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Oscar Onyema Plans Scholarship for Less Privileged Kids, Youth

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oscar onyema nse boss

By Dipo Olowookere

Last Friday, Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, launched his foundation aimed at transforming the lives of less privileged children and youth in the country.

Called the Oscar N. Onyema (ONO) Foundation, it is a not-for-profit and non-political organisation that will positively affect the society with the first tranche of beneficiaries of the foundation’s scholarship expected to be announced before the end of the year.

The primary goal of the foundation is to support the continued effort to expand access to formal education in Nigeria, especially amongst indigent children and youth, raise the bar in academic achievements and encourage positivity and hope to the less privileged families and communities.

It plans to achieve this by investing in four priority areas: Mentorship Program, Scholarship Management Program, Workforce Program and Home Visitation.

In addition, the Foundation would identify and partner with any private, public or civil society organisation or institution or indeed individual with similar objectives for the promotion of philanthropic activities.

The unveiling event was witnessed by a cross section of dignitaries from media, development work, organised private sector amongst others.

Speaking at the launch, Mr Onyema noted that ONO Foundation is positioned with the goal of unlocking access to formal education for less privileged youths.

According to him, the foundation will organise lectures, seminars, workshops for public enlightenment in such areas of interest as the foundation’s management may from time to time determine, as well as pair less privileged children and youth with respectable and credible members of society and organisations, in order to groom them into becoming responsible citizens and effective nation builders.

“ONO Foundation will focus primarily on providing safety nets for the less privileged children and youths, by ameliorating the issues of lack of guidance and providing educational materials and funding towards achieving greater social impact in the education sector in Nigeria.

“Today’s launch is the culmination of a passionate idea long held by me to contribute my time and funds towards enhancing access to qualitative education for orphans and vulnerable children in primary, secondary and tertiary institutions across the country,” he said.

Mr Onyema encouraged “every patriotic Nigerian to continue to give their support towards uplifting indigent youths especially those who seek knowledge.”

He stressed that, “Our efforts to play an active role in the 4th industrial revolution must have the youth at its centre due to their population, energy and potential impact.”

Chairman of the Board of Trustees, ONO Foundation, Mr Tunde Folawiyo, echoed the sentiments of Mr Onyema emphasising that, “The Foundation is borne out of an understanding that the society of our dreams cannot materialise if its future (the children and the youth) are not properly trained, inspired and equipped to be the catalyst and springboard of change and growth. This foundation is unique because its programs are focused not just on education but also on treating the emotional and mental challenges and ails faced by our children and youth, their families and our less privileged communities.”

The Foundation will be managed by an Executive Director who shall be overseen by an Executive Committee and the Foundation will be strategically led by a Board of Trustees made of Mr Tunde Folawiyo, Chairman; Mr Oscar Onyema, Founder; Mr Sonnie Ayere, Trustee; Mrs Margaret Orakwusi, Trustee; Miss Florence Otedola (DJ Cuppy), Trustee and Ms Ejim Dike, Trustee.

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

Egbin Power, FIPL to Host Sahara Power Academy

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Sahara Power Academy

By Modupe Gbadeyanka

A transformative initiative designed to equip young Nigerian engineers with the technical expertise and practical experience needed to drive sustainable power generation nationwide has been launched by Sahara Power Group.

This programme, known as the Sahara Power Technical and Innovation Academy (SPTIA), will be hosted by Egbin Power and First Independent Power Limited (FIPL), two of Nigeria’s leading power generation companies and members of the Sahara Power Group.

It was created as part of the company’s vision to deliver reliable and sustainable energy through a combination of infrastructure investment and human capital development, ensuring that Nigeria’s energy future is powered by both innovation and indigenous expertise.

Fifty graduate engineers will undergo a rigorous 10-month programme that combines intensive classroom learning with hands-on, on-the-job training across critical generation assets.

Participants will be exposed to real-time plant operations, maintenance systems, and industry best practices, positioning them for impactful careers in the power sector.

A strong emphasis will also be placed on safety as a core pillar of the academy.  The trainees will undergo mandatory safety modules covering industry standards and safe work practices, complemented by practical, scenario-based sessions.

This approach is designed to instil a safety-first culture and ensure that all participants are equipped to operate confidently and responsibly beyond compliance within the Plant environment.

At the end of the programme, top-performing trainees will be deployed across Sahara Power Group’s businesses, including Egbin Power, FIPL, and upstream operations, while others will be released into the broader Nigerian electricity labour market as part of the Group’s commitment to strengthening sector-wide capacity.

The Managing Director of Sahara Power Group, Mr Kola Adesina, said the initiative represents a deliberate investment in Nigeria’s future and a strategic response to the sector’s talent needs.

“We are committed to powering Nigeria not just through infrastructure, but through people. This academy reflects our belief that the future of sustainable energy delivery must be driven by skilled, young professionals who understand the local operating environment,” he stated.

“Egbin Power and FIPL provide the ideal platforms for this initiative, given their track record of operational excellence and technical depth. By leveraging these assets, we are creating a pipeline of engineers who are not only technically sound but also industry-ready from the outset,” he added.

Mr Adesina further charged the trainees to work as a team and ensure that the training programme brings out problem-solving skills that will enable them to contribute to human development and the progress of the power sector.

“We are here to truly and responsibly make a difference. We are here to look around our environment, and we are curious enough to see how we can make things better. We believe you are to make things better and add value to the sector,” he said.

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Education

Conference on Investing in Boys for Stronger Families, Communities Holds in Ibadan

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Boys Aid Network

By Aduragbemi Omiyale

A conference with the theme Flourish and Thrive: Investing in Boys for Stronger Families and Communities will take place at the Local Government Training School, Secretariat, Agodi, Ibadan, Oyo State, on Thursday, May 14, 2026.

The programme, in its second edition, is part of activities lined up to mark the 2026 International Boys’ Day Conference. It is being put in place by Boys Aid Network to confront a question many institutions have quietly ignored: Who is intentionally preparing the next generation of boys for the realities of leadership, responsibility, and manhood?

Expected to grace the occasion are educators, mentors, advocates, parents, and students.

The speakers include Jesudamilare Adesegun-David, Co-founder of Enovate Lab; Samson Folarin, Editor of Punch Newspaper Weekend Titles; Oluseye Joseph, Founder of EnterpriseCEO; Barrister Dotun Akinsanmi, Managing Partner at Dotun Akinsanmi LP; and media personality, Folakemi Arowolo, popularly known as Folakemi Mighty.

The convener, Barrister Olufunke Oyinlola, described the initiative as a deliberate effort to create safe and transformational spaces for boys to learn, reflect, and engage in meaningful conversations about their future.

“Too many boys are growing up without guidance, without safe spaces to express themselves, and without people intentionally helping them navigate the realities of life. This conference is our response to that challenge. We want boys to know that they are seen, valued, and capable of becoming responsible men who positively influence their families and communities,” she stated.

She added that the conference is ultimately about helping boys see possibilities differently and exposing them to conversations that can shape their confidence, choices, and sense of purpose.

More than 300 secondary school boys from across Oyo State are expected to participate in the event, which is organised in partnership with the Oyo State Ministry of Education, Science and Technology. The programme will combine keynote sessions, mentorship conversations, interactive learning, and a spelling bee competition aimed at boosting confidence and intellectual engagement.

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Education

Nollywood Star Alex Ekubo Dies

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Alex Ekubo

By Modupe Gbadeyanka

A popular Nigerian actor, Alex Ekubo, has reportedly passed away after a protracted illness.

According to reports, the movie star died after a battle with cancer, which kept him away from public glare and social media.

Last year, some of his fans expressed concerns over his sudden absence from social media, asking about his whereabouts.

On Tuesday evening, news about his demise flooded the blogosphere.

One of the sympathisers, Peter Okoye of the P-Square fame, wrote a Rest in Peace on the Nollywood star’s picture on X, formerly known as Twitter, confirming his death.

Several personalities and others have also expressed shock over the passing of the 40-year-old entertainer, who dazzled many with his acting skills.

During his lifetime, Alex Ekubo, who was said to have died of cancer, won several awards.

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