Connect with us

Education

Ifeoluwa Abiodun Wins 2016 NSE Essay Competition

Published

on

2016-nse-essay-competition

By Modupe Gbadeyanka

A winner has emerged in the 2016 edition of the Nigerian Stock Exchange (NSE) Essay Competition for Senior Secondary Schools students in Nigeria.

Miss Ifeoluwa Toluwanimi Abiodun, a 14 year old student of Babington Macauley Junior Seminary, Ikorodu, Lagos State, was announced winner of the competition.

She clinched the first position at the award ceremony, held at the Civic Centre on Thursday, November 24, 2016, ahead of over 7,400 participants across the country, winning N500,000 in scholarship fund for university education, N250,000 worth of equity investment and a laptop. Her school was also rewarded with three desktop computers and a printer.

Udeaja Nneoma of Sacred Hearts College, Apapa, Lagos and Gbenjo Olasubomi Victoria of Good Shepherd Schools, Meiran, Lagos emerged first and second runner-ups respectively.

The three students were also honoured with a Closing Gong ceremony at the stock exchange.

The NSE Essay Competition is one of NSE’s financial literacy and inclusion initiatives aimed at bridging the gap between classroom learning and practical knowledge required for long-term personal financial planning.

It serves as an essential platform to get the perspectives of our young ones on key challenges relating to financial literacy and inclusion in Nigeria. The competition’s overall goal is to develop a culture of wealth creation amongst our youth towards “Building a Financially Savvy Generation”.

Speaking at the event, Chief Executive Officer of NSE, Mr Oscar Onyema, noted that the exchange has implemented and supported a number of programmes in line with the National Financial Literacy Framework (NFLF), which contribute to raising the level of financial literacy in Nigeria.

“To date, we have executed over 200 free capacity building workshops, aimed at enhancing investor understanding of the basics of investing. The multiplier effect of these workshops is phenomenal, as approximately 16,000 retail investors from the grassroots can now make better investment decisions,” he said.

“Improving financial literacy is at the core of what we do at the NSE because we recognize that the ability to make well-informed financial decisions plays an important part in the capacity of individuals to manage financial matters well, a factor that can have either a negative or positive ripple effect on the economy.

“I am proud to say that with the NSE Essay Competition, we have established a strong foundation for improving the financial literacy and capability of Nigerians.

“Through this competition, we have been able to promote financial literacy among young Nigerians, by encouraging them to learn how good financial decisions can better their lives now and in the future, and ultimately grow the economy,” Mr Onyema added.

According to him, the NSE, in the past 16 years, has through this laudable initiative impacted the lives of many Nigerian youths in various secondary schools positively.

“We have been able to inspire over 37,000 young people in more than 7,000 schools across Nigeria to learn how good financial decisions can better their lives now and in the future, and ultimately grow the economy,” he said.

The keynote speaker, Mrs Modupe Mujota, who is the Lagos State Commissioner of Education, Science and Technology, noted in her speech that the youth are the trustees of prosperity and the greatest asset bequeathed to any nation.

She advocated for a conscientious effort to ensure proper mentoring is done to achieve the requisite paradigm shifts per time.

Mrs Mujota commended the Exchange for the essay competition initiative and call on other financial associations to emulate the Exchange by organising related programmes that could assist our youth to embrace sound financial practices.

A life coach, Mr Lanre Olusola, advised the students to be focused and not be distracted from achieving their core goals in life.

“No matter what your dream is without sight you will not reach the goal”, he said.

This year’s competition was sponsored by Access Bank Plc, Presco Plc, Nigerian Breweries Plc, Rand Merchant Bank, FBN Holdings, UTC Nigeria, Mobil Oil and Ruff n Tumble.

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

Nigeria Introduces Textbook Ranking System to Improve Learning Standards

Published

on

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.

Continue Reading

Education

Tinubu Hails 2026 African Spelling Bee Championship Winner Adeolu Oreofe

Published

on

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.

Continue Reading

Education

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

Published

on

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.

Continue Reading

Trending