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Ogunbiyi Foundation Launch: Experts Laud Buhari’s Economic Squad

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Ogunbiyi Foundation Launch

The decision of the President Muhammadu Buhari-led federal government to create an Economic Advisory Council has been applauded by some experts in the education sector in Nigeria.

Some of the leading professionals, who spoke at the launch of The Akin Ogunbiyi Foundation in Osogbo, Osun State yesterday, said the nation cannot separate the best technically sound initiatives from the ambience of the overall economic operating environment.

The foundation was launched to the admiration of friends, associates of Dr Akin Ogunbiyi, the Group Chairman, Mutual Benefit Group and had in attendance dignitaries from all walks of life.

In his keynote address, former Vice-Chancellor of Obafemi Awolowo University, Professor Michael Faborede, noted that, “Without well-coordinated inter-sectoral economic planning, that provides targeted financing for government priority programmes, backed with necessary political will by both the executive and legislative arms of government all the lofty plans will not yield the desired outcomes.”

According to him, “We cannot divorce even the best technically sound initiatives from the ambience of the overall economic operating environment, favourable and strong political will, bolstered by informed and transformational cross-sectoral coordination of the economy. This is why we applaud the setting up of the new Economic Advisory Council by the Presidency.”

Prof Faborede further noted that, “Leaders within the Nigerian educational system must provide leadership for the achievement of the Sustainable Development Goals (SDGs) and partner with the private sector and Non-Governmental Organizations like The Akin Ogunbiyi Foundation in ensuring that Nigeria moves from a developing nation to a developed nation like China, Korea and others.”

Corroborating him was one of the panelists and founder of Centre for Values in Leadership, Professor Pat Utomi, who also noted that the most important part of educating youngsters was at the primary and secondary level.

“There are many technological companies disrupting the ecosystem whose founder never attended a University. If children are effectively trained at the primary and secondary level, the nation will experience experiential growth and development,” the renowned economist said.

Other panelists present at the maiden edition of the Lecture Series themed Education as an input variable for National Development were Professor Akintayo Dayo Idowu, Osun State University; Ms Adetutu Sangonuga, Partner, Human Capital Partners; Mrs Ayopeju Njideaka, CEO Nurture House Consulting (NHC) and Mr Seye Oyeleye, Director- General, Dawn Commission.

Others were His Imperial Majesty, Oba Babatunde Enitan Ogunwusi, Ooni of Ife; Chairman of the event, Lt.-Gen. Alani Akinrinade (Rtd.) former Chief of Defence Staff; Prince Olagunsoye Oyinlola, former Osun State governor; Brig.-Gen. Raji Rasaki (retd.) ex-Minister of Works, Jelili Adesiyan ex-Minister of Police Affairs, among others.

The Akin Ogunbiyi Foundation is set up as a philanthropic gesture of Dr Ogunbiyi, Group Chairman, Mutual Benefit Assurance Group, who is renowned for supporting various students with scholarship awards both within and outside the country.

The foundation seeks for inclusive growth and progress for every Nigerian and by extension Africans in addressing the root cause of poverty and degradation. The cardinal pillars of the organization include Health; Education; Empowerment; Leadership and Poverty Alleviations.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Education

6,300 Benefit N1.7bn from Teachers’ Endwell Scheme in Oyo

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Teachers’ Endwell Scheme

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.

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Education

2026 Akada Children’s Book Festival Holds May 23

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2026 Akada Children’s Book Festival

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.

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Education

Controversial Nursery School English Language Textbook Not Approved—Lagos Govt

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woman review textbook

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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