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GTBank Launches #BeatTheDistance Campaign to Boost Education in Rural Communities

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As the country marks the 2019 Children’s Day, leading Nigerian Bank, Guaranty Trust Bank Plc (GTBank) has launched a nationwide initiative, tagged #BeatTheDistance, to improve educational outcomes for children in rural communities by easing the difficulties they face with mobility to school and back. Through the initiative, the Bank is providing students in remote parts of the country with bicycles to reduce the time and energy they expend in getting to school whilst helping to boost their attendance and focus on academics.

One of the biggest barriers to education for millions of children in Nigeria’s rural communities is often the physical act of getting to school, which could be as far as 10 kilometers away from home. The challenge of covering such a distance twice every day on foot, coupled with the responsibility of doing chores in the morning, significantly curtails school attendance rate increases the chances of students dropping out, and hampers academic performance. By providing them with bicycles, the Bank aims to empower the children most affected by these challenges beat the distance, not just to school, but between their present realities and immense potential.

Organized as part of the GTBank CSR Action for Rural Empowerment Scheme (GTBank CARES), the initial stage of the #BeatTheDistance initiative will focus on children in 20 rural communities across the Taraba, Enugu and Ondo States.

Jerry Hannatu, a student of Government Technical Training School, Jalingo, is one of the first beneficiaries of the initiative. Before receiving the bicycle from GTBank, he had to trek for an hour and a half to get to school. Now, his 10-kilometer journey to school takes him about a quarter of that time. Jerry and other beneficiaries like him will now be able to spend less time traveling to school and more time in the classroom improving their academic performance and attaining the skills and knowledge to reach their full potential.

Commenting on the Bank’s #BeatTheDistance initiative, the Managing Director and Chief Executive Officer of Guaranty Trust Bank plc, Mr Segun Agbaje, said; “Children are our greatest hope for a better future, and it is our duty to ensure that every child has access to quality education regardless of their socioeconomic background or geographic location.As an institution that is passionate about empowering young people to reach their full potential, this initiative reflects our commitment to building a society where distance is no longer a barrier to education for any child, and in every community.”

He further stated that “At GTBank, we will continue to leverage our unique capabilities and broad networks to help people and communities thrive. Whether we are intervening in public education, investing in underserved communities, promoting the Arts or working to protect the environment, we are constantly looking for creative and impactful ways to touch lives and give back to society.”

GTBank is regarded by industry watchers as one of the best run African financial institutions across its subsidiary countries and serves as a role model within the financial service industry due to its bias for world-class corporate governance standards, excellent service quality, and innovation.

The Bank, through its clearly defined Corporate Social Responsibility, champions education for all, empowers under-served people and communities expand access to healthcare, promotes African Art and advocates for environmental protection. In 2018 alone, the Bank carried out more than one hundred CSR projects across the 36 states and Federal Capital Territory of Nigeria, impacting the lives of hundreds of thousands of people and supporting some of the most underserved communities in the country.

 

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

Tinubu Chooses Adelabu as NECO Board Chair, Salako to Chair NBTE Board

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Bola Tinubu 2027 presidential election

By Adedapo Adesanya

President Bola Tinubu has made new appointments in the country’s educational sector, covering the National Examination Council (NECO), the National Board of Technical Education (NBTE), the Federal Polytechnic in N’yak Shendam, Plateau State, and the National Library of Nigeria, all institutions under the Federal Ministry of Education.

According to a statement on Wednesday, President Tinubu appointed Professor Modupe Adeola Adelabu as Chairman of the Governing Board of NECO, and retained the current registrar, Professor Ibrahim Dantani Wushishi.

The President also appointed Dr Bongfa Binfa as Rector of the Federal Polytechnic, N’yak-Shendam, Plateau State, and renewed the tenure of Professor Chinwe Veronica Anunobi as chief executive of the National Library of Nigeria.

For the chairmanship of the National Board of Technical Education (NBTE), President Tinubu appointed Professor Babatunde Salako.

On April 10, President Tinubu reappointed the incumbent executive secretary, Professor Idris M Bugaje, for a second and final term of five years.

Professor Adelabu, who will chair NECO, is a retired Professor of educational administration who rose through the ranks to full professorship at the Obafemi Awolowo University (OAU) in Ile-Ife, Osun State.

She was a former Deputy Governor of Ekiti State (2013- 2014) and the Chairman of the National Board for Technical Education (NBTE) between 2018 and 2021.

Professor Babatunde Salako, the new chair of NBTE, is a globally respected researcher with decades of experience in higher education, institutional governance and national policy leadership.

He previously served as the Director General of the Nigerian Institute of Medical Research (NIMR) from 2016 to 2024, a period during which the institute experienced significant revitalisation, enhanced research governance, expanded international collaborations, and improved infrastructure and research outputs.

Dr Binfa, from Plateau State, succeeds Dr Mukaila Zakari Ya’u, the pioneer Rector of the Federal Polytechnic, N’yak-Shendam, whose tenure expired on March 16, 2026.

President Tinubu approved the appointment of Dr Binfa for a single term of five years, following the conclusion of the process for appointing a new Rector through a public advertisement in national dailies in September 2025.

Dr Binfa holds a Doctor of Philosophy (PhD) in Mechanical Engineering from Universiti Teknologi Malaysia. Before this appointment, Dr Binfa was Deputy Rector (Academic) at the Federal Polytechnic of Oil and Gas, Bonny. He was also a Lecturer in the Mechanical Engineering Department at the Federal Polytechnic, Idah.

President Tinubu approved the renewal of the tenure of Professor Chinwe Veronica Anunobi as CEO of the National Library of Nigeria for a final term of five years. She was first appointed on September, 2, 2021.

Since assuming office, she has led several institutional reforms aimed at repositioning the National Library as a modern technology-driven knowledge institution, including the development and operationalisation of the National Repository of Nigeria, the Newspaper and Magazine Locator, the Index and Abstract to Nigerian Newspapers, and the National Virtual Library of Nigeria.

She has also played a strategic role in advancing the long-awaited completion of the National Library Headquarters project and in initiating plans to migrate heritage collections from the 34 state branches to the new headquarters in Abuja.

According to the statement, the President expects that the renewal of her tenure would ensure continuity in the implementation of ongoing reforms, completion of the National Library Headquarters project, and execution of the 2025-2030 Strategic Plan of the institution.

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Education

Senior Varsity Workers Warn of Indefinite Strike After April 30 Deadline

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SSANU

By Adedapo Adesanya

The Senior Staff Association of Nigerian Universities (SSANU) has issued a final deadline of April 30 for the federal government to conclude the ongoing renegotiations with its members or face indefinite shutdown of universities nationwide.

The warning was contained in a communiqué at the end of a Special National Executive Council (NEC) meeting of SSANU over the weekend in Abuja.

The union, in the document signed by its National President, Mr Muhammed Ibrahim, clarified that negotiations with the government were still ongoing and have not been concluded, contrary to reports suggesting otherwise.

SSANU expressed concern over what it described as misleading information circulating in the public domain, particularly claims that a 30 per cent increase in allowances had already been approved. The union insisted that no such agreement has been finalised or signed by the parties involved.

Reaffirming its stance, SSANU stressed that it would not accept any outcome that falls short of the understanding reached during the renegotiation process. It emphasised the need for fairness, due process and respect for collective bargaining principles in arriving at a final agreement.

Part of the communique read: “NEC reaffirmed that the renegotiation process with the Federal Government is still ongoing and has not been concluded.

“NEC expressed serious concern over attempts in the public domain to portray the process as concluded, particularly through the circulation of a letter suggesting approval of a 30 per cent increase on allowances, when discussions are still in progress, and no final agreement has been signed by the parties.

“It maintained that SSANU will not accept any outcome that falls below the negotiated understanding reached in the course of the renegotiation process and insists that fairness, due process and collective bargaining principles must be respected.

“Consequently, NEC in session, reaffirms its position by the Joint Action Committee of NASU and SSANU on the final ultimatum given to the Federal Government from April 1 to 30 to conclude the renegotiation process and sign their respective agreements. Should the Federal Government fail to conclude the renegotiation process and sign the agreements within the stated period, SSANU will have no alternative but to commence an indefinite, comprehensive and total industrial action along with NASU.

“NEC calls on all members of the Union across the branches to remain calm, vigilant, united and prepared to fully comply with the decisions of the Union in defence of their welfare, dignity and collective interest.

“NEC in session passes a vote of confidence on the National Administrative Committee under the leadership of M. H. Ibrahim, and also reaffirms its full support for the union.

“NEC reiterates that SSANU remains committed to the defence of the rights and welfare of its members and will continue to pursue justice with firmness, unity and resolve.”

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Education

NELFUND Crosses N242bn Disbursement Milestone

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NELFUND

By Adedapo Adesanya

The Nigerian Education Loan Fund (NELFUND) says it has reached a major milestone in its student support intervention programme, with a total of 1,388,592 students benefiting from the federal government’s education loan scheme and the cumulative disbursement now reaching N242.4 billion since the initiative became fully operational with the launch of its application portal on May 34, 2024.

According to the Leadership Newspapers, these figures were contained in the latest Student Loan Disbursement Status Report, which it exclusively obtained, covering activities from the launch date to April 15, 2026.

The report showed that over 1.7 million applications have been recorded since inception. Of this number, 1,388,592 students have successfully benefited from the loan scheme.

The cumulative sum disbursed under the scheme now stands at N242,400,915,093.25 (N242.4 billion), comprising institutional fees and student upkeep allowances.

A breakdown of the figure shows that N157,455,283,093.25 (N157.4 billion) was paid directly to beneficiary institutions as tuition and institutional charges, while N84,945,632,000.00 (N84.9 billion) was disbursed as upkeep allowances to students to support their living expenses during the course of study.

The dual disbursement structure, covering both institutional fees and student upkeep, is designed to ensure that beneficiaries are not only enrolled in school but also able to sustain themselves throughout their academic programmes.

The report further shows that 288 tertiary institutions across Nigeria are currently benefiting from the scheme. These include federal and state universities, polytechnics, and colleges of education.

The report stated: “Applications received since inception stand at 1,771,797. A total of 1,388,592 students have so far benefited from the loan scheme since its inception.

“The scheme currently has 288 beneficiary institutions, indicating its reach across tertiary institutions nationwide…

“This report presents a summary of significant milestones achieved since the launch of the NELFUND Student Loan Portal. It details disbursements made to institutions for tuition fees and direct upkeep allowances to students, delivering on one of the key promises of the Renewed Hope Agenda of empowering every Nigerian student,” it added.

The student loan scheme is one of the flagship social investment programmes under the Federal Government’s Renewed Hope Agenda, aimed at expanding access to education and building a skilled workforce for national development.

It is anchored on the principle that no Nigerian student should be denied tertiary education due to financial constraints.

It was established following the signing of the Access to Higher Education Act, 2023, which provided the legal framework for the creation of a centralised student loan scheme in Nigeria.

The agency was set up to manage, disburse, and recover education loans in a transparent and accountable manner.

The fund was created in response to longstanding challenges in Nigeria’s tertiary education sector, including inadequate funding, rising tuition costs, and the growing number of out-of-school youths unable to access higher education.

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