Education
NERDC To Introduce Financial Education In Schools

By Modupe Gbadeyanka
The Nigeria Education Research and Development Council (NERDC) has disclosed that it would soon introduce financial education into basic and senior secondary education curricula in Nigeria.
This, it explained, would be done in collaboration with the Central Bank of Nigeria (CBN) and other agencies having links with the financial sector.
NERDC explained further that some of the key areas of focus for inclusion are money, savings, credit, insurance, deposit insurance, capital market, pension, planning and budgeting, financial landscape and entrepreneurship.
Addressing a press conference on the sideline of a workshop, Executive Secretary of NERDC, Professor Ismail Junaidu, disclosed that the idea was motivated by the need to address consumers’ lack of knowledge and skills that would enable them understand financial concepts and manage their personal financial matters to enhance their economic wellbeing.
He said the curriculum, which is very innovative, “comprises different themes namely: Money, savings, credit, insurance, deposit insurance, capital market, pension, planning and budgeting, financial landscape and entrepreneurship.”
Each of the themes, the NERDC boss said, “contains different concepts, contents, activities, learning resources and evaluation guides that are sequenced and graduated for effective implementation and learning outcomes in the different lessons, classrooms and schools.”
Director at NERDC, Professor Kate Nwofo, also said at the occasion that this project is going to be very beneficial.
“You know before now we have curriculum in Business, Accounting, Commerce etc, but we needed to improve on what we already have so that the students will have better access to information.
“For instance, inside the Business Studies, we have found some deficiencies. As an entrepreneur, you need to know how to get access to credit and loans because your savings alone cannot meet all your needs, so we have developed that and we are infusing those aspects into the curriculum to make sure that an entrepreneur has enough information to be able to prepare a budget, create a business plan, source for funding and be able to manage a business without much challenges,” Prof Nwofo stated.
The CBN, on its part, noted that the financial education initiative is being executed through a multi stakeholder approach as the project is taking place under the auspices of the financial systems regulators such as the CBN, Nigeria Deposit Insurance Corporation, Securities and Exchange Commission, National Pension Commission, National Insurance Commission, etc.
Also addressing newsmen at the briefing, Head of the Consumer Protection Department of the CBN, Mrs Umma Dutse, stressed that, “Financial education is not what one individual or organisation can do.”
She added that, “The framework has taken a multi-stakeholder approach, so all hands must be on deck for us to achieve all our goals and objectives. I am happy to say that with all the commitments we have seen from all stakeholders, the NGOs, and development partners, I am very sure that at the end of the day, Nigeria is going to be a reference point once this curriculum is developed.”
This project, Mrs Dutse said, is funded by the participating stakeholders and there is fund set aside for this project until its logical conclusion.
Education
Okpebholo Raises Edo State University’s Monthly Subvention to N250m
By Modupe Gbadeyanka
The monthly subvention to the Edo State University, Iyahmo, has been increased to N250 million from N100 million by the state governor, Mr Monday Okpebholo.
A statement issued on Monday by the Chief Press Secretary (CPS) to the Governor, Mr Patrick Akhere Ebojele, said a grant of N2 billion has also been approved to improve infrastructure in the institution.
Speaking at the commissioning of an e-library and the flagging off of a fitness centre and a health facility in the school, Mr Okpebholo said the funding support is to strengthen the institution’s capacity and improve learning conditions.
“Today is a great day for Edo State University, Iyamho. Since assuming office, our administration has remained committed to repositioning the education sector in Edo State.
“The Ehi Aganmonmen Business Administration E-Library, the Peter Omoh Dunia Fitness Centre, and the Edo State University Health Centre are clear symbols of progress, partnership, and shared responsibility in advancing education and health in Edo State,” he said.
Governor Okpebholo further acknowledged the collective support from stakeholders, including a parent who volunteered to sponsor the architectural designs and the Vice-Chancellor, Professor Adetimirin, who donated one month of his salary.
“If you, the vice chancellor, can donate your salary, why will the Edo state government not donate towards the university projects they are carrying out? On this note, the Edo State government will give you (the school) N2 billion,” he declared.
“I also understand that a parent has offered to sponsor the designs, and our amiable Vice-Chancellor, Prof. Adetimirin, has donated his one-month salary to support the projects. These are not small things — these are sacrifices that speak louder than words,” he added.
On healthcare infrastructure, the Governor expressed support for the university’s plan to upgrade its medical facility.
“I commend the university for the new Health Centre to replace the existing sick bay. This is an important step toward providing better healthcare services to our university community. I assure you of our continued support as we work together to bring this vision to reality,” the Governor said.
He charged students of the institution to use the facilities well, and tasked the university management to “ensure proper maintenance and sustainability of these facilities.”
Education
45 Student-Led Startups Win N2.2bn from FG Ventures Initiative
By Adedapo Adesanya
Forty-five student-led ventures emerged as beneficiaries of a total pool of N2.2 billion in grants at the 2026 Student Venture Capital Grant (S-VCG) Finalist Bootcamp.
The programme of the federal government marks a significant boost to youth innovation under its entrepreneurship drive, announced earlier this year.
At the bootcamp’s closing ceremony and awards presentation held at the United Nations Development Programme (UNDP) office in Ikoyi, Lagos, the winners emerged after a rigorous selection process involving 65 finalists and assessment by a 12-member expert panel.
Speaking at the event, the Minister of Education, Mr Tunji Alausa, said the initiative underscores the government’s commitment to transforming tertiary institutions into centres of innovation, entrepreneurship and practical problem-solving.
He described the S-VCG programme as a key pillar of President Bola Tinubu’s Renewed Hope Agenda, aimed at enabling students to convert ideas into viable businesses.
Mr Alausa noted that each beneficiary can access up to N50 million in equity-free funding, alongside mentorship, incubation support and digital tools.
He added that the programme attracted more than 30,000 applications from 404 tertiary institutions nationwide, reflecting the growing culture of innovation among Nigerian youth.
Also speaking, the Minister of Communications and Digital Economy, Mr Bosun Tijani, commended participants for leveraging technology to develop solutions to real-world challenges.
He urged them to build scalable, tech-driven ventures capable of contributing to national development.
Also speaking, Minister of State for Education, Mrs Suwaiba Sa’id Ahmad, praised the finalists’ resilience and creativity, noting that initiatives like S-VCG are critical to nurturing problem-solving skills and fostering an entrepreneurial mindset among students.
Chairman of the Senate Committee on Tertiary Education and TETFund, Mr Muntari Dandutse, called for sustained investment in youth innovation to strengthen Nigeria’s knowledge-based economy.
On his part, the National Project Coordinator of the Special Programmes Operations and Implementation Unit, Mr Adebayo Onigbanjo, outlined the structure and long-term objectives of the programme, stating that it is designed to equip students with the resources and confidence needed to build sustainable ventures.
Education
UniJos Suspends Exams Over Deadly Jos Attack
By Adedapo Adesanya
The University of Jos has suspended all examinations scheduled for Monday and Tuesday following growing tension in Jos, after a deadly attack in Anguwan Rukuba, Jos North Local Government Area of Plateau State.
The management of the institution also advised students and staff to remain indoors and stay vigilant.
According to reports, the attackers, who rode on motorcycles, stormed the community at about 7:30 pm while residents were going about their normal activities, firing indiscriminately and causing panic.
Many people were killed, while several others sustained injuries in the attack.
“The attackers just rode past and started shooting sporadically. People were running in different directions,” a source told Channels Television.
The broadcaster also reported that in the aftermath of the attack, angry youths reportedly blocked major roads within the community, raising fears of escalating tension.
UniJos, in a statement issued on Sunday by the Deputy Registrar, Information and Public Relations, Mr Emmanuel Madugu, said the incident had heightened tension, necessitating the decision.
“In view of the late evening fatal attacks by unknown gunmen on residents of Angwan Rukuba (an area that hosts many staff and students of the University), and the consequential tensions it has generated in and around the area and environs.
“The Vice Chancellor has directed that all examinations scheduled to hold on Monday, March 30, and Tuesday, March 31, 2026, are postponed, and will be rescheduled accordingly. That members of the University community be advised to be very vigilant and extra careful with their movements (On and off Campus) with IMMEDIATE EFFECT.
“For emphasis, members are strongly advised to AVOID COMING OUT VERY EARLY IN THE MORNING, and should REPORT IMMEDIATELY any sign or shadow of breach of the public peace to the University Security Division on 08035895323.
“University Management is actively liaising with the relevant Security agencies and monitoring the situation to ensure the safety of the lives of members of the University community. Further relevant updates will be communicated in due course,” the deputy registrar added.
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