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GE Power, Eskom Give $2.4m in Bursaries to 60 Students

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By Modupe Gbadeyanka

About $2.43 million (R30 million) has been given to 60 students from the Mpumalanga province in South Africa.

The amount was given in bursaries by GE Power in collaboration with Eskom and will run for a period of four years, covering accommodation costs, books and a living stipend with Eskom also giving laptops to each of the bursary recipients.

The 60 students, who are from Ehlanzeni, Gert Sibande and Nkangala district respectively, will study at more than 10 higher learning institutions across the country.

Commenting on the development, General Manager of GE Steam Power in Sub-Saharan Africa, Lee Dawes, stated that, “GE’s Steam Power business believes firmly in supporting the South African government’s commitment to skills development and we are proud to be a key participant of this initiative.

“We understand the importance of ensuring that the future generation of engineers, technicians and scientists have access to the training and support that they need to develop and contribute to the development of the country.”

Also speaking, GE Steam Power Project Director at Kusile Power Plant, Ms Nthabiseng Kubheka, stressed that, “The future of the African continent is reliant on skills especially in science, technology, engineering and mathematics and these bursaries will ensure great progression of empowering the youth of Mpumalanga,” adding that, “This initiative is one of many programs that GE’s Steam Power business is implementing to empower the youth with skills especially in communities where we work” she added.

Executive Mayor of the Nkangala District, Cllr Linah Malatjie, also said, “We commend you for a job well done and encourage you to maintain your spirit of hard work, dedication and commitment. We are planting a seed towards ensuring an improved level of the graduate professional base in the district. We will achieve this through ensuring that education remains at the apex of our priorities in moving our district forward, and this bursary initiative reflects this commitment.”

GE Power’s Steam Power business and the South African government, through the Accelerated and Shared Growth Initiative South Africa (Asgi SA), have collaborated to establish a graduate development programme with 155 trainees in various fields of engineering in both Kusile and Medupi Projects and was awarded the Best Training Programme (Large Company) at the recently held Skills Development Summit in Johannesburg.

GE’s Steam Power is committed to supporting South Africa’s power development priorities and building the next generation of South African engineers in the local communities where it operates.

Eskom is a utility power company operating in South Africa.

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.

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Education

FG Raises WAEC, NECO Examination Fees by 82% to N50,000

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waec neco

By Modupe Gbadeyanka

The examination fees of Senior School Certificate Examinations (SSCE) conducted by the West African Examinations Council (WAEC) and the National Examinations Council (NECO) have been increased by the federal government by about 82 per cent to N50,000 from N27,500.

A circular signed by the Director of Senior Secondary Education in the Federal Ministry of Education, Mr Adeniji Ibrahim, disclosed that the new fees would become effective in 2027.

In the notice, it was disclosed that the government approved the upward review of the fees following a request by WAEC.

It was further disclosed that the decision to jack up the fees was reached after a March 31, 2026, meeting between the Minister of Education and examination bodies, where the need to review examination fees was discussed.

“You may recall that at a meeting of examination bodies held with the Minister of Education on March 31, 2026, where the need for upward review of examination fees was discussed, the Minister directed that WAEC and NECO should adopt a uniform fee for the conduct of WAEC and NECO SSCE,” the statement read.

“Consequently, I am directed to convey the Minister of Education’s approval of the sum of N50,000 only, as the new examination fee per candidate, with effect from NECO SSCE (Internal), 2027,” it added.

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Education

FIRST E&P Backs Next Generation of Nigerian Engineers at Olympiad Finale

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FIRST E&P Olympiad Finale

**Modibbo Adama University Emerges Grand Prize Winner, Secures N50m

A leading integrated independent exploration and production company with full-cycle upstream delivery capability, FIRST Exploration & Petroleum Development Company (FIRST E&P), has reaffirmed its commitment to developing Nigeria’s next generation of engineers.

This commitment was highlighted during the grand finale of the maiden edition of the Nigerian Engineering Olympiad (NEO), held on Tuesday, June 30, 2026, at Eko Hotel & Suites, Victoria Island, Lagos.

The event recognised outstanding student innovators whose engineering solutions addressed real-world challenges, marking the culmination of months of regional qualifiers, prototype development, mentorship and boot camp sessions that equipped students from universities and polytechnics across Nigeria with practical skills in engineering, innovation and entrepreneurship.

The Olympiad attracted 984 participants across 375 teams from more than 80 tertiary institutions representing all six geopolitical zones of the country.

Delivering the sponsor’s address, the General Manager, Engineering and Capital Projects, FIRST E&P, John Alamu, emphasised that the competition reflects the company’s commitment to equipping students with the practical knowledge and innovative mindset required to excel in engineering and strengthen Nigeria’s future workforce.

Alamu, noting that initiatives such as the Engineering Olympiad provide a structured platform for young talent to transform innovative ideas into practical solutions that contribute to the country’s technological and industrial advancement, stated that, “FIRST E&P believes that developing STEM capacity is an investment in this country’s ability to solve its own problems. The Nigerian Engineering Olympiad has taken young engineers and taught them to think beyond the drawing board, and FIRST E&P is proud to have been a funding partner for this initiative. I commend NCDMB for championing the Olympiad and Enactus Nigeria for successfully delivering a platform that is helping shape the next generation of Nigerian engineers and innovators.”

In his address, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, represented by the Acting Director, Planning, Research and Statistics, Silas Ajimijaye, expressed appreciation to FIRST E&P for their unwavering support in successfully delivering the Olympiad.

Ajimijaye added that the initiative aligns with the Federal Government’s Nigeria First Policy, which aims to build indigenous engineering capacity and equip young Nigerians with the knowledge and skills needed to drive industrial competitiveness, technological advancement, and sustainable national development.

The competition concluded in the awarding of prizes, with Team Mavericks of the Modibbo Adama University of Technology, Adamawa State, winning the grand prize of N50 million and a Centre of Excellence building for its Faculty of Engineering.

The team’s winning innovation, Ubuntu Sapphire, is a community-powered rapid alert system that uses affordable devices to instantly notify neighbouring households and emergency responders during emergencies, offering a practical solution aimed at strengthening community security and emergency response infrastructure.

Speaking after receiving the award, Team Lead, Dr David Patrick, expressed gratitude to the organisers and sponsors for providing a platform that fostered innovation and practical learning.

The University of Ibadan emerged as the first runner-up, receiving N30 million and N75 million worth of engineering equipment for its Faculty of Engineering. The University of Nigeria, Nsukka, secured third place and was awarded N20 million and N50 million worth of engineering equipment. The University of Jos finished fourth, receiving N10 million.

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Education

UBA Foundation Inspires Savings Culture With Money Explorers Book

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UBA Money Explorers Book

By Modupe Gbadeyanka

The Corporate Social Responsibility arm of the United Bank for Africa (UBA) Plc, UBA Foundation, has collaborated with Slum2School Africa to deliver a hands-on financial literacy workshop for underserved children.

At the event designed to equip participants with essential money management skills from an early age, an engaging learning companion, the UBA Money Explorers Book, was presented.

The book introduces the children to the fundamentals of financial literacy through interactive stories, practical money ledgers, games and activities.

The pupils were also introduced to the UBA Red Vault, a savings product created to encourage healthy financial habits from childhood.

This is part of UBA Foundation’s broader financial inclusion and social impact agenda, which promotes education, youth empowerment and community development through innovative learning programmes and grassroots outreach across the group’s 20 African countries of operation.

The Managing Director of UBA Foundation, Ms Bola Atta, underscored the importance of introducing children to financial education early, noting that such interventions help build lifelong habits that foster confidence, responsibility and economic independence.

“Every child deserves the tools to dream bigger and plan better, regardless of where they come from. When we teach a child to understand money, we are giving them confidence, choice and a clearer sense of what is possible.

“Our partnership with Slum2School Africa enables us to reach children who stand to benefit the most, and seeing their enthusiasm as they learn reminds us why this work is so important,” she stated.

Also commenting, UBA’s Segment Executive for Children and Youth Banking, Ozioma Obi, said, “We are creating products and experiences that make banking simple, relatable and enjoyable for children from their very first lesson.

“The Money Explorers Book and the UBA Red Vault are designed to make saving exciting rather than a task. When children begin this journey early, they develop habits that will serve them throughout their lives. That is how we nurture informed, empowered and financially responsible future generations.”

On his part, the Senior Programmes Manager for Slum2School Africa, Mr Adekunle Idowu, said, “Financial literacy is a life skill that every child deserves, regardless of their background.

“Through this partnership with UBA Foundation, we are helping children develop the confidence, knowledge and discipline to make informed financial decisions from an early age. When we empower children with these skills today, we are investing in a more financially responsible and economically resilient future.”

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