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Oyo School Governing Boards (SGBs): Ajimobi’s Masterstroke for Education Revival.

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THE recently planted seed of the School Governing Boards (SGBs), an education policy in the education sector, conceived, conceptualized and inaugurated in all the 628 Public Secondary Schools in Oyo state by the Abiola Ajimobi led administration has not only revolutionised the education sector in the state but it has also started yielding positive fruits.

Knowing that education is better driven through the collaborative efforts of all stakeholders, the present administration in the state is conscious of the positive contributions of Public Private Partnership  (PPP)  hence its decision to incorporate the policy into the education sector in the state.

The timely clarion call made by the state’s government to all the stake holders was borne out of the urgent need to restore Oyo state to its glorious years having known that government cannot, alone, bear the burden of an important sector such as education.

The introduction of SGB policy aimed at restoring, transforming and repositioning the education sector in the state has started yielding positive fruits as Old Student’s Associations, Philanthropists, Parent Teacher Associations, Private Companies among others continuously stretched forth their good hands for the betterment of education sector in general and their Alma Mata in particular.

Newly renovated classrooms.

“This will be my fourth time of coming to the school to commission a good gesture like this within a year. In fact, these gestures have demonstrated the commitment and cooperation of Old students that no government can shoulder the responsibilities of education alone. It is this conviction that gave birth to the establishment of the School Governing Boards (SGBs)”.

Governor Abiola Ajimobi who spoke, ecstatically, through his Commissioner for Education, Science and Technology, Professor Adeniyi Olowofela during the official commissioning of the newly renovated staff room, block of eleven classrooms and provision of furniture donated by the 1977 Old Students Association of Olivet Baptist High School, Oyo yesterday also urged other old students across the length and breadth of Oyo state to emulate the good gestures stressing that judging by the fruits which the SGB policy has produced since its introduction, Oyo state will soon reclaim its lost glory.

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Similarly, the Commissioner lauded the kind hearted Old Students for their efforts toward contributing to the repositioning of education in the state. He noted that the newly renovated classrooms will not only provide conducive and child friendly environment to the citadel of learning, it will also enhance teaching and learning activities in the school.

Furniture provided by the Old Students Association.

The ex- council boss stressed that qualitative education through provision of required and adequate teaching and learning materials has been a great concern to the present administration, saying it is in this view that, the government has been supplying furniture to schools and has not relented in carrying out series of renovation in schools.

He, however urged the teachers not to relent in their efforts no matter the situation, adding that the teaching profession is a noble one which no financial reward can compensate.

The event had in attendance, Senator Monsurat Sunmonu representing Oyo Central Senatorial District, Dr Adekunle Ogunmola, South West, INEC Commissioner among other dignitaries.

 

 

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Senate Approves Tinubu’s $500m Loan for Power Sector Boost

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The Nigerian Senate has approved President Bola Tinubu’s $500 million loan request intended to bolster the operations of the Bureau of Public Enterprises (BPE) to enhance the financial and technical performance of electricity distribution companies, ultimately benefiting citizens.

The endorsement, announced on Tuesday, follows a thorough examination of the report presented by Senator Aliyu Wamakko, who heads the Senate Committee on Local and Foreign Debts overseeing the 2022 – 2024 External Borrowing (Rolling) Plan specifically for the Bureau of Public Enterprises (BPE).

During the presentation of the report, Senator Haruna Manu, serving as the Vice Chairman of the Committee, emphasised the importance for the Senate to duly receive and deliberate upon the report of the Committee on Local and Foreign Debts concerning the 2022 – 2024 External Borrowing (Rolling) Plan for the Bureau of Public Enterprises (BPE).

The $500 million loan constitutes a portion of the $7.94 billion loan originally requested by President Bola Tinubu on November 1st, 2023, within the framework of the 2022-2024 external borrowing plan. In addition to the $500 million, President Tinubu also sought approval for a €100 million loan.

However, during a special plenary session on December 30, the Senate greenlit the borrowing of $7.4 billion after careful consideration of the report furnished by the Committee on Local and Foreign Debt.

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Melinda Gates Resigns from Gates Foundation, Set to Receive $12.5 Billion

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In this file photo taken on September 26, 2018, Bill Gates and his ex-wife, Melinda Gates, introduce the goalkeepers event at the Lincoln Center in New York. Ludovic MARIN / AFP

Melinda French Gates announced Monday she was leaving the philanthropy mega foundation she established with her ex-husband, Microsoft co-founder Bill Gates.

The resignation, which becomes effective on June 7, will leave Bill Gates as the sole chair of one of the world’s most influential and powerful non-governmental organizations.

“After careful thought and reflection, I have decided to resign from my role as co-chair of the Bill & Melinda Gates Foundation,” Melinda French Gates wrote in a statement posted on social media.

The statement gave no reason for her departure, but noted that “under the terms of my agreement with Bill, in leaving the foundation, I will have an additional $12.5 billion to commit to my work on behalf of women and families.”

The couple married in 1994 but announced their divorce in 2021.

They had continued to co-chair the foundation which they established in 2001 with the vast wealth acquired through the success of Microsoft.

With a focus on child poverty and preventable diseases, the foundation has been heavily involved in fighting malaria and in providing toilets and sanitation in poorer parts of the world.

The foundation’s website says it has spent $53.8 billion since 2000, and claims the number of children around the world who die before their fifth birthday has halved in this time.

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Bill Gates thanked his ex-wife for her “critical contributions” to the organization.

“As a co-founder and co-chair Melinda has been instrumental in shaping our strategies and initiatives, significantly impacting global health and gender equality,” he said.

“I am sorry to see Melinda leave, but I am sure she will have a huge impact in her future philanthropic work.”

The organization’s chief executive, Mark Suzman, said its name would change to simply the Gates Foundation — it has been known as The Bill & Melinda Gates Foundation.

“I truly admire Melinda, and the critical role she has played in starting the foundation and in setting our values, she has played an essential role in all that we’ve accomplished over the past 24 years,” he said in a video posted to social media.

“I will miss working with her and learning from her. I look forward to seeing her continued impact.”

 

 

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EFCC calls on banks’ compliance officers to uphold confidentiality

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The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has urged Compliance Officers of Banks nationwide to refrain from unauthorised disclosure of EFCC’s investigative activities and requests made to banks’ customers.

Speaking through the Acting Zonal Director of the Ibadan Zonal Command of the EFCC, ACE I Hauwa Garba Ringim, during a stakeholders’ meeting with Compliance Officers of Banks in Oyo State on Tuesday, Olukoyede emphasised the detrimental impact such disclosures have on the investigation of financial crimes and the timely filing of corruption cases in court.

Olukoyede expressed concern over the tacit support fraudsters receive from the Nigerian banking sector, highlighting the challenges it poses to the Commission.

He urged Compliance Officers to promptly respond to EFCC’s correspondence with certified true copies of relevant documents, as this facilitates swift investigation processes.

Also, Olukoyede addressed the illegal trading of naira with Point-of-sale (POS) operators, stressing the need to curtail such practices for the benefit of Nigerians.

In response to the chairman’s directives, Compliance Officers assured the EFCC of their unwavering support and commitment to enhancing collaboration between the Commission and banks for more effective anti-corruption efforts.

 

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