Education
Polaris Bank, Evolve Charity Trust empower 1,000 students with school essentials
Polaris Bank, in partnership with Evolve Charity Trust, has successfully concluded its 2025 nationwide distribution of school essentials to 1,000 students across ten public secondary schools in five states, including the Federal Capital Territory (FCT). The initiative is part of the Bank’s sustained Corporate Social Responsibility (CSR) efforts to keep more children, especially the girl child, in school.
This year’s exercise adds to a growing intervention that has supported more than 24,000 students in public schools across 49 locations since 2021.
This year’s beneficiaries received a complete learning kit consisting of a school uniform, school bag, a pair of sandals, six exercise books and pens. According to school authorities, these materials continue to improve attendance, boost confidence and support academic performance.
In delivering the programme, Polaris Bank also stimulated the local economy by sourcing uniforms from local tailors, procuring books from bookshops and purchasing sandals and bags from community traders, thereby supporting small businesses across the beneficiary states.
Polaris Bank’s Managing Director/CEO, Mr. Kayode Lawal, reaffirmed the Bank’s five-year promise to champion the education of Nigeria’s girl child, noting that the materials are symbols of belief in the students’ potential to become scholars, innovators and future leaders.
School administrators across the country expressed gratitude for the timely support, noting that the essentials meet real and urgent needs, ease the burden on families and positively impact academic performance. Many students come from homes where parents cannot afford these items and the gesture has restored pride among beneficiaries.
Representatives of the Bank reiterated their commitment to improving access to education, championing access to quality learning, and encouraging students to make the best use of the materials and stay committed to success.
The 2025 distribution covered the following schools: Government Girls Secondary School, Kundila, Kano; Model Junior Secondary School, Maitama, Abuja; Government Junior Secondary School, Area 10, Garki, Abuja; Fortune Secondary School, Lokoja, Kogi State; National High School, Arondizuogu, Imo State; Iheme Memorial Secondary School, Iheme, Imo State; Akokwa High School, Akokwa, Imo State; Opebi Junior Grammar School, Opebi, Lagos; Gbaja Girls Junior Secondary School, Surulere, Lagos; and Gbaja Girls Senior Secondary School, Surulere, Lagos.
Expressing gratitude for the timely support, Hajiya Aisha Shehu Yakasai, Principal of Government Girls Secondary School in Kundila, Kano, said the essentials “meet real and urgent needs” and have eased the burden on families. Aso, Madam Maji-Abu Omanyo Esther, Principal of Fortune Secondary School, Lokoja, described the gesture as one that “brought joy and will positively impact academic performance.”
Commending the Bank for restoring pride among beneficiaries, Mrs. Erdoo Lortyom, Vice Principal at Model Junior Secondary School, Maitama, Abuja, noted that many students come from homes where parents cannot afford these items while Mrs. Dabiri Nwabuoku Adetoun Iyabo, Principal of Gbaja Girls Junior and Senior Secondary Schools, Surulere, thanked Polaris Bank for its “consistent yearly gesture,” assuring that the materials will be put to excellent use.
Representatives of the Bank reiterated their commitment to improving access to education.
In Kano, Branch Head, Mr. Madiebo Godwin, reaffirmed the Bank’s dedication to “championing access to quality learning,” while in Lokoja, Business Development Manager, David Ojonugwa, encouraged students to “make the best use of the materials and stay committed to success.”
Speaking in Imo State, the Bank’s Business Development Manager for Urualla Branch, Mr. Peter Nnamani, urged students to aim high, noting that every career dream “begins with dedication in school.”
Project Manager of Evolve Charity Trust, Mr. Godwin Ejeh, noted that investing in a child’s education “lights a candle that brightens entire communities,” noting the ripple effect witnessed across states visited during the distribution.
The initiative aligns with the United Nations Sustainable Development Goals, particularly SDG 4: Quality Education and SDG 5: Gender Equality, by promoting inclusive access to education and reducing gender-based barriers that keep girls out of school.
Polaris Bank affirmed its continued commitment to partnering with credible development organisations to deliver sustainable educational impact across Nigeria.
Education
NFVCB Boss Urges Stronger Distribution Channels As Coal City Film Festival 2026 Opens In Enugu
The Executive Director/Chief Executive Officer of the National Film and Video Censors Board (NFVCB), Dr Shaibu Husseini, has called for stronger distribution frameworks within Nigeria’s film industry to ensure that locally produced content achieves global visibility.
Dr Husseini made this call while delivering the keynote address at the opening ceremony of the 2026 edition of the Coal City Film Festival, held in Enugu.
Welcoming participants to the festival, Dr Husseini expressed his personal delight at hosting the event in Enugu, his birth state, noting the city’s rich cultural heritage and longstanding contributions to Nigeria’s creative landscape.
He commended the festival organisers, particularly the Festival Director, Uche Agbo, for their resilience and commitment in sustaining the initiative.
According to him, the Coal City Film Festival has grown into a significant cultural platform and a must-attend cinematic event in South East Nigeria.
Speaking on the festival’s theme, “Local Stories, Global Screens,” Dr Husseini emphasised the importance of authenticity in storytelling. He noted that films rooted in local realities, languages, and cultural truths often resonate more strongly with global audiences.
He cited notable Nigerian productions such as “King of Boys” by Kemi Adetiba, “The Wedding Party” by Mo Abudu, “Anikulapo” by Kunle Afolayan, “Black Book” by Editi Effiong, and “Lionheart” by Genevieve Nnaji as examples of culturally grounded stories that have gained international recognition on platforms such as Netflix and at global film festivals.
While acknowledging the growth in film production across Nigeria, the NFVCB boss identified distribution as a major bottleneck in the industry. He observed that many high-quality films struggle to reach audiences both locally and internationally due to limited distribution channels.
Dr. Husseini therefore urged film festivals across the country to evolve beyond networking platforms into active marketplaces where filmmakers can secure distribution deals. He stressed that festivals must attract distributors, exhibitors, streaming platforms, and marketers to create tangible opportunities for filmmakers.
“Film festivals must become gateways to distribution where filmmakers leave not just with applause, but with real opportunities,” he said.
Reaffirming the Board’s commitment to industry development, Dr. Husseini stated that the NFVCB has continued to reposition itself as a partner in progress by engaging stakeholders, improving classification processes, and promoting a balance between creative freedom and social responsibility.
However, he raised concerns over increasing non-compliance with regulatory requirements, noting that some filmmakers bypass the Board by releasing unclassified films or operating without proper licensing.
He reiterated that all films and video works must be submitted to the NFVCB for classification and registration before being released on any platform, including digital platforms such as YouTube.
“This is a legal obligation, and the Board will not hesitate to take decisive action against defaulters,” he warned, adding that regulation is essential for protecting the industry, audiences, and national values.
Looking ahead, Dr. Husseini assured stakeholders of the Board’s continued collaboration with filmmakers and festival organisers to build a structured, sustainable, and globally competitive Nigerian film industry.
He concluded by commending the organisers of the Coal City Film Festival for their vision and contribution to Nigeria’s cultural economy, urging filmmakers to continue telling authentic stories that can resonate across global screens.
-Leadership
Education
ASUU Issues 4-Day Ultimatum To Federal Govt Over New Salary Structure
The Academic Staff Union of Universities (ASUU) has issued a four-day ultimatum to the Federal Government, demanding the immediate implementation of a newly approved salary structure for university lecturers nationwide.
ASUU President, Christopher Piwuna, made this known on Thursday while delivering a speech at a public lecture held at Sa’adu Zungur University, Yuli Campus, in Bauchi.
“We have issued a four-day ultimatum from today to the Federal Government to begin the payment of the newly approved salary structure. Failure to comply will attract a strong response from the union,” he said.
The ASUU president noted that the demand forms part of broader efforts to improve the welfare of university lecturers and address long-standing concerns about poor remuneration, which he said has contributed to brain drain and declining standards in Nigeria’s higher education sector.
Business
Amid Middle East Crisis, Inflation To Hit 16% – Analysts
Analysts at Afrinvest West Africa have warned that Nigeria’s inflation trajectory may reverse its recent disinflation trend, with headline inflation projected to climb to about 16 per cent in the near term, driven by the ripple effects of the escalating Middle East crisis on energy and domestic prices.
This is as they stressed that without swift policy responses, rising energy costs could deepen cost-of-living pressures and erode recent gains in price stability.
However, the analysts noted that the decline was weaker than expected, largely due to a resurgence in food inflation, which rose by 3.2 percentage points year-on-year to 12.1 per cent, offsetting gains in core inflation, which declined by 1.8 percentage points to 15.9 per cent.
On a month-on-month basis, inflationary pressures showed renewed volatility, with headline inflation rising by 2.0 per cent in February, a sharp reversal from the deflationary reading of negative 2.9 per cent recorded in January.
Despite this, analysts cautioned that underlying price pressures remain elevated, particularly from persistently high food costs and structural bottlenecks across the economy.
Looking ahead, Afrinvest highlighted that developments in the Middle East pose significant upside risks to inflation. According to the firm, crude oil prices have surged to about $105 per barrel from $72.69 at the end of February, triggering a sharp increase in domestic energy costs.
The report noted that the spike has already translated into higher retail prices of petroleum products, with petrol rising to about N1,350 per litre, diesel to N1,650 per litre, and cooking gas to N1,400 per kilogram in several states.
“These increases are expected to cascade across transportation, logistics, healthcare and food prices,” the analysts said, adding that existing structural challenges such as inadequate power supply, poor road infrastructure and insecurity could further amplify inflationary pressures.
In its baseline scenario, Afrinvest projected that the pass-through effect of the energy shock could drive headline inflation up by about 150 basis points to 16.6 per cent year-on-year, while month-on-month inflation could spike to 5.2 per cent.
The firm warned that a prolonged crisis could derail the Federal Government’s target of reducing average inflation to 16.5 per cent in 2026 from 23.3 per cent recorded in 2025.
To mitigate the impact on households, Afrinvest urged the government to implement targeted interventions, including the rollout of affordable mass transit systems, healthcare subsidies for low-income earners, and the temporary suspension of tariffs and related charges on food imports and other essential commodities.
-Leadership
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