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Stakeholders Laud New Oyo Education Policy

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By Modupe Gbadeyanka

Oyo State government has been commended by stakeholders in the education industry for its firm approach towards reclaiming the lost glory of the state education sector as well as improving its quality to meet new and higher performance targets saying that the new education policy was a positive step in the right direction.

The stakeholders, who were part of the guests at the Town Hall Meeting held at the International Conference Center, University of Ibadan on Thursday where the new education policy was launched by Governor Abiola Ajimobi, said that government’s resolution to create Schools Governing Boards (SGB) that will provide management functions for each secondary school in the state would revive the education sector.

Mr Ajimobi, while launching the new education policy, said his administration had resolved to rebuild the education sector to put a stop to poor academic performance by public school students, stressing that the condemnation against students arsonists should be collective as the burning and destruction of classrooms and school properties were acts that even parents should not condone.

He said that the newly introduced SGB in the State would serve as a bridge between the government and the community in the management of various public secondary schools in the state, stressing that the SGB would be managed by various stakeholders of each school which includes community leaders, old students associations, principals and head boys/girls of each school.

According to him, “It is shameful that Oyo State that hosts the first university in the country is performing woefully in public examinations but we should all join hands together to revamp our education sector. For us to get this work done, we should all come together and condemn the criminal tendencies in our students as they burned classrooms and destroyed public properties while protesting against the policy against mass promotion.”

“I appreciate the efforts and enthusiasm of everybody here and I am of no doubt that you are all willing to support Government in repositioning education among other sectors in the State. I have no doubt that our reposition, restoration and transformation programmes have been accepted by everybody. I assure you that we will be transparent and accountable in our programmes and activities. I assure you that we will also carry you along in our programmes,” the Governor pledged.

Mr Ajimobi called for an all-inclusive stakeholders support, stressing that the state government is open to support from other sources for the development of education in the state.

“Oyo State government is open to your support in the education sector. Let all old students within and outside the country join hands together to uplift their alma-mata, and if community leaders or a community wishes to contribute their quota to a school within their community, it is a welcome development. These are ways by which we can develop our education sector,” he said.

Governor Ajimobi assured his audience that the crisis at the Ladoke Akintola University of Technology, Ogbomoso (LAUTECH) would soon be over as the fact finding panel set up by the governments of Osun and Oyo to resolve the imbroglio would submit its report before the end of month.

The SGB Model of Oyo State was hailed by many for its far-reaching inclusiveness which comprised of lead stakeholders like parents, teachers association, old students association representative, nonpartisan community leader, school’s head boy/girl, principal, Local inspector of education and representative of local government or Local Community Development Area (LCDA) and the believe that the control of schools would not rest only on government but also on the parents and society at large.

The Onpetu of Ijeru, Oba Sunday Adediran, commended the efforts of Oyo State government in finding solutions to what he called the fall in standard of education in the State, describing the State governor as a good leader that always proffered uncommon solutions for the growth of education and overall progress of the State.

“A good parent will not sit aside and watch things deteriorate and it is worthy to appreciate the Oyo State governor who, like a good parent, has put in strategic solutions to counter the present deteriorated state of education in the State. Education growth is tantamount to growth in every other sector of the society as it is a propeller that helps move the society at large to the promised land,” the Onpetu who spoke on behalf of other traditional rulers added.

In his own comments, the President-General of Nigerian Football Supporters Club, Chief Rafiu Oladipo, said that he was a 1967 product of Oke ‘Badan High School, noting that the alumni of the school did not wait for government alone to improve the structures in the school as the body (Oke Badan Alumni) had revamped the infrastructural facilities in the school.

The State Chairman, Parents, Teachers Association (PTA), Alhaji Abiodun Jimoh described the state government’s steps at restructuring the education sector as laudable and consequently pledged their support for the success of the new education policy.

Speaking, the Secretary of Nigeria Union of Teachers (NUT) Comrade Niyi Akano said that the teachers’ union was particularly happy when the State government gazetted the School Governing Board Model as the body (NUT) had been part of the program’s initiation, calling on the government to increase the level of in-service training for teachers towards capacity improvement and due process in recruitment to ensure quality.

A stakeholder, Mr Bayo Fasasi gave a thumb up for the government’s resolve to confront the rot in the education sector, urging parents to supports the government’s efforts to turn around education in the state.

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.

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Education

Again, NELFUND Extends Deadline for 2025/26 Session Loan Applications

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By Adedapo Adesanya

The Nigerian Education Loan Fund (NELFUND) has granted another extension for its Student Loan Application Portal to accommodate institutions that requested additional time for the 2025/2026 academic session.

According to the statement signed by NELFUND’s Director of Strategic Communications, Ms Oseyemi Oluwatuyi, on Thursday, the extension applies only to institutions that submitted formal requests, allowing eligible students extra time to complete their applications.

“The Nigerian Education Loan Fund has approved an extension of its Student Loan Application Portal for institutions that have formally requested additional time for the 2025/2026 academic session,” the statement read.

Business Post reports that at the beginning of March, NELFUND announced an extension to the deadline by a week for its student loan application portal following a notable rise in nationwide interest driven by ongoing awareness campaigns.

Speaking on the development, NELFUND Managing Director and Chief Executive Officer, Mr Akintunde Sawyerr, reiterated the Fund’s commitment to ensuring that eligible students at participating institutions can access the student loan programme.

“NELFUND remains committed to ensuring that eligible students across participating institutions have the opportunity to access the student loan programme,” he said.

The Fund urges students in affected institutions to take advantage of the extension and submit their applications through the official portal.

It also emphasised its dedication to transparency, accountability, and providing sustainable financing solutions to remove financial barriers to higher education in Nigeria.

Established to administer the Nigeria Student Loan Scheme, NELFUND was enacted into law by President Bola Tinubu in April 2024.

The initiative provides interest-free loans to students in public tertiary institutions to cover tuition and living expenses.

Beneficiaries are required to repay the loans after completing their education and securing employment, aiming to increase access to higher education for students from low-income backgrounds.

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NRS to Boost Tax Education in Nigerian Institutions

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By Adedapo Adesanya

The Nigeria Revenue Service (NRS) has inaugurated a Curriculum Review Committee aimed at strengthening taxation education in Nigerian academic institutions and improving the country’s tax administration system.

According to a statement, the committee was inaugurated on February 24, at the NRS Academy in Durumi as part of the agency’s broader efforts to modernise tax education and align academic training with the evolving demands of contemporary tax administration.

Speaking during the inauguration, the Director of the NRS Academy, Mr Adeolu Akinyemi, said the review exercise would involve collaboration with the Chartered Institute of Taxation of Nigeria (CITN) to develop a more structured and relevant curriculum for the academy.

He emphasised that the initiative seeks to ensure that taxation programmes taught in Nigerian institutions reflect current developments in tax policy and practice, while also equipping students with the practical knowledge required in today’s tax administration environment.

The committee has been tasked with examining existing taxation curricula across Nigerian institutions and proposing updates that incorporate modern tax policies, recent legislative changes, and emerging areas such as digital taxation and global tax practices.

Officials say the review is also designed to close the gap between theoretical classroom instruction and the practical realities of tax administration.

By strengthening the link between academic learning and professional practice, the revised curriculum is expected to better prepare graduates for careers in the tax sector.

The effort is further expected to enhance tax awareness among citizens, encourage voluntary tax compliance, and support the development of skilled tax professionals who can contribute to national revenue generation and economic growth.

The committee is chaired by Mrs Aisha Hamman Mahmoud, Special Adviser to the Executive Chairman of the NRS on Research and Statistics. Its membership includes representatives from the service as well as academic experts in taxation and fiscal policy, alongside professionals with experience in tax administration, policy formulation, and tax education.

The committee will work with relevant educational regulatory agencies and professional bodies to ensure that the proposed curriculum aligns with national academic standards while addressing the practical needs of Nigeria’s tax system.

The NRS stated that the initiative forms part of its ongoing commitment to expanding tax knowledge, strengthening professional capacity, and promoting responsible tax practices across the country.

The curriculum review exercise is expected to be completed within 60 days, after which the Service plans to provide further updates on the implementation of the revised programme.

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Airtel Africa Foundation Gives Scholarship to 70 Nigerian Undergraduates

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By Modupe Gbadeyanka

The first batch of Nigerian undergraduates to enjoy fully paid scholarships for studying science, technology, engineering and mathematics (STEM) courses across the continent has been chosen by Airtel Africa Foundation.

Business Post gathered that 70 students from universities across Nigeria were selected from thousands of applicants through an independently managed process, which took nearly six months.

It was learned that most of the undergraduates were from the University of Lagos (UNILAG), Obafemi Awolowo University (OAU) Ile-Ife, the University of Benin (UNIBEN), Tai Solarin University of Education (TASUED), the University of Ilorin, Ahmadu Bello University (ABU Zaria), and the University of Nigeria (UNN).

The scholarship covers tuition, laptop computers, living expenses, and essential learning resources, a statement from Airtel Africa Foundation disclosed.

The chairman of the foundation, Mr Segun Ogunsanya, speaking at the presentation of the scholarships to the beneficiaries at the Lagos headquarters of Airtel Nigeria, emphasised the need for initiatives such as the Airtel Africa Foundation’s undergraduate tech scholarship for the future of the continent.

“True legacy is not measured by the awards we win or the volume of SIM cards we sell; it is measured by the lives we save, the people we feed, and the students we support when the line between success and failure is at its thinnest.

“At the Airtel Africa Foundation, we believe that lifting people out of poverty is the ultimate benchmark of a great company. Today, we are writing that legacy by tilting the balance in favour of the brilliant but underserved, ensuring that the fourth industrial revolution, driven by AI and Data Science, is built by African talent for the African continent,” he stated.

Mr Ogunsanya further revealed that this fellowship, executed through Airtel Nigeria, is designed to bridge the gap where funding, skills, and opportunity often fail to meet.

In addition to the N500,000 yearly budget for the fellows’ four-year or five-year courses, each fellow would be integrated into a structured support system for academic guidance and career mentorship, intended to ultimately transition students from the classroom to the global tech workforce.

Addressing the students, the chief executive of Airtel Nigeria, Mr Dinesh Balsingh, stressed that youth development is a strategic imperative for Airtel.

“At Airtel Nigeria, we view youth development as essential nation-building. When young people succeed, innovation accelerates, and social stability improves.

“By connecting these brilliant scholars to knowledge, skills, and confidence, we are fulfilling our core mission to connect people to opportunity. To our recipients: you earned your place here through merit and discipline. You are now ambassadors of excellence, and we expect your leadership to be defined by your conduct as you help shape a more inclusive digital future for Nigeria,” the Airtel Nigeria chief said.

The Nigerian cohort joins a prestigious network of Airtel Africa Foundation fellows currently studying in Tanzania, the Democratic Republic of Congo (DRC), Uganda, and India.

The initiative underscores a broader commitment to technology education, youth development, and Nigeria’s digital economy.

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