Tag: education fund

  • Oluremi Tinubu’s @65 Education Fund closes at ₦25.52bn for National Library project

    Oluremi Tinubu’s @65 Education Fund closes at ₦25.52bn for National Library project

    2026-01-01 07:50:00
    According to The Nation, the Oluremi @65 Education Fund—set up around Nigeria’s First Lady’s 65th birthday—closed after raising ₦25.52bn, tied to education support and the National Library project.

    The disclosure puts a hard figure to a fundraising drive that drew attention for both its scale and the stated goal of moving a long-delayed national institution toward completion.

    Execution is now the key issue: procurement transparency, governance structure, and clear milestones that show the money translates into measurable progress.

    The Guardian Nigeria also reported the fund “has closed after raising” ₦25,520,708,074.35.

    BusinessDay similarly stated the appeal “had reached a total of ₦25,520,708,074.35” as of December 31, 2025.

    Echotitbits take:

    Nigerians will support public-good projects when trust is high. Watch for an auditable dashboard, published milestones, and transparent contracting—otherwise the story risks ending as a headline without delivery.

    Source: The Nation — January 1, 2026 (https://thenationonlineng.net/oluremi-65-education-fund-raises-n25-52bn-for-national-library-project/)

    The Nation 2026-01-01

    Photo Credit: The Nation

  • Dangote Unveils N1tn Education Fund for 1.3 Million Students

    Dangote Unveils N1tn Education Fund for 1.3 Million Students

    Photo Credit:Punch Newspapers

    Africa’s richest man, Aliko Dangote, has announced a N100‑billion‑per‑year education initiative that will run for 10 years and support about 1.3 million Nigerian students across all 774 local government areas. The scheme, under the Dangote Education Fund, will cover undergraduates, technical students and secondary‑school girls, with special focus on STEM and areas with high out‑of‑school rates.

    The programme includes scholarships, tools for technical trainees and large‑scale teacher‑training support, backed by a digital, merit‑based verification and disbursement system. Dangote said he is committing a significant portion of his personal wealth to the foundation, while government officials hailed the initiative as a major boost for human‑capital development.

    Source: Punch Newspapers – 12 Dec 2025

    2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12