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UBA Sets Aside N1m for National Essay Competition Winner

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UBA Sets Aside N1m for National Essay Competition Winner

By Dipo Olowookere

The sum of N1 million has been set aside for winner of the 2017 National Essay Competition organised by UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc.

At a well-attended press conference held last Tuesday at the bank’s headquarters in Lagos to announce the call for entries for the 2017 edition, Chief Executive Officer of UBA Foundation, Mrs Bola Atta, said the essay competition, which is eligible for all senior secondary schools students across the country, provides an opportunity for students to win prizes in the form of educational grants to help them realise their goals in life.

The contest is to promote a reading culture and encourage healthy and intellectual competition amongst secondary school students in Nigeria and across Africa.

“We are well aware that if you help get one child educated, you help support an entire family as that child will eventually positively impact his/her community.

“The competition is a key aspect of our investment drive in human capital and we will continue to sustain the initiative because education is very important to UBA and we are more than committed to providing the necessary support for students in Nigeria and throughout the African continent,” she noted.

Mrs Atta also explained that each year, the bank donates thousands of books to students in Nigeria and other parts of Africa, under the ‘Read Africa’ initiative to encourage and promote the reading culture in secondary schools.

“We are driven by the mantra to do well and do good and we will not relent in our efforts at touching lives through our various projects, and initiatives,” she told the excited students.

According to her, the first prize for the UBA National Essay Competition is a N1 million educational grant for the winner to study in any African university of his or her choice while the second and third prizes are N750,000 and N500,000 educational grants respectively.

She explained that entries received from students for the competition will be reviewed by a distinguished panel of judges made up of professors from reputable Nigerian Universities, who will then shortlist 12 best essays for further assessment.

A second round of the competition will involve the 12 finalists who will write a second supervised essay from which three best essays will be selected. “Three best essays will be selected as the overall winners from 12 finalists that will emerge from the first round of the competition,” she noted.

Mrs Atta explained that the choice of essay for this year’s competition is one that helps promote creative and analytical thinking in students. The students are to develop a manual on any chosen form of technology or innovation (real or imagined) and make this manual discernable for the simplest of minds.

It is important to note that apart from Nigeria, the national essay competition is also held in other African countries including Ghana and Senegal with more countries to be rolled out in the first quarter of 2018.

Also Speaking at the event, Deputy CEO, Anglophone Africa, Mr Ebele Ogbue asserted that Knowledge is power and the only effective way to transform Africa is through Education.

“Undoubtedly, the future of any nation rests on the younger generation. Hence, the legacy passed on by the preceding generation could make a nation.

“Therefore, investing in the future of the youths is key to redeeming the economy for the collective good. This is why UBA’s support of education across Africa is relentless,” he stated.

As a the CSR platform for the UBA Group, UBA Foundation embodies the Group’s CSR objectives and seeks to impact positively on the society through a number of laudable projects and initiatives.

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

Education

Educating Every Nigerian Child Our Priority—Stanbic IBTC Trustees

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Stanbic IBTC Trustees

Stanbic IBTC Trustees Limited, through the Stanbic IBTC Education Trust (SET), has made assisting Nigerian parents and guardians to secure their children and ward’s academic future one of her top priorities.

SET is a flexible and easy investment plan with long-term benefits that support parents and guardians striving to provide quality education for their children and wards.

With SET, parents and guardians can ensure the payment of their children and wards’ school fees as education-related expenses are directly effected by the institutions of learning, be it elementary to tertiary levels. This action ensures that unforeseeable events do not cause a disruption in their education which may negatively impact their future.

Education trust funds are invested in conservative-type instruments and professionally managed and administered by a reputable Corporate Trustee and Fund Manager.

Parents and guardians can also nominate their children and wards’ SET accounts as a beneficiary for their life insurance policies; a clear example is the Group Life Insurance Policy. Situations like this would ensure that the portion allocated to each child’s SET account is received and utilized for the child’s education. This has proven to be extremely beneficial if the child is a minor (under 18 years of age) or still in school.

Speaking about the positive impact of SET on the Nigerian child, Mr Charles Omoera, Chief Executive, Stanbic IBTC Trustees Limited, said that the organisation understands the significant impact of quality education on every child and the positive effect it will have in shaping their future.

Mr Omoera urged parents and guardians to put in place SET for their children and wards to help them address any adverse circumstances likely to halt their education. He stated that parents and guardians must always strive to give their children and wards quality education to position them for rare opportunities attached to the benefits of having quality education.

Stanbic IBTC Trustees remains committed to ensuring that Nigerian children have access to quality education from elementary to tertiary education to help develop their minds and contribute meaningfully to society.

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Education

Orevaoghene Whiskey Emerges InterswitchSPAK 4.0 Winner

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Orevaoghene Whiskey

By Modupe Gbadeyanka

A student of Top Faith International School, Akwa Ibom State, Miss Orevaoghene Whiskey, has won the fourth edition of the prestigious InterswitchSPAK National Science Competition.

She is now the first female winner of the 13-week Science, Technology, Engineering and Mathematics (STEM) show, which had over 20,000 applications across the country.

With the win, the 16-year-old best STEM student in Nigeria will receive the grand prize of N7.5 million in scholarships, among other exciting prizes.

InterswitchSPAK Nigeria is the corporate social responsibility (CSR) initiative of Africa’s leading integrated payments and digital commerce company, Interswitch.

The programme aired on domestic and terrestrial television stations, providing a platform for brilliant young Nigerians to showcase their knowledge in STEM subjects.

In the fourth edition, Adesayo Elumaro of The Ambassadors College, Ota, Ogun State, clinched the second spot and went home with N4 million, while Precious Akinyemi of Rhema Chapel International School, Oyo State, grabbed the third position and N1 million in scholarship.

Speaking on the essence of the initiative, the Chief Customer Experience Officer at Interswitch, Ms Oremeyi Akah, emphasised the need for more young Africans to tow the STEM path, thereby underscoring the goal of the InterswitchSPAK National Science competition.

”Research by the Africa Development Bank (AfDB) reveals that less than 25% of African higher education students pursue STEM-related career fields,” Ms Akah said.

Based on this premise, she expressed concern about the retrogressive impact this could pose on Africa’s talent pool which may not be opportune to acquire the necessary tech skills to drive innovation on the continent in the near future.

However, she submitted that through initiatives such as the InterswitchSPAK National Science competition, hope holds sway because “Interswitch is inspired by its vision of a prosperous Africa, driven by the exchange of value and commerce; an Africa where Africans are equipped with the requisite knowledge to solve the unique challenges faced on the continent.”

She added that the reward and prizes totalled N12.5 million was a way to fund the “dreams and aspirations” of the winners as they work towards creating an impactful future for Nigeria and Africa in general.

Last season, 16-year-old Jubril Dokun of Brainfield College, Salolo, Lagos State, who snagged the first prize, also emerged among the top 10 highest scorers in the 2022 Unified Tertiary Matriculation Exam (UTME).

With a vision of a prosperous Africa, Interswitch has pledged to provide enabling platforms that encourage the future generation of STEM professionals who will contribute to the growth of Nigeria and Africa at large. This has been evidently demonstrated with InterswitchSPAK rewarding 12 outstanding STEM students with a total of N50 million over the last four years.

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Education

InterswitchSPAK 4.0 Finalists Nudge for N7.5m University Scholarships

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InterswitchSPAK 4.0

As the semifinals of the InterswitchSPAK National Science Competition draws to an end, nine contestants are left in the race for the crown as the best Science, Technology, Engineering, and Mathematics (STEM) student in Nigeria.

The student who emerges tops will bag the grand prize of N7.5 million in scholarship for a five-year period, a brand-new laptop, and a monthly stipend. The second-place winner will go home with N4 million scholarship spread over a period of three years, a brand-new laptop, and a monthly stipend.

The third-place winner gets N1 million scholarship spread over a period of one year, a brand-new laptop, and a monthly stipend.

It is interesting to note that these students emerged from over 20,000 students that sat for the Crux Computer-Based Test (CBT) held nationally last year to compete for the bragging rights as the country’s best STEM student.

Preparations for the grand finale are in place and the excitement is high as followers of the show anticipate a stiff and rousing competition between the unusual mix of contestants left in the race.

While girls have made it through to the finale of previous seasons of the competition’s 4-year run, this season has the highest number of female finalists, they include Precious Akinyemi of Rhema Chapel International School, Oyo State, Joyce Onubogu of British Spring, Awka, Anambra; Towoju Atinuke of Seolad International College, Ogun State; and Orevaoghene Whiskey of Top Faith International School, Akwa Ibom State.

Other finalists equally competing for the grand prize include Zulqarnain Abubakar of Apt Scholars Universal College, Ogun State; Chimdubem Duruji of The Ambassadors College, Ota, Ogun State; Oraibi Okari of Jephthah Comprehensive Secondary School, Rivers State; Adesayo Elumaro of The Ambassadors College, Ota, Ogun State; and Stephen Nwaneri of Adedokun International Schools, Ogun State.

Over the years, InterswitchSPAK has remained committed to driving the interest of young African students in STEM subjects by encouraging and rewarding them in their pursuit for excellence.  InterswitchSPAK is a flagship CSR initiative of Interswitch, Africa’s leading integrated payments, and digital commerce company.

To catch the grand finale, tune in to DSTV Africa Magic Family 154 on Sunday, 29th January 2023 at 5:30 pm, with a repeat broadcast on Wednesday, 1st February 2023 at 3 pm; and on the AIT Network at 7.30 pm on Sunday, 5th February 2023. You don’t have to miss the action while on the go, you can watch the show on platforms such as LinkedIn and YouTube.

Stay tuned for the finals. It promises to be nothing short of entertaining, educating, and thrilling. Bond with family while at it. What better way to inspire the budding generation than to give them something to aspire to, knowing that if they can dream it, they can achieve it.

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