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Sahara Group Reaffirms Commitment to Literacy, Skills Development

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By Modupe Gbadeyanka

The ability to read and write is not only a fundamental human right but in the 21st century, it is an essential tool for human survival. Like Darwin propounded in his theory of evolution by Natural Selection, species that fail to acquire the abilities [skills] and features for survival or competitiveness in an ever-evolving world will die – commonly referred to as survival of the fittest. Survival of the fittest refers to the ability of a species to survive and reproduce its kind.

Literacy, at the very least, in its most basic form, the ability to read and write – is a critical evolutionary feature for any human in the 21st century. It is becoming unthinkable that any human can make any significant impact or progress in the times that we live without the most basic form of education.

The International Literacy Day is a day set aside every year to remind world leaders and policymakers of the importance of education/literacy to the development of a people and the growth of a nation.

Globally, it is estimated that at least 750 million adults, including 102 million young people (15-24 years old), lack basic literacy skills. Further estimates show that six out of ten children and adolescents (617 million) are not achieving minimum proficiency levels in reading and mathematics. These are alarming statistics for the survival prospects of these millions of people. If they are to make it to the next generation, they must acquire these literacy skills for survival.

Literacy is the basis for lifelong learning and plays a crucial foundational role in the creation of sustainable, prosperous and peaceful societies. In addition, it equips people with the abilities/skills to make a living and develop key resources for their growth and development.

According to Bethel Obioma, Head, Corporate Communications, Sahara Group, the leading energy, and infrastructure conglomerate has invested in and supported various projects and programmes aimed at improving youth and child literacy across Sahara’s locations in Asia, Europe, Africa, and the Middle East.

In 2014 and 2015, Sahara Foundation implemented a book drive aimed at improving the interest of children in reading. The intention was to build up an interest in the children to learn early the importance of life-long learning. Staff members also volunteered to read to children in those schools. “The sessions remain evergreen in the minds of the children, providing the foundation for a strong bond between Sahara and the beneficiaries. Helping people pursue and realize their dreams is a venture that Sahara is passionate about,” Obioma said.

In addition, undergraduates of the University of Lagos, through AIESEC Lagos were supported in their drive to equip other young students with the knowledge of the Sustainable Development Goals (SDGs) and how it relates to their development.

Sahara Foundation’s support for the Vocational Centre in Surulere represents a sustainable platform for propagating skills acquisition and development. At the centre, young people are equipped with vocational skills in catering, hairdressing, photography, and ICT among others. Sahara’s core support for the centre was for the upgrade of the industrial kitchen to a modern one for the beneficiaries to acquire skills that they need to become self-sufficient catering entrepreneurs. Through our support for this centre, over 1000 young caterers have benefitted with more than half of them becoming gainfully employed or business owners.

In a bid to develop the skills of young people at scale, Sahara Foundation launched the Saharahub digital platform to empower millions of young people from around the world with the needed skills for improved lives.

This year, Sahara Foundation in partnership with Realizing Education for Development (READ) International are empowering 30 young men and women in Dar es Salaam, Tanzania, with entrepreneurship skills and built their vocational capacities. The support to these beneficiaries includes startup capital, vocational training, business advisory and post-training support as well market access. In line with our Extrapreneurship framework, the goal is to ensure that the supported beneficiaries – all youths – are able to start and sustain successful businesses while empowering other young Tanzanians as their business grows.

Oluseyi Ojurongbe, Sahara Foundation said the energy giant would continue to seek avenues for promoting literacy and skills development.

“At Sahara, we believe that education essential to economic sufficiency. As such, we support education and execute literacy and education programmes. The subject of literacy (and skills development) is so important to us that from inception, Education and Capacity Building has been one of the four pillars of our Personal and Corporate Social Responsibility focus. We have and will continue to support the literacy and skills development of young people.”

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Education

NELFUND Refutes N71.2bn Student Loan Disbursement Fraud

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NELFUND

By Adedapo Adesanya

The Nigerian Education Loan Fund (NELFund) has denied claims of mismanagement in disbursing student loan funds.

This development comes after the Independent Corrupt Practices and Other Related Offences Commission (ICPC) said it was investigating alleged corruption in the disbursement of the funds.

In a statement by the fund’s Director of Strategic Communications, Mr Oseyemi Oluwatuyi, NELFund said ICPC’s comment was taken out of context.

“These reports, which suggest misappropriation and mismanagement of funds, are entirely false, grossly irresponsible, and deeply damaging to the integrity of an institution established to deliver financial hope to millions of Nigerians,” Mr Oluwatuyi said.

“All institutional fees are paid directly to verified institutions, while upkeep allowances go into the verified bank accounts of eligible students,” she said.

“The reports circulating in the public space are based on outdated figures and previous interventions that predate our operations.”

Equally, the ICPC has clarified its earlier statement on the student loan.

The institution’s spokesman, Mr Demola Bakare, said the agency’s move to investigate the disbursement of the funds was due to claims that 51 schools were involved in illegal deductions and exploitation related to the NELFund scheme.

“The ICPC confirmed that a clear case of discrepancies has been established in the administration of the student loan scheme and announced that its investigation will now extend to beneficiary institutions and individual student recipients,” the agency’s statement partly read.

In an update, Mr Bakare clarified that: “Unintentionally, the word ‘NOT’ was missing in the second to the last paragraph of our earlier press release in respect of an ongoing investigation regarding the Student Loan Scheme. The missing word created an erroneous impression that the alleged discrepancies or diversion had been established.

“We admit that this is not the case, indeed, we accept that the same part of the sentence also contradicted the whole paragraph. The paragraph ought to read: ‘The ICPC confirmed that a clear case of discrepancies has NOT been established in the administration of the student loan scheme and announced that its investigation will now extend to beneficiary institutions and individual student recipients.’

“For avoidance of doubt, the commission has only established the total amount of funds received and disbursed so far by NELFUND. The impression of diversion and the issue of discrepancies do not exist at this stage; the investigation would have to move into the receiving institutions and persons before any reasonable deductions could be made.”

It was claimed that out of the N100 billion approved for disbursement, about N71.2 billion was unaccounted for, prompting an investigation by the ICPC.

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Education

NELFUND Scheme: N71.2bn Student Loans Not Missing—ICPC

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Student Loan Programme

By Aduragbemi Omiyale

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has clarified that it has not affirmed claims that about N71.2 billion of the N100 billion disbursed as student loans under the Nigeria Education Loan Fund (NELFUND) scheme were unaccounted for.

Recall that there were reports that no fewer than 51 tertiary institutions were implicated in illegal deductions and exploitation related to the NELFUND scheme.

The schools were accused of making unauthorized deductions ranging from N3,500 to N30,000 from each student’s institutional fees received through the loan fund.

The ICPC had commenced a probe into the matter and in a statement on Thursday, it said investigation revealed that the total money received by NELFUND as of March 19, 2024, was N203.8 billion, with N44.2 billion disbursed to 299 institutions, covering 293,178 students.

In the statement, ICPC said it “confirmed that a clear case of discrepancies has been established in the administration of the student loan scheme and announced that its investigation will now extend to beneficiary institutions and individual student recipients.”

Some hours later, after the revelations raised dust, the agency clarified that it made an error in the statement, noting that, “The paragraph ought to read The ICPC confirmed that a clear case of discrepancies has NOT been established in the administration of the student loan scheme and announced that its investigation will now extend to beneficiary institutions and individual student recipients.”

“The general public is urged to exercise patience as thorough investigations require time and ample resources,” the new statement signed by its spokesperson, Demola Bakare, said, stressing that, “Our investigations are still ongoing, and there are no indictments yet.”

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Education

NIJ to Hold 2025 Convocation Ceremony May 6

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NIJ Ogba

By Adedapo Adesanya

The Nigerian Institute of Journalism (NIJ), Ogba, Lagos, has announced that its 2025 convocation ceremony would take place on Tuesday, May 6, 2025.

According to the official schedule, the convocation lecture will hold on Monday, May 5, at 11 am at the Kesington Adebutu Media Resource Centre, located within the institute’s premises.

The main convocation ceremony is slated for Tuesday, May 6, also at 11 am, and will take place at the NIJ premises.

The convocation will cover graduating students from the classes of 2022 through 2024 across its National Diploma, Higher National Diploma, and Post Graduate Diploma programmes.

Business Post gathered that students who excelled during their academic pursuits at the monotechnic would be recognised and awarded for their feats.

Graduating students are expected to receive their certificates immediately after the convocation.

The event is expected to bring together the management, academic staff, students, alumni, and dignitaries from the media and communication sectors to celebrate the achievements of the graduating students.

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