as the new Chancellor of the Fountain University, Osogbo, Osun State. This was done on Tuesday at the institution’s 9th convocation ceremony held at the school’s auditorium.

The ceremony followed the approval of Mr Mutallab as Chancellor by the board of trustees and management and announced during a courtesy visit by the NASFAT executive members to his office in Abuja last November.

Mr Mutallab, while speaking during the ceremony, said that he felt honoured to be appointed chancellor of the university, adding that he would deploy his wealth of corporate experience and resources to foster growth and development of the institution.

“Let me thank the proprietors of this university, the Nasrul Lahi al-Fatihi Society (NASFAT) for considering me worthy of appointment as the Chancellor of this university. This is indeed the right moment for me to publicly acknowledge the honour accorded me.

“I consider this honour a privilege to serve my dear community and humanity. It comes to me after a modest five-decade career in the corporate world, and at a time that a retiree of my age is willing to commit more of his energies to charity and every possible way of pleasing the Almighty.

“I consider this a call to serve the young generation of youths to whom we all owe a duty of facilitating a brighter, prosperous and rewarding future,” the renowned banker said.

“I intend to deploy my vast experience in the corporate world to make Fountain University the pride of the Nigerian university system. The vision is to transform the university into a centre of excellence whose curricular will be skill-driven and employment generating in content and delivery, well beyond the statutory period of their validity,” he further said.

Vice-Chancellor of Fountain University, Prof. Amidu Sanni, said he is optimistic that the appointment of the new Chancellor will fast track several other developments to the university, which would enhance learning, research and community service.

In his remarks, the president of NASFAT worldwide, Mr Niyi Yusuff, expressed appreciation to the Chancellor for accepting the offer, stressing the institution is lucky to have such a prominent personality with wisdom, networks, and resources on the school’s board.

Dignitaries at the event included Osun State Governor, Mr Isiaka Oyetola; his wife, Mrs Kafayat Oyetola; Chairman Board of Trustees of Fountain University, Mr Abdulwaheed Adeola; former Vice Chancellor Fountain University, Prof Deji Oloyede; NASFAT President, Mr Abdul-Mumin Yussuf; Pro-Chancellor and Chairman of Council Fountain University, Vice-Admiral Jubril Ayinla, among others.

Mr Mutallab is a renowned business and banking leader, who is presently the Chairman of Jaiz Bank. He served as Minister of Economic Development in 1975. He was later a member of Nigeria’s Federal Executive Council (1976-1978). He was also a former Chairman of First Bank Nigeria (1999-2009).

Mr Mutallab played a major role in introducing Islamic banking into Nigeria. He has also served on the boards of directors of several companies, including Arewa Textile Limited, NEPA, NACB, NCC, Nigeria Agip Oil, and Cement Company of Nigeria, and in 2009 was Chairman of several companies, including Impresit Bakolori Plc, Incar Nigeria Plc, and Spring Waters Nigeria Limited (SWAN).

Mr Mutallab is chairman of the Business Working Group of the Vision 20:2020 Committee in Nigeria, and president of the Old Boys Association of Barewa College.

He is a Fellow of both the Association of Chartered Certified Accountants (FCCA) and the Institute of Chartered Certified Accountants of Nigeria (FCA). Mr Mutallab was awarded the title of Commander of the Order of the Niger, one of Nigeria’s highest honours.

Fountain University was established by the Nasrul-lahi-li Fatih Society in 2007. It is a privately-owned Islamic faith-based university in Osun State.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Education

Controversial Nursery School English Language Textbook Not Approved—Lagos Govt

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woman review textbook

By Modupe Gbadeyanka

The Lagos State government has stressed that it did not approve the use of the controversial nursery school English language textbook in public and private schools in the state.

A mother had come online to criticise an alleged inappropriate content in her child’s textbook. It was claimed that the publisher of the book threatened to sue the woman.

Reacting to the development, the Permanent Secretary in the Lagos State Ministry of Basic and Secondary Education, Mrs Abisola Dokunmu-Adegbite, said the “textbook is not among the approved and recommended instructional materials authorised for use in public, or approved private schools across the state.”

According to her, the ministry maintains a strict policy on the selection and approval of educational materials to ensure that all learning resources are age-appropriate, morally sound, and align with the educational standards and values of the state.

She stated that based on preliminary findings, the “school featured in the video is located somewhere in Ojo Local Government, Lagos State.”

“The name of the school and publisher have been identified for further investigation and appropriate actions.  The public is hereby assured of qualitative foundational education for our children in the state,” the senior government official said in a statement on Tuesday.

Mrs Dokunmu-Adegbite reiterated that only government-approved textbooks and instructional materials are permitted for use in schools in Lagos State, advising school administrators, proprietors, and teachers “to adhere strictly to these guidelines to safeguard the moral and academic development of our learners.”

She assured parents, guardians, educators, and the general public that the state government will always work hard to ensure children get quality education.

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Education

Nigeria Introduces Textbook Ranking System to Improve Learning Standards

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Textbook Ranking System

By Adedapo Adesanya

The federal government announces the introduction of a National Textbook Ranking System for Primary, Junior and Senior Secondary Schools across the country as part of ongoing efforts to strengthen quality assurance and standardisation in Nigeria’s education sector.

The development was disclosed in a Monday statement signed by Mrs Folasade Boriowo, the Director of Press and Public Relations, Federal Ministry of Education, noting that the initiative is designed to address the growing proliferation of textbooks in schools and ensure that only high-quality, curriculum-compliant learning materials are approved for classroom use.

The Implementation of the National Textbook Ranking System will commence from the September 2026 academic session, following the establishment of the Standing Subject Committees and completion of the evaluation framework.

The statement disclosed that the Minister of Education, Mr Tunji Alausa, alongside the Minister of State for Education, Professor Suiwaba Sai’d Ahmad, stated that under the new system, the Nigerian Educational Research and Development Council (NERDC) will continue to exercise its statutory authority to approve textbooks for use in Nigerian schools.

The Ministry explained that the textbooks will now be ranked through a structured national evaluation process to determine the most suitable and highest-quality options for each subject and level of education.

The statement reads, “As part of the reform, NERDC will establish Standing Subject Committees comprising experts in relevant subject areas. These committees will conduct rigorous reviews of textbooks submitted by publishers and evaluate them based on clearly defined academic and pedagogical standards.

“Following this evaluation process, only a limited number of textbooks will be ranked and approved for use in schools for each subject, ensuring improved quality control and consistency in teaching and learning materials across the country.”

The Ministry explained that the introduction of the ranking system is expected to significantly reduce the excessive number of textbooks currently in circulation in many schools, which has often created confusion for teachers, students and parents.

The statement added, “The reform also aims to bring greater transparency, order and quality assurance into the textbook approval process while aligning Nigeria’s education system with international best practices in instructional material standardisation.

“Under the new policy, NERDC will continue its responsibility of licensing textbooks. However, any textbook that is not ranked under the new system will not be permitted for use in Nigerian schools, regardless of prior licensing status.”

The statement further revealed that the Education Ministry will communicate the new ranking policy to teachers and other key stakeholders in the education sector to ensure proper awareness and compliance with the new framework.

The federal government reaffirmed that the reform forms part of broader efforts to strengthen the quality of education delivery, enhance learning outcomes and ensure that Nigerian students are equipped with the best possible learning resources.

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Education

Tinubu Hails 2026 African Spelling Bee Championship Winner Adeolu Oreofe

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Adeolu Oreofe

By Modupe Gbadeyanka

The winner of the 2026 African Spelling Bee Championship, Ms Adeolu Oreofe, has been congratulated by President Bola Tinubu.

In a statement on Friday by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, the President described the outstanding achievement of the 14-year-old student as the importance of sustained investment in education, literacy, and youth development.

The student of St. Lawrence Metropolitan College in Ado Ekiti claimed the championship in the Junior Category in Harare, Zimbabwe recently.

She defeated contestants from over 20 African countries to claim the continental crown, which comes with a $5,000 educational scholarship.

She finished second at the 2023 MTN Spelling Bee and the 2024 Ekiti State Spelling Bee. She then placed fifth at the 2025 African Spelling Bee and second at the 2025 Nigeria Spelling Bee, before clinching the first prize this year in the continental championship.

Mr Tinubu applauded Oreofe’s dedication, as well as the unwavering support of parents, teachers, and mentors who contributed to this remarkable success, noting that she did not allow earlier disappointments to deter her from her determination to reach the top.

“I am convinced that this feat not only brings honour to Nigeria on the continental stage but also serves as an inspiration to millions of young Nigerians to pursue excellence in academics and personal development.

“As a government, we will continue to strengthen the education sector by creating opportunities that enable Nigerian youths to compete and excel globally. I wish Miss Oreofe continued success in her future endeavours,” the President further said in the statement by his chief spokesman.

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