Education
Nigerian Schools to Soon Begin Capital Market Studies
By Adedapo Adesanya
The Securities and Exchange Commission (SEC) has disclosed that it is getting closer to achieving its goal of introducing capital market studies in primary, secondary and tertiary institutions in the country.
This was disclosed by the Head of Corporate Communication, SEC, Mrs Efe Ebelo, in a statement on Sunday in Abuja, saying that the move would boost the level and quality of financial literacy among the citizens.
She said that the delivery of the plan would change the face of financial literacy in the country.
According to her, the plan is also in line with the World Investor Week (WIW) to be commemorated by the Commission on October 26, 2020.
She noted that all exchanges in the country would be expected to ‘ring the bell for financial literacy’ to commemorate the week.
“Additionally, the commission, working with the Financial Literacy Technical Committee (FLTC), will host a webinar titled ‘Mobilising Savings and Investments”.
Mrs Ebelo said that the week-long event would be aimed at raising awareness about the importance of investors’ education and protection.
The head of corporate communication said that the awareness was geared toward engendering the financial and overall wellbeing of individuals particularly in view of the effects of the COVID-19.
“Nigeria, represented by the Securities and Exchange Commission and other stakeholders, will join the rest of the world to commemorate the fourth annual World Investor Week (WIW) under the auspices of the International Organisation of Securities Commissions (IOSCO).
“The WIW key messages for 2020 will highlight the basics of investing, assessing the impact of fees when choosing an investment and understanding that all investments entail risks.
“The WIW will also stress messages regarding mobilising savings and investment and will also deliver a key message on financial literacy,” she said.
Business Post had reported that as part of efforts to drive more interest and create public enlightenment on the capital market, the SEC last November announced that it has commenced the development of teacher guides to infuse Capital Market Studies (CMS) into the curriculum of schools in Nigeria.
Education
6,300 Benefit N1.7bn from Teachers’ Endwell Scheme in Oyo
By Modupe Gbadeyanka
Over N1.7 billion has been disbursed to about 6,300 teachers and next-of-kin between 2022 and 2026 under the Teachers’ Social Security Scheme (Endwell Scheme) in Oyo State.
The Endwell scheme was conceived at a time when retiring teachers were abandoned by all tiers of government, and many faced severe psychological and financial distress due to late payment of gratuities and pensions.
But since its inception about three decades ago, the initiative has become a dependable social security support for thousands in the state.
At the 14th state (Biennial) general meeting of the Nigeria Union of Teachers (NUT) held at the Teachers’ House, Oluyole Estate, Ibadan, the chairman of the Board of Trustees, Mr Obasola Elijah Olayiwola, reaffirmed the scheme’s solid financial footing and consistent fulfilment of obligations to members.
During the presentation of the management report, he said the rise in benefit payments reflects an increasing number of retiring teachers and a growing subscriber base, boosted by the recruitment of new teachers by Governor Seyi Makinde.
He assured members that the scheme remains financially disciplined, saying, “The Endwell Scheme continues to be a strong pillar of support for our teachers. The steady increase in beneficiaries underscores our commitment to protecting the welfare of those who serve in our classrooms.”
He added that the board will continue to strengthen investment strategies to maintain sustainable returns for contributors.
On his part, the chairman of NUT Oyo State chapter, Mr Raji Oladimeji Ismael, said the new financial data confirms that the Endwell Scheme has entered a new era of stability, strength, and relevance.
He stated that the scheme’s uninterrupted performance over the last three decades, without any record of financial collapse, demonstrates its resilience despite past scepticism and opposition.
“Today marks another milestone in the history of Endwell. The gloomy days are completely over. The scheme has weathered storms, survived doubt, and continues to wax stronger daily,” he said.
Mr Oladimeji reiterated that the scheme has consistently paid Non-Refundable Terminal Benefits (NRTB) and death-in-service compensation to members and families across the state for three decades.
He praised past and present management teams, particularly the current Board led by Comrade Obasola, for consolidating the scheme’s successes, also commending subscribers for their loyalty and prompt dues payment.
A major highlight of the event was the special recognition and honour bestowed on the founding fathers and early contributors who played pivotal roles in the creation and successful take-off of the Endwell Scheme.
Those honoured included Comrade Anusat Babatunde Amuda, Comrade Ibrahim Bolomope, Comrade Elijah Olu Abiala, Comrade Suleiman Adediran, Mr Tade Ipadeola, Mrs J. L. Latunji, and Mr Oladiti Oladapo.
The union described them as visionaries whose courage and foresight midwifed a scheme that has now become a lifeline for thousands of educators in Oyo State, urging newly recruited teachers to join the scheme, stressing that Endwell remains one of the most reliable and effective welfare mechanisms available to educators in Oyo State.
Education
2026 Akada Children’s Book Festival Holds May 23
By Aduragbemi Omiyale
The 2026 edition of Akada Children’s Book Festival (ACBF) will take place on Saturday, May 23, at Rugby School Nigeria, Eko Atlantic, Lagos.
A statement from the organisers disclosed that this event, in its eighth year, will offer families a chance to engage their kids in fun, learning, and imagination all in one vibrant space.
The theme is Big Dreams, Brave Stories, and will feature different activities designed to move beyond passive participation, giving children the opportunity to engage actively with stories, explore their creativity, and connect with books in ways that feel natural and exciting.
Some of the rich and engaging line-up of activities designed to immerse children, parents, and educators in an interactive literary experience include author-led book readings, author meet-and-greet sessions, storytime sessions, book chats, book exhibitions and signings, workshops for children, workshops for parents and educators, writing and illustration competition announcements, scrabble and chess tournaments, theme song competition, sip and paint sessions, STEM activities, sensory play experiences, drama, music, and dance performances, and prizes and book giveaways.
The book festival encourages children to embrace courage, creativity, and self-expression. Through stories of adventure, bravery, and self-discovery, kids are inspired to dream boldly, ask questions, and see themselves as active participants in their own journeys.
As a result, some original children’s titles by Nigerian authors have been curated for the event. They include Lumi Drives from London to Lagos by Pelumi Nubi, Sim Sim Goes to the Salon by Tonye Faloughi-Ekezie, Amang Goes to the Village by Namse Udosen, and What Happened on Thursday? A Nigerian Civil War Story by Ayo Oyeku.
These books reflect diverse experiences and cultural contexts, allowing children to see themselves in the stories while exploring new worlds through literature.
Education
Controversial Nursery School English Language Textbook Not Approved—Lagos Govt
By Modupe Gbadeyanka
The Lagos State government has stressed that it did not approve the use of the controversial nursery school English language textbook in public and private schools in the state.
A mother had come online to criticise an alleged inappropriate content in her child’s textbook. It was claimed that the publisher of the book threatened to sue the woman.
Reacting to the development, the Permanent Secretary in the Lagos State Ministry of Basic and Secondary Education, Mrs Abisola Dokunmu-Adegbite, said the “textbook is not among the approved and recommended instructional materials authorised for use in public, or approved private schools across the state.”
According to her, the ministry maintains a strict policy on the selection and approval of educational materials to ensure that all learning resources are age-appropriate, morally sound, and align with the educational standards and values of the state.
She stated that based on preliminary findings, the “school featured in the video is located somewhere in Ojo Local Government, Lagos State.”
“The name of the school and publisher have been identified for further investigation and appropriate actions. The public is hereby assured of qualitative foundational education for our children in the state,” the senior government official said in a statement on Tuesday.
Mrs Dokunmu-Adegbite reiterated that only government-approved textbooks and instructional materials are permitted for use in schools in Lagos State, advising school administrators, proprietors, and teachers “to adhere strictly to these guidelines to safeguard the moral and academic development of our learners.”
She assured parents, guardians, educators, and the general public that the state government will always work hard to ensure children get quality education.
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