Education
Registration for InterswitchSPAK Nigeria 6.0 Begins as Interswitch Doubles Prizes
By Modupe Gbadeyanka
The 2024 edition of an annual national science competition organised by Interswitch, InterswitchSPAK, is expected to be bigger as the prizes have been doubled.
A statement from the digital payments firm disclosed that the registration for this year’s event tagged InterswitchSPAK Nigeria 6.0 has commenced, and that additional incentives have been introduced for more participants.
“We are excited to kick off another edition of InterswitchSPAK, the 6th in the series in Nigeria, and this year promises to be bigger and better than ever before.
“By doubling the prize pool and expanding opportunities, we are not only investing in the winners but also in the entire ecosystem of STEM education.
We are thrilled to see the impact this initiative has had over the last 5 editions and look forward to witnessing the brilliance and innovation of Nigeria’s young minds in this year’s competition,” the Executive Vice President & Group Chief Marketing and Communications Officer of Interswitch Group, Ms Cherry Eromosele, said.
Business Post reports that for this year’s contest, schools in Nigeria can register up to 20 SS2 Science Students each, marking an unprecedented scale of participation.
Registration for students via www.interswitchspak.com will be open until May 10, 2024, and it is free of charge to all applicants. The qualifying examination is conducted entirely online, allowing candidates to take it from the comfort of their school, home, or any convenient location.
The Computer Based Test (CBT) exams are scheduled to hold from Tuesday, May 14, to Saturday, May 18, 2024, from 8 am to 6 pm daily. Participants have the flexibility to choose the most suitable day, time, and venue for their exam, with two trials available.
Following the online qualifying examination, the top 81 students will proceed to the semi-finals and finals to compete for the coveted title of Nigeria’s Best STEM Student.
This year’s edition, with a prize pool of over N30 million, marks a 140 per cent increase from the erstwhile N12.5 million in prize winnings, demonstrating Interswitch’s unflinching commitment to educational development by doubling cash prizes for winners.
The first prize winner will receive N15 million tertiary scholarship spread over 5 years, a laptop, and monthly stipends. The second-place winner gets N10 million spread over 3 years and a laptop, while the third-place winner will get N5 million for 1 year.
In addition to the top three prizes, cash rewards are also available for the participants who secure the 4th to 9th positions. Furthermore, the top 18 semi-finalists will also receive cash prizes. The competition also recognizes the contributions of teachers and offers cash rewards for the top 27 contributing teachers.
Interswitch will also purchase JAMB e-PINS for the top 200 preliminary qualifiers to enable them register for the Joint Admissions and Matriculation Board (JAMB) examinations free of charge.
The InterswitchSPAK competition is a Corporate Social Responsibility (CSR) initiative of the Interswitch Group aimed to foster interest in Science, Technology, Engineering, and Mathematics (STEM) subjects among senior secondary school students across the country.
The last edition saw Abraham Daramola, a student of Hallmark Secondary School, Ondo State, emerge as the winner, while the duo of Emmanuel Omoegbeleghan from The Crescent International School, Ogun State, and Emmanuel Angelo-Hyuwa from The Ambassadors College, Ogun State, came second and third, respectively.
Education
Farouk Ahmed Pays $5m for Children’s Secondary School Fees Abroad—Dangote
By Modupe Gbadeyanka
The chief executive of the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, has been accused of corruption by the president of Dangote Group, Mr Aliko Dangote.
Speaking on Sunday, the business mogul alleged that Mr Ahmed paid about $5 million for the secondary school education of his four children in Switzerland.
He wondered how the NMDPRA chief, who is a government official, could afford to pay the huge amount of money for the school fees of his kids abroad when there are several students in the home state of Mr Ahmed, Sokoto State, wandered around because of lack of funds for education.
He called on the authorities to institute a full scale investigation into the activities of the NMDPRA boss, with the outcome made public.
“I have actually had people making complaints about a regulator who has actually put his children in secondary school.
“And that secondary school education, which is six years, four of them cost Nigeria $5 million. I mean, you cannot imagine somebody paying $5 million for educating four children,” Mr Dangote disclosed during a media briefing at the Dangote Petroleum Refinery and Fertiliser Plant, Lekki, Lagos.
“From Sokoto, where he comes from, people are struggling to pay N100,000 for school fees. A lot of children are at home, not going to school, because of N100,000.
“I cannot understand why somebody who has worked all his life in government, and he has four children whose school fees he has paid $5 million for,” he added.
“This is a system where some of us are taxpayers. When people are complaining, we also complain, because when I pay tax, I want to see my money put to use, not stolen.
“I don’t know why the authority chief executive, Mallam Farouk, has four children educated in Switzerland at the cost of $5 million for their secondary school education alone, not university,” he alleged.
“My children went to secondary school in Nigeria. They did not go outside Nigeria to attend secondary school,” Mr Dangote stressed.
Education
FG, States Hail Dangote’s N1trn Scholarship Scheme for 1.3 million Students
By Modupe Gbadeyanka
The N1 trillion scholarship programme of the Aliko Dangote Foundation (ADF) for about 1.3 million Nigerian students has been applauded by the federal government, the state governments and the others.
The scheme was designed to expand access to education and promote academic excellence across Nigeria. Starting in 2026, the initiative will support over 1.3 million students from all 774 local government areas, with N100 billion committed annually for 10 years.
It targets Nigeria’s most vulnerable learners and is structured into three categories: Aliko Dangote STEM Scholars – 30,000 undergraduates in public universities and polytechnics will receive tuition support of up to ₦600,000 per year; Aliko Dangote Technical Scholars – 5,000 TVET trainees will get essential study materials and technical tools; MHF Dangote Secondary School Girls Scholars – 10,000 girls in public schools will receive uniforms, books, and learning supplies, prioritizing states with high out-of-school rates.
The programme would be implemented in partnership with NELFUND, JAMB, NIMC, NUC, NBTE, WAEC, and NECO. It would be based on merit, with beneficiaries chosen through a fully digital system.
Vice President Kashim Shettima praised the organisation for the intervention, saying it demonstrates the critical role of private-sector actors in national development.
He noted that Nigeria’s demographic growth makes urgent investment in education indispensable, warning that “a population becomes a liability only when it is uneducated.”
“Aliko Dangote, through his far-reaching philanthropy, has set in motion the single largest private-sector education support intervention in the history of this country. What he has done here today is a lesson to each of us. This is nation-building in its purest form,” Mr Shettima said.
The Governor of Lagos State, Mr Babajide Sanwo-Olu, speaking on behalf of the 36 state governors, also commended the initiative and pledged the governors’ full support.
The Minister of Education, Mr Tunji Alausa, described the initiative as “pure human capital development,” saying it aligns with the President Bola Tinubu administration’s education sector renewal plan of transforming Nigeria from resource-based economy to a knowledge-based economy and is significant because every local government area will benefit.
He said by the end of the first decade of the execution of the scholarship programme, it is estimated that over 170,000 girl-child would have gone to school.
On his part, Mr Dangote said the intervention is aimed at Nigeria’s most vulnerable learners, noting that financial hardship, not lack of talent, is the primary reason many drop out of school.
“This is not only charity. This is a strategic investment in Nigeria’s future. Every child we keep in school strengthens our economy. Every student we support reduces inequality. Every scholar we empower becomes a future contributor to national development.
“Our young people are not asking for handouts. They are asking for opportunities. They are asking for a chance to learn, to grow, to compete and to succeed. And we believe they deserve that chance,” he stated.
“No young person should have their future cut short because of financial hardship. We are stepping forward to ensure students stay in school and pursue their ambitions.
“This initiative is more than financial aid—it is an investment in human capital, with ripple effects on economies, societies, and future generations. When a student gets a scholarship, entire communities stand to benefit,” the business mogul added.
Education
Airtel Africa Foundation Opens Scholarship Portal for Nigerian Undergraduates
By Modupe Gbadeyanka
Entries for the Undergraduate Tech Scholarship in Nigeria by Airtel Africa Foundation have opened and applicants can register via candidate.scholastica.ng/schemes/airtelfellowship2025.
This programme forms part of the foundation’s F.E.E.D. agenda, which promotes Financial Empowerment, Education, Environmental Protection, and Digital Inclusion, with a focus on creating pathways for talented young people who face financial barriers.
The scheme, according to a statement from the not-for-profit organisation, provides full tuition, accommodation support, and essential study materials for 100-level students with strong academic potential.
Applications are open to students pursuing courses such as Information Technology, Computer Science, Software Engineering, Data Science, Cyber Security, Artificial Intelligence, and other ICT-related disciplines at participating universities: University of Lagos, University of Nigeria Nsukka, Ahmadu Bello University, University of Benin, Obafemi Awolowo University, University of Ilorin, and Tai Solarin University of Education.
Applicants must be enrolled in 100-level, have scored at least 230 in JAMB, and hold a minimum of five credits in WAEC, including English and Mathematics, in a single sitting.
Required documents include Joint Admissions and Matriculation Board (JAMB) results, university admission letter, West African Examination Council (WAEC) certificate, student identity card, and academic transcript or university results.
Qualified students across the listed institutions have been encouraged to apply and position themselves for a stronger start in the technology sector.
the chairman of Airtel Africa Foundation, Mr Segun Ogunsanya, said the scholarship demonstrates the organisation’s commitment to nurturing Africa’s next generation of digital leaders.
“Young Africans are brimming with talent and ambition. What many need is a fair chance to pursue their education without financial pressure.
“This scholarship reflects our belief that investing in their growth will strengthen communities, empower families, and expand the continent’s digital future,” the former chief executive of Airtel Africa Plc, noted.
On his part, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, said, “Education is one of the most powerful tools for national development.
“As an organisation, Airtel is determined to build a platform for aspiring young Nigerians to learn, innovate and lead in the country’s expanding technology landscape.”
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