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Stanbic IBTC Gives Facelift to Alegbo Primary School in Delta

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Alegbo Primary School

By Modupe Gbadeyanka

Alegbo Primary School in Delta State is wearing a new look courtesy of Stanbic IBTC Holdings Plc through its Adopt-A-School initiative.

The financial institution upgraded the primary school to elevate the standard of education in the community, especially for more than 581 students and staff members.

The company renovated a three-classroom block equipped with brand-new furniture to accommodate 40 students per class, as well as 20 carefully selected desks and chairs to enhance the learning experience.

The comprehensive renovation and expansion project represents a holistic approach to educational development, addressing critical infrastructure needs while creating an environment that enables quality learning.

Recognising the importance of digital literacy in contemporary education, Stanbic IBTC constructed a fully equipped computer laboratory, complete with ten modern computers and ten custom-built workstations, providing students with essential technological skills for the digital age.

Understanding the fundamental importance of proper sanitation facilities in educational settings, the bank constructed eight modern toilet facilities; four dedicated to girls and four to boys ensuring privacy, and improved hygiene standards for all students.

The initiative extended beyond traditional classroom infrastructure to include the establishment of a mini-library, creating a dedicated space for reading culture and academic research. Recognising the importance of physical education and recreation in child development, the project also featured the development of a bore hole, providing students with opportunities to clean water supply and contributing to their overall well-being.

Environmental beautification efforts formed an integral component of the project, with the planting of 50 trees and flowers across the school grounds. This initiative not only creates a more pleasant and inspiring learning atmosphere but also promotes environmental consciousness among students, teachers, and the broader community.

“This project represents our deep-seated belief in the transformative power of education and our commitment to nurturing the next generation of Nigerian leaders.

“By providing comprehensive infrastructure that addresses multiple aspects of the educational environment, we are not just building classrooms – we are building futures and empowering communities to thrive,” the acting chief executive of the organisation, Mr Kunle Adedeji, stated.

The deputy chief executive of Stanbic IBTC Bank, Bunmi Dayo-Olagunju, said, “Our approach to educational philanthropy goes beyond mere infrastructure provision – we believe in creating holistic learning environments that inspire excellence and foster innovation.

“The success of this project at Alegbo Primary School reflects our understanding that quality education requires a combination of proper infrastructure, technology integration, and environmental consciousness.”

The Alegbo Primary School transformation marks the 10th school to benefit from Stanbic IBTC’s systematic approach to educational development across Nigeria, demonstrating the organisation’s commitment to diverse geographic representation in its educational support initiatives.

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

We Didn’t Abandon Nigerian Scholarship Students in Morocco—FG

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Nigerian students morocco

By Adedapo Adesanya

The federal government has dismissed rumours suggesting Nigerian scholarship students in Morocco have been abandoned, describing the reports as misleading and “deliberately crafted to misinform the public.”

Recently, a video went viral on social media showing that the students studying in Morocco under the federal government scholarship scheme were facing hardships, including homelessness and a lack of medical support.

However, in a statement signed by the Director of Press and Public Relations of the Federal Ministry of Education, Mr Boriowo Folasade, the Minister of Education, Mr Tunji Alausa, clarified that no Nigerian student on a valid federal government scholarship has been abandoned.

“The Honourable Minister of Education, Dr Maruf Tunji Alausa, has clarified that no Nigerian student on a valid Federal Government scholarship has been abandoned. All beneficiaries duly enrolled under the Bilateral Education Scholarship (BES) Programme prior to 2024 have received payments up to the 2024 budget year, in line with the Federal Government’s obligations.

“Any temporary delays in outstanding payments are attributable to fiscal constraints and are currently being addressed through ongoing engagements between the Federal Ministry of Education and the Ministry of Finance,” Mr Alausa stated.

“The Minister further stated that no new bilateral scholarship awards were made in October 2025 or at any time thereafter. Documents being circulated to suggest otherwise are fake, unauthenticated, and constitute a calculated attempt to mislead the public and discredit government policy.

“Dr Alausa explained that the decision to discontinue government-funded bilateral scholarships abroad followed a comprehensive policy review, which established that Nigeria now possesses sufficient capacity within its universities, polytechnics, and colleges of education to deliver the affected programmes locally.

“Consequently, only scholarships that are fully funded by foreign governments are now being supported, with all financial obligations borne entirely by the host countries.

“Notwithstanding this policy shift, the Federal Government remains fully committed to students already enrolled under the previous arrangements and will continue to support them until the completion of their programmes.

“In addition, students who may prefer to discontinue their studies abroad may formally write to the Director, Department of Scholarship Awards. Such students are being offered the option of returning to Nigeria, where they will be seamlessly reintegrated into appropriate tertiary institutions of their choice. The Federal Government will also cover their return travel costs to ensure a smooth and orderly transition,” the statement noted.

According to the Minister, the current administration remains committed to eliminating inefficiencies and abuses within the scholarship system, stressing that past practices that sponsored overseas training for courses already well established in Nigeria placed avoidable financial burdens on the nation.

He reaffirmed that the ongoing reforms are therefore aimed at promoting transparency, accountability, and the prudent management of public resources.

The federal government reiterated its unwavering commitment to the welfare of Nigerian students and strongly rejects misinformation, blackmail, or any attempt to undermine policies designed to strengthen national capacity and safeguard the integrity of the education sector.

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Education

AltBank, BAF Strengthen Capacity of Frontline Educators

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AltBank BAF teachers

By Modupe Gbadeyanka

A significant step has been taken by the duo of Alternative Bank (AltBank) and the Busayo Ademuyiwa Foundation (BAF) to address the declining access to trained educators across Nigeria.

The two organisations recently a one-day capacity programme for teachers in the country at the 2025 BAF Teachers’ Conference in Lagos.

The event delivered hands-on training to hundreds of primary and secondary school teachers drawn from underserved communities across the country.

Nigeria’s education sector sits at a critical inflection point. With over 65 per cent of classrooms in underserved regions lacking access to trained educators or modern teaching tools, the learning crisis represents a structural failure with long-term economic consequences if not adequately addressed.

Rather than focus on policy rhetoric or aspirational targets, the conference tackled hard realities including teacher burnout, mental resilience, classroom innovation on a budget, and digital skill development.

Sessions were designed for practicality and replication, enabling attendees to take back immediately usable tools and frameworks to their schools. Specialised workshops on emotional health, low-tech teaching methodologies, and inclusive learning design underscored a broader commitment to both teacher well-being and student outcomes.

Key stakeholders in attendance included policymakers, school heads, and representatives from Nigeria’s corporate CSR sector, underscoring the convergence between social investment and educational equity.

Featured speakers included the president of the Nigerian Union of Teachers, Mr Audu Titus Amba; the General Manager of BIC Nigeria, Mr Anthony Amawe; the founder of Almanah Hope Foundation, Hope Ifeyinwa Nwakwesi; and Doyinsola Jawando-Adebomehin of Sequoia Span.

“The people who hold up Nigeria’s education system don’t need applause, they need backup,” the Executive Director for South at AltBank, Mrs Korede Demola-Adeniyi, stated.

“We see this platform as critical infrastructure. Equipping a teacher with the right tools and support is the most direct path to long-term national productivity,” she added.

“The challenge in Nigeria’s education sector is execution, not awareness. This partnership is part of a broader operational strategy to find the pressure points, inject support where it changes outcomes, and back it with measurable value. Our role is catalytic, not just financial,” Mrs Demola-Adeniyi stated further.

Business Post reports that the conference aligns with the bank’s HEART Strategy, a long-term investment thesis focused on Health, Education, Agriculture, Renewable Energy, and Technology.

Under this framework, the Bank continues to deploy capital and partnerships into scalable solutions targeting Nigeria’s most underserved sectors.

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Education

Nigerian Breweries to Empower 1,000 Lagos, Ogun, Enugu Students

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Nigerian Breweries Orange Corners Student Ambassadors Programme

By Modupe Gbadeyanka

Plans have been concluded by Nigerian Breweries to support about 1,000 Nigerian students in Lagos, Ogun, and Enugu States.

The foremost brewing company is carrying out this empowerment initiative with a leading non-profit organisation, FATE Foundation, through the Orange Corners Student Ambassadors Programme of the Netherlands.

This partnership marks a significant step in advancing youth entrepreneurship in Nigeria, equipping young people with the knowledge, skills, and opportunities needed to build sustainable businesses and contribute meaningfully to the nation’s economy.

This is because the scheme is to promote entrepreneurship and offer networking opportunities in Nigerian tertiary institutions. Ambassadors are selected from specific universities to inspire students to see entrepreneurship as a desirable career path and to foster a culture of innovation within universities.

It targets students aged 18–35 currently enrolled in tertiary institutions across Lagos, Ogun, and Enugu States.

“The partnership reinforces Nigerian Breweries’ long-standing commitment to youth empowerment and entrepreneurship development. Through initiatives like this, we are creating pathways for the next generation of entrepreneurs and business leaders in Nigeria,” the Corporate Affairs Director for Nigerian Breweries, Mr Uzodinma Odenigbo, stated.

He further highlighted the company’s track record in youth empowerment, noting that since the renewed focus on youth empowerment and entreprenuership, Nigerian Breweries has impacted 2,365 young Nigerians across 24 states and the FCT.

Also speaking on the partnership, the Executive Director of FATE Foundation, Ms Adenike Adeyemi, expressed enthusiasm about the collaboration between Nigerian Breweries and the Orange Corners Programme.

“Nigerian Breweries has been a longstanding partner with Orange Corners Nigeria in many ways. We are delighted to have the company continue to support the Orange Corners Programme and elated that this commitment will reach an additional 1000 young Nigerians leveraging the proven Orange Corners Student Ambassadors framework,” she said.

Ms Adeyemi outlined FATE Foundation’s role to include designing and delivering the training curriculum, managing student registration and participation, maintaining accurate records of all beneficiaries, and coordinating all logistical and technical aspects to ensure successful programme delivery.

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