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Stanbic IBTC Rewards Lagos Teachers

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Comenius Nursery and Primary School

Some teachers of Comenius Nursery and Primary School, a tuition-free elementary school for poor children, have been rewarded by Stanbic IBTC Bank PLC with payment of their salary for one full year.

Comenius Nursery and Primary School is an initiative of Street2School, an NGO that sponsors and supports the education programmes of poor and marginalized children.

A statement from the lender disclosed that the one-year salary of the beneficiaries was donated by staff of the Transactional Products & Services unit of the bank, which a subsidiary of Stanbic IBTC Holdings PLC.

There is a popular African saying that the reward of teachers is in heaven, but the employees of Stanbic IBTC Bank PLC chose to reward the teachers for their role in imparting knowledge on children.

Head of the Transactional Products and Services, Mr Inwang Akpan, and his counterpart at the Cash Management, Mrs Ojinika Shote, presented the cheque to the Proprietress of the school, Mrs Oluwatosin Taiwo.

Mr Akpan stated that the donation was made to the teachers in appreciation of their dedication to providing quality education to the less privileged children.

He said: “They say that the reward for teachers is in heaven, but pending when you receive that reward in heaven, there is a lot that needs to be done here to support you while we are still on earth. That is the major reason why we decided to support your efforts.”

Speaking in the same vein, Mrs Shote added that the essence of the donation was to appreciate the teachers for their tireless efforts in providing quality education to their pupils of Comenius Nursery and Primary School.

She stated: “Without teachers, there will be no school. We decided to work with a well renowned NGO, Street2School, that we know is doing great work and to support them in their quest to run a free school. That’s why we decided to support the teachers under the aegis of the Street2School initiative with one year’s salary’s worth.”

While expressing her gratitude to the management of Stanbic IBTC Holdings PLC, Mrs. Taiwo noted that paying the teachers’ salary had been a burden since the inception of the free-school program. According to her, the move by the company was a push towards ensuring that every child has access to quality education and learning. The payment of the teachers’ salaries kicks off from November 2019 to October 2020.

The employees of the Corporate and Investment Banking (CIB) unit of Stanbic IBTC had earlier embarked on similar CSR initiatives at Girls Senior Academy and the Special Correctional Centre for Boys, both located in Lagos.

The employees of the CIB unit planted the seeds of financial literacy in the minds and hearts of the Girls Senior Academy students. The students were tutored on career development, acquisition of life skills and the cultivation of financial planning for their future.

Mr Funso Akere, Chief Executive, Stanbic IBTC Capital, encouraged the students imbibe the habit of hard work, adding that they can succeed if they are determined and focused in pursuing their dreams.

The Compliance team of Stanbic IBTC Pension Managers Ltd provided groceries, school items, food items and other important supplies to the Special Correctional Centre for Boys.

Mr Edidiong Akan, Head, Compliance, Stanbic IBTC Pensions, explained that the unit decided to make the donations because of the importance the financial institution attaches to supporting children’s education and enhancing learning experiences.

Education is one of the CSR pillars of Stanbic IBTC Holdings PLC; with health and economic empowerment being the other areas of focus.

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 dipo.olowookere@businesspost.ng

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Education

Lagos Monarch Asks Government to Increase Funding to Education

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Increase Funding to Education

By Modupe Gbadeyanka

The Adeboruwa of Igbogbo, Lagos State, Oba Semiudeen Orimadegun Kasali, has appealed to the government to increase funding to education so as to develop the nation.

The Lagos monarch said this when he addressed newsmen over the weekend in Oyo State when he was honoured alongside some members of the University of Ibadan Alumni Association (UIAA), Oyo State branch.

The lawyer-turned traditional ruler also said apart from the government, parents, guardians and corporate organisations have roles to play if the educational sector must be better.

“I support the call for the government to increase funding for education and there is an internationally acceptable standard and we would urge the government to do more in that regard. I will continue to be an ambassador of the call that a large chunk of our budget should be allocated to education so that we can have an improved educational standard in the country.

“But, we know that government cannot do it alone, for instance, in my own little capacity in my domain, I have utilized every opportunity to mobilise resources for an improved education through construction of classrooms, award of scholarships to indigent students and we will continue to organise lectures to educate our wards on the dangers of joining bad companies and dangers of gangsterism in all ways,” Mr Kasali said.

The ceremony, which precisely took place on Saturday, September 11, 2021, in Ibadan, was held to recognise the old students for their various contributions to their field of endeavours.

Other recipients also echoed the thoughts of the monarch as they agreed that quality education would secure the future of Nigeria.

The Director of Program Operations, Children Community Services, New York, United States of America, Mr Rafiu Afolabi Laguda, in his submission, said parents need to train up their children to be independent, especially in their actions and decisions, lamenting that many students fell to the trap of joining cultism as a result of peer pressure.

Mr Laguda, a youth mentor and coach, who was honoured with the Worthy Ambassador Award, said getting the best of the country’s educational sector requires a collaborative effort from the government, parents, corporate organisations, and every other relevant stakeholder.

“The government is trying, parents need to support. When you talk about institutions abroad, it is not only government that is funding them. It is a collaborative effort.

“But in Nigeria, we tend to leave a bulk on the table of the government and we think that government is the superman to do everything and address all the problems.

“Parents, corporate institutions, government, all of us have roles to play in the educational development of our country.

‘On cultism and hooliganism, these are social vices driven by peer pressure. We all had the option and choice to join a cult group but we did not when we were in school,” he said.

“I know many youths who are well trained from home but who missed it when they got into campus. Parents must train up their children to be independent and learn to take independent decisions.

“Let them be accountable for whatever decision they take so that they know the task and responsibility ahead, let them know that they are always responsible for their actions and decisions,” Mr Laguda added.

In her remarks, the Permanent Secretary, Oyo State Ministry of Women Affairs, Community Development, Social and Poverty Alleviation, Mrs Christianah Abioye, described the honour as a rude shock as she was not aware that her efforts in the fields of social work were being monitored.

She assured that the Worthy Ambassador Award conferred on her will help her expand the scope of her work and facilitate opportunities for more youths, less privileged and vulnerable to be impacted through synergy with the UIAA and members of the community.

Mrs Abioye noted that government cannot handle all the issues facing the society alone but that some people have left everything in the hands of the government, adding “but it is not so. We need to come out as parents, elderly ones, brothers and sisters, teachers, neighbours, colleagues, we need to do it together. We need to change society.

“We need to let the children who are not finding it easy know that it is a matter of patience and time while also encouraging them to concentrate on their studies and or vocation and let them know that they will through that part achieve a lot more for themselves and the society at large,” she stated.

Other awardees at the event included the Sabiganna of Iganna, Oyo State, Oba Salau Azeez (Royal Ambassador Award), Dotun Sanusi (Outstanding Alumnus Award 2021) and Dr Fola Akinosun (Commendable Philanthropist Award), amongst others.

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Education

Akwa Ibom to Establish College of Science and Technology

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College of Science and Technology

By Ashemiriogwa Emmanuel

The Akwa Ibom State government has announced plans to establish a college of science and technology with the collaboration of the University of Lagos (UNILAG) in the areas of personnel training and manpower development.

The Governor, Mr Udom Emmanuel, said this on Monday while receiving a delegation from UNILAG, his Alma Mata, led by the Vice-Chancellor, Professor Oluwatoyin Ogundipe.

According to the Governor, the college will run as an intermediary programme to prepare students for science and bridge the gap of effective science learning preceding tertiary education.

Speaking at the meeting, which was held at the Government House in Uyo, he said that the state was ready to carry out collaborative programs and entrepreneurial courses packaged to establish students after their school year.

This will see the rearrangement of the curriculum of education generally and that of Akwa Ibom State University (AKSU).

“So, we are trying to rejig the curricular, we want to bridge a gap of intermediary education the way you see in other places, so we are thinking of establishing a College of Science and Technology that will serve as an intermediate programme that will prepare people to come into science

“Because in most cases students leave secondary school and gain admissions into the University, and most secondary schools don’t have the same standards, so we are trying to bridge that gap and it is an area we need a whole lot of assistance,” Mr Emmanuel disclosed.

Soliciting collaborative efforts, the Governor added, “We want collaboration with you in our tertiary institution AKSU. I’m sure the Commissioner for Education with Vice-Chancellor of AKSU will make a presentation at the exco very soon in these areas we want collaboration especially in the area of training our people, lecturers and a whole lot, this is because the original vision of that institution was to specialize in science and technology.”

Mr Emmanuel further disclosed that preparations were in top gear to formalize empowerment programs at the skills acquisition centre established by the state government to create job opportunities for Youths.

He then called on the University of Lagos to partner with the state in areas of manpower development and entrepreneurial courses in the centre.

In response, Professor Ogundipe lauded the efforts of the Akwa Ibom government in areas of industrialization and power and expressed readiness to partner with the state.

He said, “We are bringing on board two major things, we are ready to collaborate with you concerning the young university, just like the Borno State University that we are going to train their lecturers and some of their lectures who had to do PhD we will be able to assist them because of the collaboration we have with other tertiary institution outside the country it will be easy for them to do their research work.

“The second thing is a collaboration with the government in areas of studies, you want to test your feasibility, and we will do it.”

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Education

Governors Not Funding State Universities—ASUU Laments

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Funding State Universities

By Ashemiriogwa Emmanuel

The Academic Staff Union of Universities (ASUU) has expressed concerns over the failure of Governors in funding state universities across the country.

The Chairman of the union, Calabar Zone, Mr Aniekan Brown, said this on Wednesday. He said most state governors now rely on Tertiary Education Trust Fund (TETFUND) in improving their universities structure.

According to him, such funds are sometimes diverted to establish a new university, which is not encouraged.

He urged state governors and university administrators to put all hands on deck to avert an impending crisis in the state-owned universities.

In addition, Mr Brown said that the union was also worried about the establishment of universities by state governments without backing the same with laws, noting that the university system should be without politics.

“This is worrying that only seven state-owned universities have their laws in conformity with the Universities Miscellaneous Provision Amendment Act of 2012, while 26 are partially compliant,” he said.

Urging them to follow the laws as recorded in the Universities Miscellaneous Provision Amendment Act of 2012, he cited that the autonomy of the universities is trampled by usurping the powers of Governing Councils and the Senate.

“Evidence of this could be gleaned from the manipulation of the composition or non-constitution of Governing Councils. For instance, the Yobe State University law stipulates a five-year single tenure but it was repealed and replaced with a four-year renewable tenure for the position of vice-chancellor.

“In Ebonyi State University, there is no chancellor and the state government is yet to constitute a new Governing Council since it was dissolved in November 2020. At Enugu State University of Science and Technology, the vice-chancellor has acted for 15 months.

“Currently, the autonomy of the Kaduna State University is under intense threat as it is placed under the supervision of both the state Ministry of Finance despite the existence of governing council,” Mr Brown explained.

He said ASUU, therefore, calls on all concerned stakeholders to immediately set in motion necessary steps for the domestication of the Universities (Miscellaneous Provision Amendment) Act to allow for the exercise of autonomy in these state universities in line with the national and global standards.

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