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THIS IS A PUBLIC GOOD PROJECT: Solving the Headache of School Fees

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Access to good quality education in Nigeria should not drive a parent into depression, debt, and continuous stress. Education is considered a human right, and social good, which simply means access to good and quality education, should be at less / no cost at all.

The general notion is that only well-furnished and highly built private schools can deliver quality education simply because their rate is high. Research have shown that parent do not have the right professional guidance to help them make decisions about their wards education.

Research has also shown that school fees consumes up to 90% of parents income. For some others, the entire family income is not up to 50% of the money they need to pay school fees.

In the United States of America, college students fund their education to the level of about 65% through their own income, savings, scholarships, grants, and loans. In Britain, parents do not have to save to guarantee good quality education for their children, students can pick up all their education bills through scholarships, grants, loans and income from part time work, while they attend their Ivy League college, Oxford, Cambridge and the likes. In some Scandinavian countries, education up to doctoral level is virtually free; students are paid salaries in addition to undertaking their doctoral research free.

But here, parents are made to pay tuition fee through tooth and nail for music, dance, karate, bead making classes their children will not find useful in the management of their careers.

Education Advocates and SmartCareers are sponsoring a public lecture as part of their contribution to the conversation that will help to resolve the challenges afflicting the education industry in Nigeria.

Come learn how to fund your children’s education (from nursery to university) with ease and guarantee their excellent academic performance at a free public lecture.

Who can attend?

 Parents who desire to give their children good quality education at any level and at a cost they can conveniently afford.
 Parents of children who are currently in Primary 5, and Primary 6 as well as SS1, and SS2, about to make higher educational decisions for their children.
 Individuals who need professional guidance on how to process relocation to Canada, US, and UK
 Parents wishing to build happy and financially secure families where all members work cooperatively together

Programme: Public Lecture on EASY FUNDING OF CHILDREN’S EDUCATION

Date: Saturday May 19, 2018

Time: 10:00am – 12:00pm

OR

2:00pm – 4:00pm

(Kindly choose one. Participants must be seated before the time for the session they signed up for. Gates open 30 minutes before start time.)

Venue: MAN Event Centre, 5 Elewura Street, Wemabod Estate. Off Adeniyi Jones Avenue, Ikeja, Lagos.

Facilitator: Peter Ogudoro, PhD in Education & Career Management. .Click here for his profile https://www.smartcareers.solutions/programme-director

To register please log on to:
Link: https://www.smartcareers.solutions/school-fees-funding

YouTube Link: https://youtu.be/NhrbhPE4uVQ

Note: You will be sent an invitation that confirms the session you are booked for. The invitation will reach you at least 3 days before the event. So, please ensure the contact details you give us are accurate.
Call 08023249654 if by May 17, 2018 you have not received your invitation.

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Breaking: John Dramani Mahama sworn in as Ghana’s President

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Mr. John Dramani Mahama has been officially sworn in as Ghana’s president at a grand inauguration ceremony held at the Black Star Square in Accra.

Thousands of Ghanaians, alongside dignitaries and global leaders, gathered to witness the historic event, which marked an important moment in Ghana’s democratic journey.

President Mahama, 65, assumes office after a decisive victory in last year’s presidential election, where he secured 56.6 percent of the vote against the New Patriotic Party’s (NPP) candidate, then Vice-President Dr Mahamudu Bawumia, who garnered 41.6 percent. This margin of victory is the largest seen in Ghana’s elections in 24 years, with a voter turnout of 60.9 percent.

Mahama replaces Nana Addo Dankwa Akufo-Addo, promising to address pressing issues such as economic challenges, corruption, unemployment, and the environmental damage caused by illegal mining, known locally as “galamsey.”

Historic return

Mr. Mahama’s inauguration is particularly significant as it represents a stunning political comeback. After serving as president from 2012 to 2017. Mahama lost the 2020 elections. His return to power has been hailed as a testament to his resilience and the electorate’s demand for change.

The victory also continues Ghana’s tradition of alternating power between the National Democratic Congress (NDC) and the NPP, with no party winning more than two consecutive terms since the return to multi-party democracy in 1992.

Oaths of Office

Mr. John Mahama and Vice-President-elect Professor Jane Naane Opoku Agyemang were administered the oaths of office by Chief Justice Gertrude Torkornoo with the latter taking her turn first in the ceremony which also doubled as a sitting of the ninth Parliament.

They took the Oath of Allegiance first followed by the Oaths for their respective Offices as President and Vice President.

Inaugural address

In his inaugural speech, President Mahama addressed key national issues, outlining his vision for the future of Ghana.

Looking ahead

The challenges facing Mahama’s administration are significant. During his previous tenure, Ghana grappled with economic difficulties, persistent power cuts, and corruption scandals. Many Ghanaians are hopeful that his return will herald a new era of progress and accountability.

As the nation enters this new chapter under President Mahama’s leadership, all eyes are on his administration to deliver on its promises and restore hope to the Ghanaian people. The coming months will be critical in shaping the legacy of his unprecedented third term.

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Bandits Were Two Kilometres Away From Where I Lodged – Governor Makinde Raises Alarm Over Influx Of Terrorists Into Oyo State

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The Oyo State governor, Seyi Makinde, has raised the alarm that bandits from the Northwest are fleeing to the southern state.

According to him, the development is due to a continued military onslaught in the Northwestern region which has forced the bandits to flee to Ibadan, the state capital.

He made this assertion at the 2025 annual inter-faith service for workers held in Agodi area of Ibadan, the state capital.

Makinde, however, vowed to smoke out the fleeing bandits and deal with them.

He said: “The year 2024 was challenging, particularly in terms of safety and security.

“We had incidents of fire outbreaks, armed robberies, and kidnappings. However, in 2025, we will redouble our efforts to address these issues.”

“During a security briefing this morning, I learned that some bad elements from the North-West are relocating here due to military heat in their zones. But we will find and deal with them.”

“During my birthday retreat, bandits had camped less than two kilometres from where I was staying.”

“This underscores the seriousness of the situation.”

The governor urged residents and traditional rulers to report any suspicious movements.

“To our traditional rulers, who are custodians of your domains, and to all residents, this is no joke. If you see suspicious movements, report them immediately.”

“For us in Oyo, bandits will have no foothold. I will not sleep until every inch of this state is safe,” Makinde noted.

Nigerian states especially in the Northern region are battling from activities of bandits and terrorists, a situation that has usually led to deaths, kidnappings, destructions and destabilisation of states.

 

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GTCO PLC Announces Successful Completion of the 1st Phase of Its Equity Capital Raise Programme; Raises ₦209 Billion 

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Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC).

 

The Offer, which garnered substantial interest from domestic retail investors, raised a total of ₦209.41 billion from 130,617 valid applications for 4,705,800,290 Ordinary Shares, fully allotted. This milestone concludes the first phase of GTCO’s phased equity capital raise programme, which is structured on a balanced allocation strategy based on an equal split between institutional and retail investors. This balanced approach aligns with GTCO Plc’s commitment to fostering a well-diversified and robust investor base.

 

Commenting on this phase of the recapitalization exercise, Segun Agbaje, Group Chief Executive Officer of GTCO Plc, expressed his gratitude: “We extend our sincere appreciation to our new and existing shareholders, as well as the regulatory authorities, for their unwavering support during this initial phase of our equity capital raise. The strong participation and successful capital verification exercise and allotment process reaffirm the confidence investors have in our fundamentals and execution capabilities. This sets a solid foundation for accelerating our strategic roadmap, which aims to pivot the Group for transformational growth and unlock greater value across the Group’s Banking and Non-Banking businesses.”

 

GTCO Plc continues to lead its peers in key profitability metrics and financial performance. Building on this successful first phase, the Group will commence the second phase of its recapitalization plan in 2025, which is strategically positioned to attract significant foreign institutional investments, reinforcing its reputation as a “Truly International” financial services brand.

 

Proceeds from the combined equity raise will be strategically deployed to recapitalize the Group’s flagship subsidiary, Guaranty Trust Bank Limited (GTBank Nigeria), enhancing its ability to meet regulatory requirements and further solidify its position as a leading financial institution. Additionally, the funds will support Group-wide growth initiatives, including footprint expansion, product enhancement, and innovation across both Banking and Non-Banking subsidiaries. GTCO remains committed to delivering sustainable value to its stakeholders and driving innovation across the financial services landscape in Africa.

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