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Wema Bank Launches SME Business School 5.0

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Wema Bank’s logo

Wema Bank, the leading innovative bank in Nigeria, has announced the launch of its flagship capacity-building programme for small and medium-sized enterprises (SMEs) in Nigeria – the Wema SME Business School 5.0.

The programme aims to equip SME business owners and entrepreneurs in Nigeria with the necessary skills and knowledge to succeed in business.

The Wema SME Business School 5.0, the fifth edition of the programme, will be held in Benin, Edo State, from May 22nd to May 26th. The programme will feature training and lectures on various aspects of business management and entrepreneurship, facilitated by subject matter experts and experienced entrepreneurs.


Arthur Nkemeh, Head of SME Banking at Wema Bank, stated that “Small businesses are the backbone of the Nigerian economy, and as a bank, we are committed to supporting their growth and development. The Wema SME Business School is a valuable initiative designed to equip SME business owners and entrepreneurs with the right skills and knowledge they need to succeed in today’s business environment.”

Since its launch in 2021, the SME Business School has held four successful editions of the programme in different parts of the country, including Lagos, Abuja, and Port Harcourt. Each edition of the programme has attracted over 500 SME business owners and entrepreneurs, who are selected through a call for applications and direct nominations.

The SME Business School 5.0 is open to all SME business owners and entrepreneurs in Nigeria who wish to improve their business management skills and grow their enterprises. Interested participants can register for the programme through the provided link or on the bank’s website.

The Wema SME Business School is part of Wema Bank’s commitment to promoting innovation and driving creativity in Nigeria. The bank remains dedicated to supporting the growth and development of small businesses in Nigeria, and the SME Business School is just one of the many initiatives that Wema Bank has launched to support SMEs. The business school is free for all SMEs that would be admitted.

EDUCATION

Alleged Plan To Abolish TETFund, NOTSUP Appeal

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The Non-Teaching Staff Union of Polytechnics (NOTSUP) has appealed to Federal Government not to systematically phase out TETFund which derives its funding from consolidated revenue from company income tax.

The union National President , Comrade Shaba Nakorji, who made the appeal during an interaction with our correspondent at NOTSUP Secretariat said almost 90% of the physical structures around all Federal and State government owned Polytechnics, Universities and Colleges of Education are products of TETFUND.

Nakorji said rather than to use Tetfund money to fund the Nigeria Education Loan Fund (NELFUND), the Federal Government should take 1% or 2% of VAT to fund NELFUND.

NELFUND recently introduced to disburse student loans is a good initiative, but cannot be a replacement for TETFund, he said.

The NOTSUP President said any plan to phase out the Tertiary Education Trust Fund (TETFund) is harmful to Nigeria tertiary education system and i appeal to the Federal Government to allow the Tetfund to stay and give more allocation to education budget.

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EDUCATION

Yabatech Governing Council Appoints New Registrar And Bursar

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The Governing Council at its meeting of 10th December 2024, approved the appointment of Mrs. Henrietta Badejo as Registrar and Dr. John Olusola Dada as Bursar. Their appointments take effect from January 2, 2025.Mrs. Henrietta Badejo joined the College’s service in 2001 as an Administrative Officer I and steadily rose through the ranks to become Deputy Registrar in 2017. Until her recent appointment, she served as Deputy Registrar, (Rectory), where she demonstrated exceptional administrative competence and dedication.A distinguished professional, Mrs. Badejo is a Fellow of the Chartered Institute of Personnel Management (CIPM) and a full member of the Nigerian Institute of Management (NIM). Her academic qualifications include:• Diploma in Computer Science• Master of Science in Geography• Bachelor of Science in Education and Geography•Nigerian Certificate in Education (Biology/Geography)Dr. John Olusola Dada brings over three decades of experience spanning the polytechnic, university, and private sectors. He is a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and an Associate Member of both the Chartered Institute of Taxation of Nigeria (ACTI) and the Chartered Institute of Management Accountants of Nigeria (ACIMA).Dr. Dada holds the following academic qualifications:•Postgraduate Diploma in Financial Management, University of Ado-Ekiti•BSc in Accounting, Babcock University•HND in Accountancy, Federal Polytechnic Ado-EkitiDr Dada was Instrumental in securing major grants for YABATECH, including: • $200,000 Ford Foundation Grant for establishing an art museum and producing a sexual harassment policy. • $1,000,000 FCDO/UNICEF GESP grant for training 5,750 girls in TVET-related skills.Prior to his appointment, he served as Chief Accountant, Busary Unit and Head of Department, Final Accounts alongide TETFund Desk Officer. The entire YABATECH community congratulates them and wishes them success as they take on their new roles.

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EDUCATION

KWSG cautions against political branding of public school materials

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Kwara State Government has again frowned at a culture of people branding materials to be donated to public school children with subtle or obvious political messages and indoctrination. “This practice, which includes emblazoning the picture of the donor on such books or school materials, should stop,” according to a statement by the Commissioner for Education and Human Capital Development Hajia Sa’adatu Moddibo Kawu.“While every support for public school is welcome and appreciated, the government has a standing policy that such materials do not come with political branding of any kind. “It is on record that education materials that the state government donated to school children between 2019 and now usually do not come with the picture of His Excellency the Governor, who feels such practices are not healthy for young children. “Public officials and private individuals should kindly take note of this. Again, the government thanks everyone who gives any form of support for public education.”

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