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Ifeoluwa Abiodun Wins 2016 NSE Essay Competition

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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.

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Education

Tinubu Renames PTDF College After Shehu Musa Yar’Adua

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By Adedapo Adesanya

President Bola Tinubu has approved the renaming of the Petroleum Technology Development Fund (PTDF) College of Petroleum and Energy Studies, Kaduna, in honour of the late statesman, General Shehu Musa Yar’Adua, in a move aimed at preserving his legacy while strengthening Nigeria’s specialised energy education framework.

The PTDF announced that, following a presidential directive, the institution will now be known as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology.

In a statement, the Fund said the renaming reflects the federal government’s recognition of Yar’Adua’s contributions to national unity and Nigeria’s democratic evolution.

The late statesman, who died in 1997, was a prominent Nigerian soldier, politician, and businessman. He served as the Chief of Staff, Supreme Headquarters, under General Olusegun Obasanjo’s military administration from 1977 to 1979. He was the elder brother of former Nigerian President Umaru Musa Yar’Adua.

“This historic renaming honours the enduring legacy of the late statesman, General Shehu Musa Yar’Adua, celebrating his profound contributions to national unity and the democratic journey of Nigeria,” the PTDF stated.

The institution, established to develop high-level manpower and technical expertise for Nigeria’s petroleum and energy industries, is expected to continue its academic and research activities without disruption despite the name change.

According to the PTDF, the university will maintain its focus on delivering advanced education, research and technology-driven solutions for the country’s oil, gas and emerging renewable energy sectors.

“The institution remains firmly committed to its mandate of delivering world-class research, specialised training, and cutting-edge engineering technology solutions to power Nigeria’s oil, gas, and renewable energy sectors,” the statement added.

The Fund further assured students, academic partners, industry stakeholders and development institutions that all existing programmes, collaborations and operational activities would continue seamlessly under the university’s new identity.

“All ongoing academic programs, partnerships, and operations continue uninterrupted under this new institutional identity,” PTDF said.

The renaming comes as Nigeria intensifies efforts to build local capacity and technical expertise to support energy transition goals, deepen indigenous participation in the petroleum industry and strengthen research-driven innovation across the energy value chain.

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Airtel Green Schools Initiative Births to Promote Sustainability Education in Nigeria

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By Modupe Gbadeyanka

A sustainability-focused programme known as Airtel Green Schools has been launched by Airtel Africa Foundation, as part of activities to commemorate the 2026 World Environment Day, themed Climate Action.

The initiative will create environmental learning spaces in primary and secondary schools, with the spaces to be branded Airtel Garden.

Already, the company’s 10 adopted schools, located in nine states across the country’s six geopolitical zones, have been onboarded as Green Schools.

Each of the schools now features an Airtel Garden, with dedicated sections for edible crops, fruit trees and shade trees, enabling pupils to learn firsthand about food cultivation, biodiversity and the importance of increasing green cover to help mitigate the effects of climate change.

The gardens also incorporate composting stations where organic waste generated within the school environment can be converted into nutrient-rich compost. To boost circular economy practices, plastic recycling segments have also been built into repurpose common wastes such as plastic bottles and tyres.

The beneficiary schools of the programme include St. George’s Nursery and Primary School, Ipaja, Lagos; Yahaya Primary School, Zaria; Iyeru-Okin Primary School, Iyeru-Okin, Kwara; St. John Primary School, Ijebu Igbo, Ogun State, and Community Primary School, Amumara, Imo State.

Others are Presbyterian Primary School, Ediba, Cross-River; Migrant Farmers Community Primary School, Umuahia, Abia State; Gwange III Primary School, Maiduguri, Borno State; Mayflower Secondary School, Ikenne, Ogun State; and Government Day Primary School, Gombe State.

“We are excited to inaugurate Airtel Green Schools, which are designed to go beyond awareness and create real behavioural change within Nigeria’s school communities.

“Through the Restore, Reduce and Educate pillars, we are equipping young people with practical tools such as gardens, recycling awareness, and environmental learning resources.

“Our goal is to create a replicable Green School model that can be scaled and sustained over time, ensuring that environmental education becomes part of everyday learning for the children in our adopted schools,” the chairman of the foundation, Mr Segun Ogunsanya, stated.

Also speaking, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, said, “Climate action becomes meaningful when awareness is translated into action. Through the Airtel Garden, we are creating living classrooms where pupils can learn practical lessons about environmental stewardship, sustainable agriculture, waste management and the importance of protecting our planet.

“We believe that empowering young people with these experiences today will help shape a more environmentally responsible generation tomorrow.”

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Education

Ex-UNILAG VC Prof Ogundipe Chairs NUC

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By Modupe Gbadeyanka

A former Vice-Chancellor of the University of Lagos (UNILAG), Prof Oluwatoyin Temitayo Ogundipe, has been appointed as the chairman of the governing board of the National Universities Commission (NUC).

He was chosen for the role by President Bola Tinubu, according to a statement on Monday by the president’s Special Adviser on Information and Strategy, Mr Bayo Onanuga.

Prof Ogundipe succeeds Professor Olufemi Raphael Aina, who resigned his appointment after less than one year in office.

President Tinubu appointed Professor Aina in July last year, and the board members were inaugurated in November 2025.

As NUC Chairman, Prof Ogundipe will oversee the regulatory body of the Nigerian university system, focusing on funding, global competitiveness and academic stability.

He is expected to provide visionary leadership at the NUC and sustain the credibility of the Nigerian university system by advancing quality, access, and integrity in the education sector.

Prof Ogundipe headed the University of Lagos between 2017 and 2022. He is a professor of Botany with expertise in molecular plant taxonomy, biosystematics, ethnobotany, cytogenetics, forensic botany, and ecological conservation.

He holds a PhD in Botany from Obafemi Awolowo University and an MBA from the University of Lagos.

Currently, Prof Ogundipe, 66, serves as Pro-Chancellor of Redeemer’s University, Ede, Osun State.

He is a fellow of several professional bodies, including the Nigerian Academy of Science, the Linnaean Society of London, and the Royal Society of Biology, London. He has also served as President of the Botanical Society of Nigeria and Chairman of the Lagos State Science, Research and Innovation Council (LASRIC).

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