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Heritage Bank, FAMO Empower Private School Teachers, SMEs

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Heritage Bank FAMO

By Modupe Gbadeyanka

For about six months, schools in Nigeria have remained closed because of the government’s efforts to control the spread of Coronavirus disease in the country.

Since the education sector was shut down in March 2020, some private school teachers have not received salaries from their employers and this has made life very difficult for them.

In an effort to cushion the effects of this, Heritage Bank Plc has partnered with a Lagos politician, Mrs Fatima Mohammed, through her Fatima Mohammed (FAMO) foundation, to empower over 300 private school teachers and small-medium enterprises (SMEs).

The beneficiaries were picked in 15 local governments; including five major markets in Ojokoro Local Council Development Area of Ifako Ijaiye, in Lagos State and presented with some food items and the sum of N10,000 at the weekend.

At the presentation, the Group Head, Education, NGO & Faith Groups, Lagos Mainland Zone of Heritage Bank, Mother Dan-Egwu, stated that as an educational-friendly financial institution, Heritage Bank appreciates the socio-economic role the sector plays in the country.

According to her, Heritage Bank deemed it necessary to partner FAMO to champion the corporate social responsibility of the bank in supporting private school teachers and small businesses out of hardship and the quagmire plunged into nationwide by the pandemic.

She further explained to journalists that Heritage Bank and the Foundation seek to help teachers in phases.

On the mode of selection adopted, she stated that FAMO selected the teachers based on the regions, as the first phase comprised 300 teachers and SMEs in the South West (Lagos) through the help of National Association of Private School Teachers (NAPST), which identified those teachers in direst need of the assistance.

She, however, disclosed Heritage Bank’s strategy to provide basic palliative care to the educational system at the resumption of academic activities in schools.

According to her, the bank has three areas of basic supports in providing mentorship program for schools, school portal and school health plan in partnership with Health Maintenance Organisations (HMOs).

She further explained that support programs churned out by the bank are designed to instil value and keep students focused on making the best of their lives through corporate models, help school authorities to manage operations and steer them into moving the educational system to the new digital era; where teachers can use technology in classroom management, administration, engagement with parents.

For the school health plan, Dan-Egwu hinted Heritage Bank would help to provide a very affordable health plan to ensure that every member of the school community is covered medically, as this will reduce the anxiety amongst teachers, parents and school authorities.

In her address, the convener of FAMO, Mrs Mohammed, commended Heritage Bank for its bold steps in joining hand-in-hand to support the challenged private school teachers, SMEs sectors and the roles the bank plays in championing CSR in the country.

The female politician stated that the primary aim was basically to cushion the effect of poverty especially as it concerns the private school teachers.

“The private school teachers because of the pandemic haven’t been paid for 6months and there are a lot of such cases around here. Ifako-Ijaye is the second-largest LGA in Lagos State; therefore, it is time to reach out to the people.

“During the pandemic, we have reached out to them about 2 to 3 times. I reached out to Heritage Bank and they heard my voice just to partner with us with my palliative team just to cushion the effect,” she said.

Meanwhile, for the SME owners, she further stated that additional plans have been agreed upon with the Agency Banking Unit of Heritage Bank to empower them to function as agents in this space.

She also commended Heritage Bank as a youth-friendly bank for their numerous supports to young Nigerians in helping to promote their businesses and dreams.

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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Peter Obi Pledges Education, Healthcare Overhaul if Elected President

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Peter Obi Prioritize Economic Recovery

By Adedapo Adesanya

The presidential candidate of the Nigeria Democratic Congress (NDC) in the 2027 general elections, Mr Peter Obi, has promised sweeping reforms in education, healthcare and human capital development if elected.

In a statement on X on Wednesday to mark the beginning of July, Mr Obi recalled his decision to contest the presidency, saying he remained committed to placing Nigeria on the path of unity and national transformation.

Mr Obi, who is set to contest against the incumbent President Bola Tinubu and Atiku Abubakar of the African Democratic Congress (ADC), announced plans to unveil a comprehensive roadmap in the coming weeks and months.

He said the framework was aimed at tackling abuse in government, reversing the declining quality of life, and fostering national unity, peace and sustainable prosperity.

According to the former Governor of Anambra State, his proposed agenda is anchored on the principles of unity, inclusion, social justice, equity and the freedom of every Nigerian to pursue legitimate aspirations.

He identified education and healthcare as the pillars of human capital development, describing a skilled and healthy population as the foundation for economic growth, improved public services and national development.

Mr Obi said his administration would, from inception, establish a task force to significantly reduce the number of out-of-school children across the country.

He also pledged to prioritise Technical and Vocational Education and Training (TVET) as part of a broader strategy to drive industrialisation through agriculture, value addition and the establishment of industrial parks across Nigeria’s geopolitical zones.

According to him, improved funding and equipment for TVET institutions, supported through partnerships involving government, the private sector and faith-based educational organisations, would create apprenticeship opportunities modelled after Germany’s dual education system.

The NDC chieftain argued that Nigeria must address the paradox of high unemployment alongside the shortage of skilled labour, which has compelled many Nigerian entrepreneurs to establish businesses outside the country.

He said resolving the skills gap would be critical to shifting Nigeria from a consumption-driven economy to one powered by production and industrial growth.

“Doing so is essential for the common good and for facilitating our transition from a consumption-driven economy to a production-driven one,” he noted.

The politician also promised to strengthen character and civic education, saying his administration would promote values that build trust, encourage responsible leadership and foster national cohesion, maintaining that these reforms would form part of a broader governance framework designed to unlock Nigeria’s human capital potential and deliver inclusive economic development.

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DigitalSENSE Africa Inducts ipNX’s Olusola Teniola into Hall of Fame

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olusola Teniola DigitalSENSE Africa hall of fame

By Aduragbemi Omiyale

The Director of Strategic Business Initiatives for ipNX, Mr Olusola Teniola, has been inducted into the prestigious DigitalSENSE Africa Hall of Fame.

This was done at the 17th edition of the annual Nigeria DigitalSENSE Forum, recently held in Lagos, themed Sustaining WSIS Vision with Multi-stakeholder Synergy in Nigeria.

The event brought together policymakers, regulators, industry leaders, civil society groups, and technology stakeholders to explore pathways for strengthening the nation’s digital future.

Mr Teniola’s inclusion in the group is as a result of his outstanding contributions to Nigeria’s digital ecosystem, spanning more than three decades of leadership in telecommunications, broadband advocacy, internet governance, and technology policy development.

The honour celebrates his enduring commitment to advancing digital inclusion, affordable connectivity, and multi-stakeholder collaboration in the country’s rapidly evolving digital economy.

Serving as chairman of the forum, Mr Teniola used the platform to challenge stakeholders to move beyond discussions and focus on tangible outcomes that will accelerate national digital development.

“As we deliberate today, we must be intentional about concluding with concrete, measurable, and actionable outcomes. We must identify practical steps that can be implemented, monitored, and evaluated. We must commit ourselves to actions for which we can be held accountable long after this event has ended,” he stated.

Highlighting the core principles of the WSIS vision, he noted that digital transformation must remain focused on people, inclusion, and sustainable development.

“Technology must serve people, not the other way around. The ultimate measure of digital transformation is the positive impact it has on citizens and communities,” he said, calling for a digital future in which every Nigerian has the opportunity to participate and benefit from the digital economy, regardless of location, gender, age, disability, educational background, or economic status.

He also underscored the critical role of technology in driving economic growth, improving governance, expanding access to education and healthcare, creating jobs, and fostering innovation across the country.

The DigitalSENSE Africa Hall of Fame is reserved for distinguished individuals whose contributions have significantly shaped the continent’s digital landscape.

Mr Teniola joins an elite group of industry leaders recognised for their impact on technology development, policy advocacy, and infrastructure growth.

His induction reflects not only his personal achievements but also ipNX’s continued commitment to building world-class digital infrastructure, enabling connectivity, and creating possibilities for Nigeria and the African continent.

Speaking on the significance of the recognition, the forum organisers described Mr Teniola as a leading voice in Nigeria’s digital ecosystem whose work has consistently advanced broadband expansion, internet affordability, and stakeholder collaboration.

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Flooding Triggers Widespread Power Outage in Parts of Lagos

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ikeja electric poles

By Adedapo Adesanya

Ikeja Electric Plc has announced a widespread power outage across several parts of Lagos following severe flooding at the Oworonshoki 132/33kV Transmission Station.

In a public notice issued on Tuesday, the electricity distribution company said the flooding affected two power transformers and several 33kV/11kV feeders, resulting in outages across multiple communities.

The affected feeders include Ladilac, Bariga, Alapere, Oworo, Gbagada, Pedro, GTB, Anthony, Agboyi, Ifako, Araba, Hospital and Bakare.

According to the company, the disruption was caused by floodwaters that submerged critical transmission infrastructure at the Oworo Transmission Station.

“Ikeja Electric is working closely with the Transmission Company of Nigeria (TCN) to restore supply as soon as the transmission facilities are back in service,” the notice stated.

The electricity distribution company apologised to customers for the inconvenience and appealed for patience while efforts are underway to restore normal power supply.

The development comes amid heavy flooding in several parts of Lagos, which has disrupted transportation, businesses and other economic activities across the state.

In flooding-related development, the Nigerian Meteorological Agency (NiMet) has alerted Lagos residents and other coastal states to a heightened risk of flash flooding on Tuesday, June 30.

The warning was contained in NiMet’s Tuesday Weather Outlook for June 30, 2026.

The update, which sustained rainfall across the southern region throughout the day, comes following forecasts of widespread rainfall across southern Nigeria.

According to the agency, continuous rainfall could trigger flash flooding in coastal and low-lying communities, particularly in Lagos and other states along Nigeria’s southern coastline.

The forecast also outlined expected weather conditions across the northern and North Central regions while advising residents and key sectors to take precautionary measures.

NiMet forecast thunderstorms accompanied by light rainfall over parts of Ondo, Ogun, Edo, Lagos, Rivers, Delta, Bayelsa, Cross River, and Akwa Ibom states during the morning.

The agency added that rainfall would intensify later in the day, with moderate rainfall expected across the entire southern region during the afternoon and evening.

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